Taxes on goods and services in Cameroon
Cameroon: Taxes on goods and services was 1.53 trillion current LCU in 2021. ◆ Volatile
Taxes on goods and services in Cameroon, 1990–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Cameroon is 1.53 trillion current LCU, measured in 2021. That is the highest value across all 18 years on record.
That represents a change of up 16.1% on the previous year and up 105.1% over ten years.
Over the whole period, taxes on goods and services in Cameroon peaked at 1.53 trillion current LCU in 2021 and was at its lowest, 86.92 billion current LCU, in 1992.
Cameroon ranks 30th of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 128.98 billion current LCU | 86.92 billion current LCU | 230.99 billion current LCU | 8 |
| 2010s | 1.13 trillion current LCU | 747.45 billion current LCU | 1.50 trillion current LCU | 8 |
| 2020s | 1.43 trillion current LCU | 1.32 trillion current LCU | 1.53 trillion current LCU | 2 |
Countries ranked near Cameroon
More public sector data for Cameroon
- Arms imports 2.00 million SIPRI trend indicator values (2023)
- Tax revenue 11.3% (2021)
- Taxes on income, profits and capital gains 21.8% (2021)
- Taxes on goods and services 43.3% (2021)
- Net investment in nonfinancial assets 4.5% (2021)
- Net lending (+) / net borrowing (-) -2.8% (2021)
- Interest payments 6.8% (2021)
- Grants and other revenue 18.5% (2021)
- Interest payments 7.8% (2021)
- Other taxes 3.6% (2021)
Frequently asked questions
- What is taxes on goods and services in Cameroon?
- Taxes on goods and services in Cameroon was 1.53 trillion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Cameroon?
- The highest recorded value was 1.53 trillion current LCU in 2021.
- What is the lowest taxes on goods and services recorded in Cameroon?
- The lowest recorded value was 86.92 billion current LCU in 1992.
- How does Cameroon rank for taxes on goods and services?
- Cameroon ranks 30th out of 157 countries with data for 2021.
- Is taxes on goods and services rising or falling in Cameroon?
- Over the last ten years it is up 105.1%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.