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Cameroon Poverty Rate

Cameroon's poverty rate fell to 26.7% in 2021, down from 29% in 2014, according to World Bank. This represents a decrease of 2.3% from the previous year. Cameroon has poverty rate higher than the global median (26.70% vs median 1.90%). Compared with the median in Africa, Cameroon is lower (26.70% vs regional median 37.35%) and ranks 23rd out of 36 countries in Africa.

Cameroon's annual unemployment rate fell to 3.52% in 2024, down from 3.61% in 2023.

Yearly Historical Data (1996-2021)

(in %)
Year Poverty Rate (%)
2021 26.7%
2014 29%
2007 36%
2001 30.8%
1996 56.5%
Cameroon Poverty Rate : Definition
Poverty Rate measures the percentage of people in Cameroon living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).
Indicator Last Value Prior Value Period
Adult Literacy Rate 78.2% 72.5% 2020
Gini Index 42.2 points 46.6 points 2021
Happiness Index 4.89 points 4.87 points 2024
Homicide Rate 4.54 4.12 2020
Population 29.12M 28.37M 2024
Primary Enrollment Rate 112.64% 110.72% 2023