This note provides an overview of the economic and financial situation of companies in Cameroon in 2023, based on a sample of 1,091 Statistical and Fiscal Declarations (DSF) provided by companies representative of the national economic fabric, and classified by branch of activity. This sample represents eighty-eight percent of the overall turnover and seventy-five percent of permanent jobs in 2023. The socio-economic environment in 2023 is marked by the decline in inflation around the world after the peak in 2022. Global growth, estimated at 3.2%, is down 0.3 percentage points compared to 2022. In this environment, modern businesses have continued to show resilience. Indeed, the overall turnover before tax of modern companies increased moderately by 0.9% after the strong increase of 20.0% recorded in 2022.This evolution can be mainly attributable to the secondary sector, which recorded a significant drop in turnover in 2023; resulting in a negative contribution of 2.3 percentage points, following a positive contribution of 13.8 percentage points in 2022. The fall in industrial prices, linked to the fall in Brent prices, was reflected in a sharp contraction (-27.1%) in duty-free sales of hydrocarbon extraction.
