Public Management

Cameroon's informal workers earn an average of CFA83,409 per month (INS)

Cameroon's informal workers earn an average of CFA83,409 per month (INS)
Monday, 06 November 2023 17:06

The Cameroonian Institute of Statistics has published the third report on employment and the informal sector (EESI3).

The document indicates that a local informal sector worker earns an average of CFA83,409 per month. Incomes range from CFA59,520 in rural areas to CFA96,367 in urban areas. An hour of work in the informal sector pays an average of CFA669, and the average monthly income of employers is CFA181,200, nearly double that of those working on their own account (CFA93,500).

The second phase of the survey conducted in 2021 identified 4,762 non-agricultural informal production units (IPU) and surveyed 4,576 of them, resulting in a coverage rate of 96.1%. It reveals a mere 6% rate of salaried workers. This low level of wage employment is more prevalent in the industry (9.6%) than in services (4.7%) and commerce (3.3%). However, the service sector is the one that predominantly employs informal workers, accounting for 35%.

The majority of informal production units predominantly employ self-employed workers (78.3%). This ratio is higher among women (85.1%) than among men (70.6%). Around 52.3% of informal workers are under some form of employment contract, with only 2.1% possessing a written contract and 50.2% with a verbal agreement (either informal or tacit).

Moreover, nearly 3 out of 4 workers have learned either through self-teaching or on-the-job training. Their average age is 35.7 years, ranging from 34.4 years in the industry to 35 years in services and 37.8 years in commerce.

Regarding investments in the informal sector, the report indicates that 55.9% of promoters fund the initiation of their activities using their own funds. Utilization of "tontines" (rotating credit associations) and donations/inheritances accounts for 12.9% and 16.3%, respectively. The average capital stands at CFA378,400 nationally, with half of the informal production units having a capital below or equal to CFA36,000. The national annual investment amounts to CFA54 billion.

The study also reveals changes in the main indicators of the informal sector, showing an increase in the average monthly income of workers by about CFA37,100 between 2010 and 2021. This increase is more substantial in transport (+CFA45,400) and catering (+CFA46,300). The average investment amount by informal production units has increased by CFA183,800. Transport once again (+CFA579,400) and repairs (+CFA251,400) show the most significant increases. Only the capital invested in catering decreased (-CFA22,600) between 2010 and 2021.

Lastly, the proportion of informal production units acquiring equipment in the 12 months prior to the survey has seen minimal change. There is an observed investment effort in the industry sector, with an 8.1 percentage point increase. The average investment value has risen by CFA26,000 between 2010 and 2021.

Let’s note that the INS defines the informal sector as all production units that do not have a taxpayer number and/or do not keep formal accounts. The first survey of the EESI type dates back to 2005, and the second to 2010.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Ghana enacts the VASP Bill 2025 to regulate digital assets under the Bank of Ghana, ending years of legal and regulatory ambiguity. The law mandates...
Sanlam Maroc takes a stake in Woliz, a local retail tech startup The deal marks Sanlam’s first long-term private equity venture in Morocco Investment...
Treasury securities issuance reached CFA5,272.8 billion from January to October Bond issues exceeded Treasury bills, signaling a shift to longer-term...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply. The Naira...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
03

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.