Cameroon is maintaining a steady growth trajectory but is not among the top-performing African economies, according to the African Development Bank's (AfDB) 2026 African Economic Outlook. The report, presented on May 26, 2026, in Brazzaville, on the sidelines of the AfDB's annual meetings, forecasts real GDP growth of 4.0% for Cameroon in 2026 and 4.1% in 2027.
This performance places Cameroon in an intermediate position, close to the expected continental average of 4.2% in 2026, but below the 5% threshold often considered an indicator of strong growth. In comparison, Benin, Côte d'Ivoire, Rwanda, Ethiopia, and Tanzania have growth forecasts above 5% for 2026 and 2027.
The AfDB emphasizes that these figures do not constitute a general ranking of economic performance but rather reflect projected growth rates. Cameroon exhibits elements of macroeconomic stability, with inflation under control at 3.5% in 2026 and 2.7% in 2027, as well as a gradual reduction in the budget deficit. However, these factors are not enough to propel the country's growth beyond 4%.
The AfDB report highlights potential growth levers for Cameroon, such as improving infrastructure, strengthening regulatory frameworks, increasing the mobilization of national resources, deepening financial markets, and regional integration. The analysis suggests that countries with rapid growth generally combine several of these drivers.
While the report does not provide a detailed sectoral diagnosis for Cameroon, it underscores the importance of transforming macroeconomic balances into productive investments, productivity gains, and export diversification. Institutions such as the IMF also forecast moderate growth for Cameroon, with projections of 3.3% in 2026. However, the IMF anticipates an acceleration of growth from 2028, thanks to the rise of mining activity and improved electricity supply.
Several challenges persist, including weak infrastructure, an underdeveloped financial system, and a strong dependence on commodity exports. Cameroon needs to rethink its growth model by focusing on the private sector, redefining the role of the state, and boosting labor productivity.
Overall, Cameroon is expected to experience stable but moderate growth in 2026, placing it in the middle of the African pack. To accelerate its growth, the country will need to address structural challenges and implement reforms aimed at diversifying its economy and attracting productive investments. The AfDB stresses that macroeconomic stability alone is not enough to ensure vigorous growth.
