yellow with a yellow five-pointed star centered in the red
band; uses the popular pan-African colors of Ethiopia

@Cameroon:Economy

Economy - overview: Because of its oil resources and favorable
agricultural conditions, Cameroon has one of the best-endowed primary
commodity economies in sub-Saharan Africa. Still, it faces many of the
serious problems facing other underdeveloped countries, such as a
top-heavy civil service and a generally unfavorable climate for
business enterprise. Since 1990, the government has embarked on
various IMF and World Bank programs designed to spur business
investment, increase efficiency in agriculture, improve trade, and
recapitalize the nation's banks. The government, however, has failed
to press forward vigorously with these programs. The latest enhanced
structural adjustment agreement was signed in October 1997; the
parties hope this will prove more successful, yet government
mismanagement and corruption remain problems. Inflation has been
brought back under control. Progress toward privatization of remaining
state industry should support continued economic growth in 2000.

GDP: purchasing power parity - $31.5 billion (1999 est.)

GDP - real growth rate: 5.2% (1999 est.)

GDP - per capita: purchasing power parity - $2,000 (1999 est.)

GDP - composition by sector:
agriculture: 42%
industry: 22%
services: 36% (1997 est.)

Population below poverty line: 40% (1984 est.)

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 2.1% (1999 est.)

Labor force: NA

Labor force - by occupation: agriculture 70%, industry and commerce
13%, other 17%

Unemployment rate: 30% (1998 est.)

Budget:
revenues: $2.23 billion
expenditures: $2.23 billion, including capital expenditures of $NA
(FY96/97 est.)

Industries: petroleum production and refining, food processing, light
consumer goods, textiles, lumber

Industrial production growth rate: NA%

Electricity - production: 3.285 billion kWh (1998)

Electricity - production by source:
fossil fuel: 2.59%
hydro: 97.41%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 3.055 billion kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

Agriculture - products: coffee, cocoa, cotton, rubber, bananas,
oilseed, grains, root starches; livestock; timber

Exports: $2 billion (f.o.b., 1999)

Exports - commodities: crude oil an