According to the think tank Legatum Institute in London, which published the “Prosperity Africa Report 2016” on June 1, 2016, Cameroon is the 18th most prosperous countries in Africa. On this ranking 38 continental states, Cameroon tops in the CEMAC zone, followed by the Republic of Congo (28th) then Chad and Central African Republic who occupy the last two places in the ranking. In the ECCAS, Cameroon tops the 2nd position behind Rwanda.
The most prosperous countries in Africa, said the report, is South Africa. The Rainbow Nation heaven is followed by Botswana and Morocco, who completed the podium of the “Prosperity Africa Report 2016”. Egypt, which has to steal to South Africa instead of the second economy of the continent reaches the 13th position on the ranking, while Nigeria, the first African economy, advanced to 26th place; at the eight lengths behind Cameroon.
Legatum Institute establishes its ranking based on GDP per capita levels, and on 89 factors that includes eight categories. These include the economy, the presence of entrepreneurial opportunities, governance, education, health, security, personal freedom and finally, social capital.