[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108110-en":3,"doc-seo-108110-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},108110,1099513958607,"Jiven","https://ap-avatar.wpscdn.com/avatar/100002390cf8733938c?x-image-process=image/resize,m_fixed,w_180,h_180&k=1778829742770036399",8,"Research & Report","Country Private Sector Diagnostic - Unleashing Private Sector Growth","The executive summary diagnoses Cameroon’s private-sector environment and explains why sustained stability has not translated into real transformation or faster growth. It highlights persistent poverty and widening regional income gaps, shaped by smallholder agriculture and limited job quality for a young, rapidly urbanizing population. It further details major headwinds, including security crises and COVID-19 disruptions, and outlines how these factors constrain production, tax revenues, and economic momentum.","Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized  \nPublic  \nCOUNTRY PRIVATE SECTOR DIAGNOSTIC  \nCREATING MARKETS IN CAMEROON  \nUnleashing private sector growth  \nExecutive Summary  \nDecember 2022  \nAbout IFC  \nIFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2022, IFC committed a record $32.8 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, [visit www.ifc.org](visit www.ifc.org).  \n© International Finance Corporation 2022. All rights reserved.  \n2121 Pennsylvania Avenue, N.W.  \nWashington, D.C. 20433 [www.ifc.org](www.ifc.org)  \nThe material in this work is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon. The findings, interpretations, views, and conclusions expressed herein are those of the authors and do not necessarily reflect the views of the Executive Directors of the International Finance Corporation or of the International Bank for Reconstruction and Development (the World Bank) or the governments they represent.  \nCover Photo: Odilia Hebga/ World Bank; NHPC  \nEXECUTIVE SUMMARY  \nES.1. A RESILIENT ECONOMY THAT HAS NOT FULLY DELIVERED ON ITS PROMISES  \nIn Cameroon, 20 years of stable growth, prudent macroeconomic policies, political stability, and a favorable natural resources endowment have increased prosperity without, however, real economic transformation or significant growth acceleration.  \nPoverty continues to be widespread and regional income disparities are growing.  \nWith smallholder agriculture remaining prevalent and generating mostly subsistence incomes for the poorest citizens, 26 percent of the population falls below the international poverty line (US$1.90 per year), and that percentage reaches 47 percent when considering the US$3.20 per day international poverty line for lower-middleincome countries.1 Cameroon’s Human Development Index value for 2018 was 0.563, only marginally above the 0.541 average for Sub-Saharan Africa (Cameroon’s gross domestic product, or GDP, per capita is slightly below that of Sub-Saharan Africa) and below the average for the medium human development bracket to which Cameroon belongs.2  \nA key structural change that the country is experiencing is rapid urbanization, two of the most significant potential areas of future growth being the cities of Yaoundé and Douala. According to the United Nations, both cities will surpass 5 million people by 2030, and by 2050, 70 percent of Cameroon’s population will live in urban areas. Finding good, high-quality job opportunities for a young population (60 percent of the population being under 25 years of age) will be a challenge given that two-thirds of employment opportunities in cities are currently of low quality in terms of features such as well-being, security, and compensation.  \nHeadwinds are creating new challenges. Cameroon has been facing a security crisis on two fronts for over five years and has been hard hit by the global COVID-19 pandemic. Since 2014, the Far North has suffered great harm from the Boko Haram insurgency, which has been feeding on the extreme poverty and low human development throughout the region. The conflict ha","cbCaineOl5Po61b6","https://ap.wps.com/l/cbCaineOl5Po61b6","pdf",2296088,4,1,21,"English","en",105,"# Executive Summary\n## A Resilient Economy That Has Not Fully Delivered on Its Promises","[{\"question\":\"Why has Cameroon’s economic performance not achieved meaningful transformation despite stable growth?\",\"answer\":\"Stable growth, prudent macroeconomic policies, political stability, and natural resource endowments have raised prosperity, but structural change and growth acceleration have not occurred. Poverty remains widespread and regional disparities are increasing.\"},{\"question\":\"What demographic and urbanization trends shape future growth challenges in Cameroon?\",\"answer\":\"Rapid urbanization in Yaoundé and Douala is expected to concentrate most of the population in cities by 2050. A young workforce faces limited high-quality employment, and many urban jobs are low quality in terms of well-being, security, and compensation.\"},{\"question\":\"How have security crises and COVID-19 affected Cameroon’s economy?\",\"answer\":\"Security problems across multiple regions have disrupted production of key crops and imposed broader economic constraints, including lower tax revenue and GDP growth. COVID-19 led to rising cases and fatalities and triggered containment and tax-related measures that evolved over time, with economic impacts less severe than initially anticipated.\"}]",1784468770,53,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":28},"country-private-sector-diagnostic-unleashing-private-sector-growth","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,51],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":50},"https://docshare.wps.com/document/research-report/",3,{"item":52,"name":13,"@type":43,"position":20},"https://docshare.wps.com/document/country-private-sector-diagnostic-unleashing-private-sector-growth/108110/",{"url":52,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-30","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"Why has Cameroon’s economic performance not achieved meaningful transformation despite stable growth?","Question",{"text":75,"@type":76},"Stable growth, prudent macroeconomic policies, political stability, and natural resource endowments have raised prosperity, but structural change and growth acceleration have not occurred. Poverty remains widespread and regional disparities are increasing.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"What demographic and urbanization trends shape future growth challenges in Cameroon?",{"text":80,"@type":76},"Rapid urbanization in Yaoundé and Douala is expected to concentrate most of the population in cities by 2050. A young workforce faces limited high-quality employment, and many urban jobs are low quality in terms of well-being, security, and compensation.",{"name":82,"@type":73,"acceptedAnswer":83},"How have security crises and COVID-19 affected Cameroon’s economy?",{"text":84,"@type":76},"Security problems across multiple regions have disrupted production of key crops and imposed broader economic constraints, including lower tax revenue and GDP growth. COVID-19 led to rising cases and fatalities and triggered containment and tax-related measures that evolved over time, with economic impacts less severe than initially anticipated.","https://schema.org",{"og:url":52,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":46,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":46,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":46,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":46,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":46,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":46,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":46,"category_name":137,"show_sort_weight":106,"slug":138},19,"General","general"]