Account ownership at a financial institution or with a in Cameroon

Cameroon: Account ownership at a financial institution or with a was 57.2% in 2024. ◆ Volatile

Latest (2024)
57.2%
Change on year
up 17.7%
World rank
71st
of 106 countries
All-time high
57.2%
in 2024
All-time low
5.3%
in 2014
Years of data
5
2011–2024

Account ownership at a financial institution or with a in Cameroon, 2011–2024

02040602011201720242011: 5.5 % of population ages 15-242014: 5.3 % of population ages 15-242017: 24.8 % of population ages 15-242021: 48.6 % of population ages 15-242024: 57.2 % of population ages 15-24

Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15-24.

Analysis

The most recent figure for account ownership at a financial institution or with a in Cameroon is 57.2%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 17.7% on the previous year and up 973.5% over ten years.

Over the whole period, account ownership at a financial institution or with a in Cameroon peaked at 57.2% in 2024 and was at its lowest, 5.3%, in 2014.

That places Cameroon 71st out of 106 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

Annual values for Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24) in Cameroon, 2011 to 2024.
Year % of population ages 15-24 Change
2011 5.5%
2014 5.3% -2.4%
2017 24.8% +365.3%
2021 48.6% +96.0%
2024 57.2% +17.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11.9% 5.3% 24.8% 3
2020s 52.9% 48.6% 57.2% 2

Countries ranked near Cameroon

  1. 68 Israel 57.4% compare
  2. 69 North Macedonia 57.4% compare
  3. 70 Italy 57.4% compare
  4. 72 Congo 55.4% compare
  5. 73 Croatia 55.2% compare
  6. 74 Philippines 55.1% compare

See the full ranking of 118 places →

More financial sector data for Cameroon

All data for Cameroon →

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 57.2% 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 57.2% in 2024.
What is the lowest account ownership at a financial institution or with a recorded in Cameroon?
The lowest recorded value was 5.3% in 2014.
How does Cameroon rank for account ownership at a financial institution or with a?
Cameroon ranks 71st 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 973.5%. 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, young adults (% of population ages 15-24). Statizoid updates them automatically from the source API.

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Account ownership at a financial institution or with a in Cameroon. Statizoid, drawing on Global Findex Database, World Bank (WB). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-7/cameroon/

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<a href="https://financial-sector.statizoid.com/stat/account-ownership-at-a-financial-institution-or-with-a-mobile-money-service-provider-7/cameroon/">Account ownership at a financial institution or with a in Cameroon</a> — Statizoid

About this data

Indicator
Account ownership at a financial institution or with a mobile-money-service provider, young adults (% of population ages 15-24)
Unit
% of population ages 15-24
Source
Global Findex Database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
118 places, 590 data points, 2011–2024
Last refreshed

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 (young adults, % of population ages 15-24).