Cameroon CM: Military Expenditure: % of GDP

1970 - 2022 | Yearly | % | World Bank

Cameroon CM: Military Expenditure: % of GDP data was reported at 0.949 % in 2022. This records a decrease from the previous number of 0.978 % for 2021. Cameroon CM: Military Expenditure: % of GDP data is updated yearly, averaging 1.325 % from Dec 1970 (Median) to 2022, with 53 observations. The data reached an all-time high of 1.991 % in 1982 and a record low of 0.949 % in 2022. Cameroon CM: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cameroon – Table CM.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

View Cameroon's Cameroon CM: Military Expenditure: % of GDP from 1970 to 2022 in the chart:

Cameroon Cameroon CM: Military Expenditure: % of GDP

What was Cameroon's Cameroon CM: Military Expenditure: % of GDP in 2022?

Last Previous Min Max Unit Frequency Range
0.949 2022 0.978 2021 0.949 2022 1.991 1982 % yearly 1970 - 2022

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Cameroon Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 5,542.930 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 1,973.490 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 4.898 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (XAF bn) 7,713.943 2029 yearly 2000 - 2029
Forecast: Government Net Debt (XAF bn) 14,906.343 2029 yearly 1998 - 2029
Forecast: Government Revenue (XAF bn) 7,193.073 2029 yearly 2000 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 32.244 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -2.355 2029 yearly 1980 - 2029

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