Account ownership at a financial institution or with a in Cameroon
Cameroon: Account ownership at a financial institution or with a was 62.9% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Cameroon, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 25+.
Analysis
In 2024, account ownership at a financial institution or with a in Cameroon stood at 62.9%. That is the highest value across all 5 years on record.
That represents a change of up 17.9% on the previous year and up 298.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Cameroon peaked at 62.9% in 2024 and was at its lowest, 15.8%, in 2014.
Cameroon ranks 78th of 106 countries on this measure, in the middle of the range.
Account ownership at a financial institution or with a in Cameroon, year by year
| Year | % of population ages 25+ | Change |
|---|---|---|
| 2011 | 19.7% | — |
| 2014 | 15.8% | -19.9% |
| 2017 | 39.7% | +151.4% |
| 2021 | 53.3% | +34.5% |
| 2024 | 62.9% | +17.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.0% | 15.8% | 39.7% | 3 |
| 2020s | 58.1% | 53.3% | 62.9% | 2 |
Countries ranked near Cameroon
More financial sector data for Cameroon
- Reserve position in the IMF, US dollar, annual growth rate 27.34 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0753 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 21.26 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.055 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 27.34 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0753 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 21.26 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Cameroon?
- Account ownership at a financial institution or with a in Cameroon was 62.9% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Cameroon?
- The highest recorded value was 62.9% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Cameroon?
- The lowest recorded value was 15.8% in 2014.
- How does Cameroon rank for account ownership at a financial institution or with a?
- Cameroon ranks 78th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Cameroon?
- Over the last ten years it is up 298.6%. The long-run trend across the full record is rising.
- Where does this Cameroon data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, older adults (% of population ages 25+). Statizoid updates them automatically from the source API.
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About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (older adults, % of population ages 25+).