Primary sector: Cameroon captured the bulk of revenues from Cocoa and banana in 2021 (INS)

Agriculture

Primary sector: Cameroon captured the bulk of revenues from Cocoa and banana in 2021 (INS)

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- Tuesday, 20 September 2022 14:10

(Business in Cameroon) - Primary activities in Cameroon improved by 2.9% in 2021, Compared with 1.4% the previous year, according to the 2021 national accounts report recently released by the National Institute of Statistics (INS).

The agricultural sector is cited as the most dynamic, having improved by 3.5% over the period, against 1.7% in 2020. "The sector [agriculture] has seen a strong boost of foreign trade, supported by an increase in the production of cocoa beans (13.7%) and bananas (9.0%)," the report said.

This resulted in an increase of 0.4 point (against 0.2 point in 2020) in the contribution of agricultural activities to the GDP in 2021. The document also highlights the good performance of the forestry and logging sector, whose contribution to GDP growth in 2021 increased by 0.05 points, while it was zero in 2020.

BRM

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