- Tuesday June 15th, 2021
- Posted by: inscameroun
The economic and financial survey makes it possible to draw up a diagnosis of the global economic and financial situation of enterprises, particularly by branch of activity. For this edition, the study is based on a series of statistical and tax declarations from 1,191 representative enterprises.
Macroeconomic environment in 2019
In the wake of global economic developments, the national economy slowed down slightly in 2019. The growth rate stood at +3.7% after +4.1% in 2018. This deceleration is rooted internally in the continuing security crisis in the North-West and South-West regions, combined with the fire at the National Refining Company (SONARA) in 2019. In terms of supply, production slowed down in the primary sector by +2.8% in 2019 after +5.1% in 2018, and in the tertiary sector by +3.0% in 2019 as against +4.4% in 2018. In terms of demand however, imports of goods accelerated from +9.3% to +12.6%. In terms of prices, the increase in production was accompanied by an acceleration of inflation to 2.5% in 2019 after 1.1% in 2018.