Financial Development Index in Cameroon
Cameroon: Financial Development Index was 0.0883 in 2020. β² Rising
Financial Development Index in Cameroon, 1980β2020
Source: International Monetary Fund.
Analysis
Cameroon recorded 0.0883 for financial development index in 2020.
Compared with earlier readings it is up 9.3% on the previous year and up 13.3% over ten years.
Over the whole period, financial development index in Cameroon peaked at 0.0964 in 2013 and was at its lowest, 0.0478, in 1993.
That places Cameroon 173rd out of 183 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0639 | 0.055 | 0.0728 | 10 |
| 1990s | 0.0649 | 0.0478 | 0.0854 | 10 |
| 2000s | 0.0801 | 0.0731 | 0.0852 | 10 |
| 2010s | 0.0826 | 0.0773 | 0.0964 | 10 |
| 2020s | 0.0883 | 0.0883 | 0.0883 | 1 |
Countries ranked near Cameroon
- 170 Haiti 0.0926 compare
- 171 Guinea-Bissau 0.0913 compare
- 172 United Republic of Tanzania 0.0911 compare
- 174 Equatorial Guinea 0.0839 compare
- 175 Chad 0.082 compare
- 176 Eritrea 0.0819 compare
More financial sector data for Cameroon
- Net domestic credit (current LCU), per capita 172,365 current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 110.83 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 6.79 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 0 SDR (2022)
- Gold reserves at market value 0 SDR (2022)
- Reserves excluding gold, foreign exchange 3.86 billion SDR (2024)
- Reserves excluding gold 3.88 billion SDR (2024)
- Total reserves (gold at market value) 3.88 billion SDR (2024)
- Total reserves (gold at national valuation) 3.94 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 135.33 SDR per person (2024)
Frequently asked questions
- What is financial development index in Cameroon?
- Financial development index in Cameroon was 0.0883 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Cameroon?
- The highest recorded value was 0.0964 in 2013.
- What is the lowest financial development index recorded in Cameroon?
- The lowest recorded value was 0.0478 in 1993.
- How does Cameroon rank for financial development index?
- Cameroon ranks 173rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Cameroon?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is rising.
- Where does this Cameroon data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.