In December 2018, the National Institute of Statistics (INS) began work to change the base year of Cameroon’s national accounts, which went from 2005 to 2016. This work benefited from the financial support of the Government, through the Ministry of Finance (MINFI) and the Ministry of Economy, Planning and Regional Development (MINEPAT), as well as technical assistance from AFRITAC-Centre (AFC). The change in the base year of the national accounts (rebasing) is a normal exercise of the methodology for compiling national accounts, which aims to renovate the instrument for measuring the country’s economic activity, whether are the national accounts. International practice in the recommended to do this every five or ten years. The first results of this work were published in December 2020, with the GDP for the year 2016 being reassessed upwards by 3.6% compared to the same year in 2005. One of the objectives of the project for this change of base year was to extend the scope of the
coverage of Cameroon’s national accounts to accumulation accounts (financial accounts, accounts of other volume changes, and revaluation accounts), and balance sheets .
