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TOOL · GROSS COST

How much would a basic income cost in Cameroon?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 16,524,096child population 11,848,591year 2023World Bank WDI

GROSS ANNUAL COST

215,505 million

in XAFFCFA 215,504,558,400

Equal to 0.7% of reference GDP

Population covered: 28,372,687 people

Adults: 16,524,096 × FCFA 800 × 12 = FCFA 158,631,321,600

Children: 11,848,591 × FCFA 400 × 12 = FCFA 56,873,236,800

FCFA 158,631,321,600 + FCFA 56,873,236,800 = FCFA 215,504,558,400

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $48,814,501,547 · World Bank WDI

Currency XAF · exchange rate 606.5698 XAF/USD (2023)

Converted cost $355,284,052 for the GDP share.