Mr Cameron, who resigned as prime minister after June’s EU referendum, said he did not want to be a “distraction” for new PM Theresa May.
The 49-year-old said his replacement had “got off to a cracking start”.
Mr Cameron, who has represented Witney since 2001, became Conservative leader in 2005 and PM in 2010.
Speaking in his constituency, he said it had been a “great honour” to be an MP for the area, but said it would be difficult for him to remain on the backbenches without becoming “a big distraction and a big diversion” from the work of the new government.
The former prime minister said he took the decision “with a heavy heart”.
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