Cameroon is in West and Central Africa, bordering the Bight of Biafra, between Equatorial Guinea and Nigeria. The climate varies with the terrain, from tropical along the coast to semi arid and hot in the north. The official languages are French and English. Business is mostly conducted in French. Although Cameroonian French is noticeably different from standard French and can be difficult to understand, this is less true among businesspeople and government officials. The main religions are Christianity, Islam and indigenous beliefs. The economy of Cameroon is one of the ten highest in sub-Saharan Africa. Red tape, high taxes, and endemic corruption have impeded growth of the private sector. Unemployment was estimated at 30% in 2001, and about a third of the population was living below the international poverty threshold. Business dress is mostly formal, business suits are the norm. English and French are the common business languages. At executive level, Cameroon is male dominated, however, there is considerable respect for job titles. The security risk for expatriates in Cameroon is medium, but high in the extreme north and in the Bakassi peninsula which is affected by militancy and criminality. Risks include petty and violent crime including armed robbery and carjacking's, as well as civil unrest. The currency of Cameroon is the CFA Franc BEAC (XAF). Euros and US Dollars are the most widely accepted foreign currency. Cameroon is primarily a cash economy. Credit cards are accepted at some of the large supermarkets and petrol stations but not at most smaller shops and restaurants. Medical facilities in Cameroon are poor and medical emergency facilities are extremely limited. For serious medical treatment, medical evacuation is usually required. There have been reports of polio. There is also a high risk of malaria and yellow fever transmission. There have been cholera outbreaks. The population of Cameroon is 23.4 Million (2018 est.), while the inflation rate (CPI) is 0.9% for Cameroon as at June 2018. Xpatulator Hypothetical Tax for Cameroon is based on the current personal income tax rates which are progressive up to 38.5%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Cameroon, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Cameroon as at 1 October 2018 is low in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Low 2) Clothing: Low 3) Communication: Very High 4) Education: Very Low 5) Furniture & Appliances: Very High 6) Groceries: High 7) Healthcare: Very Low 8) Household Accommodation: Very Low 9) Miscellaneous: Average 10) Personal Care: Very Low 11) Recreation & Culture: High 12) Restaurants Meals Out and Hotels: Low 13) Transport: Low Cameroon is for example 1% more expensive than USA for groceries, -40.5% cheaper for household costs than UK, and 59.6% more expensive for transport costs than India. The hardship premium for Cameroon for an expat from Australia, is for example 20%, i.e. host location (Cameroon) premium of 30% minus home (Australia) location premium of 10%. Cameroon is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Cameroon? Register subscribe to your home location and Cameroon and run your personalised reports.