{"id":9918,"date":"2022-09-26T12:16:11","date_gmt":"2022-09-26T11:16:11","guid":{"rendered":"https:\/\/ins-cameroun.cm\/?post_type=statistique&#038;p=9918"},"modified":"2025-07-21T14:03:55","modified_gmt":"2025-07-21T13:03:55","slug":"english-2021-national-accounts","status":"publish","type":"statistique","link":"https:\/\/ins-cameroun.cm\/en\/statistique\/english-2021-national-accounts\/","title":{"rendered":"2021 National Accounts"},"content":{"rendered":"<p style=\"text-align: justify;\"><span id=\"page7R_mcid0\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">In 2021, the<\/span> <span dir=\"ltr\" role=\"presentation\">national economy experienced renewed activity; real GDP growth stood at 3.6%, after 0.3% <\/span><span dir=\"ltr\" role=\"presentation\">in 2020. This was as a result of the gradual reopening of world\u2019s economies,<\/span> <span dir=\"ltr\" role=\"presentation\">after a difficult year in <\/span><span dir=\"ltr\" role=\"presentation\">2020,<\/span> <span dir=\"ltr\" role=\"presentation\">and recovery of economic activity in the branches that were heavily hit by the crisis, particularly <\/span><span dir=\"ltr\" role=\"presentation\">services and processing activities.<\/span><\/span><span id=\"page7R_mcid1\" class=\"markedContent\"><br role=\"presentation\" \/><strong><span dir=\"ltr\" role=\"presentation\">On the supply side<\/span><span dir=\"ltr\" role=\"presentation\">,<\/span><\/strong> <span dir=\"ltr\" role=\"presentation\">renewed growth was recorded in all three sectors of activity, but was mainly driven by <\/span><span dir=\"ltr\" role=\"presentation\">rebound in a<\/span><span dir=\"ltr\" role=\"presentation\">ctivity in some branches of the tertiary and secondary sectors. In the primary sector, growth was <\/span><span dir=\"ltr\" role=\"presentation\">mainly driven by industrial and export agriculture, as well as sylviculture and logging. As for the secondary sector, <\/span><span dir=\"ltr\" role=\"presentation\">renewed growth was mainly driven by the<\/span> <span dir=\"ltr\" role=\"presentation\">beverage, cereal products, fats, cocoa, coffee, tea and sugar industries, <\/span><span dir=\"ltr\" role=\"presentation\">as well as the wood processing, textile and clothing and non<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">metallic mineral products industries. In contrast, <\/span><span dir=\"ltr\" role=\"presentation\">activity in this sector was limited by the decline in crude oil and na<\/span><span dir=\"ltr\" role=\"presentation\">tural gas extraction activities. In the tertiary <\/span><span dir=\"ltr\" role=\"presentation\">sector, these included transport and storage, accommodation and restaurant services, as well as financial activities <\/span><span dir=\"ltr\" role=\"presentation\">and insurance.<\/span><\/span><span id=\"page7R_mcid2\" class=\"markedContent\"><br role=\"presentation\" \/><strong><span dir=\"ltr\" role=\"presentation\">On the demand side<\/span><span dir=\"ltr\" role=\"presentation\">,<\/span><\/strong> <span dir=\"ltr\" role=\"presentation\">real GDP growth was marked by a rebound in final<\/span> <span dir=\"ltr\" role=\"presentation\">consumption expenditure, and a <\/span><span dir=\"ltr\" role=\"presentation\">strong increase in public and private investment expenditure. The balance of foreign trade in goods and services <\/span><span dir=\"ltr\" role=\"presentation\">deteriorated, as a result of the increase in imports that is more significant than the increase in exports. <\/span><\/span><span id=\"page7R_mcid3\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">Rega<\/span><span dir=\"ltr\" role=\"presentation\">rding outlook for 2022<\/span><span dir=\"ltr\" role=\"presentation\">, despite some uncertainties due to inflationary pressures, and a tightening of global <\/span><span dir=\"ltr\" role=\"presentation\">financial conditions, the domestic economy is expected to consolidate the gradual post<\/span><span dir=\"ltr\" role=\"presentation\">&#8211;<\/span><span dir=\"ltr\" role=\"presentation\">Covid recovery that began <\/span><span dir=\"ltr\" role=\"presentation\">in 2021.<\/span><\/span><\/p>\n","protected":false},"featured_media":0,"template":"","format":[583],"meta":{"_acf_changed":false},"annee":[],"region":[],"domaines":[],"class_list":["post-9918","statistique","type-statistique","status-publish","hentry","format-donnees-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/9918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique"}],"about":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/types\/statistique"}],"version-history":[{"count":1,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/9918\/revisions"}],"predecessor-version":[{"id":16340,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/9918\/revisions\/16340"}],"wp:attachment":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/media?parent=9918"}],"wp:term":[{"taxonomy":"annee","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/annee?post=9918"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/region?post=9918"},{"taxonomy":"format","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/format?post=9918"},{"taxonomy":"domaine","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/domaines?post=9918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}