Account ownership at a financial institution or with a in Cameroon
Cameroon: Account ownership at a financial institution or with a was 77.3% in 2024. ◆ Volatile
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 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Cameroon stood at 77.3%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 15.0% on the previous year and up 255.6% over ten years.
Over the whole period, account ownership at a financial institution or with a in Cameroon peaked at 77.3% in 2024 and was at its lowest, 17.4%, in 2011.
That places Cameroon 68th out of 105 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution or with a in Cameroon, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 17.4% | — |
| 2014 | 21.7% | +24.6% |
| 2017 | 46.5% | +113.9% |
| 2021 | 67.2% | +44.6% |
| 2024 | 77.3% | +15.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.5% | 17.4% | 46.5% | 3 |
| 2020s | 72.2% | 67.2% | 77.3% | 2 |
Countries ranked near Cameroon
- 65 Saudi Arabia 79.3% compare
- 66 Gabon 78.2% compare
- 67 Tanzania, United Republic of 78.1% compare
- 69 Viet Nam 75.2% compare
- 70 Burkina Faso 75.0% compare
- 71 Dominican Republic 73.5% compare
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 77.3% 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 77.3% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Cameroon?
- The lowest recorded value was 17.4% in 2011.
- How does Cameroon rank for account ownership at a financial institution or with a?
- Cameroon ranks 68th out of 105 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 255.6%. The long-run trend across the full record is volatile.
- 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, secondary education or more (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
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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 (secondary education or more, % of population ages 15+).