Macroeconomic Forecast Cameroon

May 2008 | Macroeconomic Forecasts

We forecast that economic growth will robust over the coming two years, and our real GDP forecasts stand at 4.6% and 5.6% in 2008 and 2009, respectively. In our view, the uptick in 2009 will be mainly a result of an acceleration in non-oil growth, which is projected to come in at 6.1%. Strong economic expansion will continue to increase import demand, which will weigh on the country's current account balance, with deficit forecast rise to 3.4% of GDP.

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