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Services Sector Contribution to GDP in Cameroon (1990-2022)

Services Sector Contribution to GDP in Cameroon (1990-2022)

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TGM StatBox. (2024). Services Sector Contribution to GDP in Cameroon (1990-2022). TGM StatBox.
Chart Details
Data Source: World Development Indicators.
Timeframe: 1990-2022
Country: Cameroon
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
Cameroon’s services sector grew notably from 44.9% in 1990 to over 51% by 2020, with fluctuations around 50% afterward. This growth was driven by an expanding telecommunications sector and increasing demand for financial services. Recent slight declines could reflect impacts of regional instability and limited infrastructural support for service-based industries.

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