Number of Deposit Accounts, Commercial Banks, of Which: Household in Cameroon
Cameroon: Number of Deposit Accounts, Commercial Banks, of Which: Household was 1.89 million in 2020. ◆ Volatile
Number of Deposit Accounts, Commercial Banks, of Which: Household in Cameroon, 2004–2020
Source: International Monetary Fund.
Analysis
In 2020, number of deposit accounts, commercial banks, of which: household in Cameroon stood at 1.89 million.
Compared with earlier readings it is down 6.5% on the previous year and up 431.0% over ten years.
Over the whole period, number of deposit accounts, commercial banks, of which: household in Cameroon peaked at 2.21 million in 2018 and was at its lowest, 8,445, in 2004.
Cameroon ranks 57th of 94 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Cameroon, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 8,445 | — |
| 2005 | 11,689 | +38.4% |
| 2006 | 19,205 | +64.3% |
| 2007 | 140,357 | +630.8% |
| 2008 | 179,518 | +27.9% |
| 2009 | 221,457 | +23.4% |
| 2010 | 355,437 | +60.5% |
| 2011 | 669,189 | +88.3% |
| 2012 | 746,233 | +11.5% |
| 2013 | 967,350 | +29.6% |
| 2014 | 873,059 | -9.7% |
| 2015 | 1.24 million | +42.1% |
| 2016 | 1.33 million | +7.6% |
| 2017 | 1.36 million | +1.7% |
| 2018 | 2.21 million | +62.5% |
| 2019 | 2.02 million | -8.5% |
| 2020 | 1.89 million | -6.5% |
Cameroon compared with similar countries
- Cameroon's 1.89 million is below the median for lower middle income countries, which is 7.37 million, 26% of the median. (21 countries reporting)
- Cameroon's 1.89 million is above the median for Sub-Saharan Africa, which is 786,037, 2.4× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Number of Deposit Accounts, Commercial Banks, of Which: Household in Cameroon changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +630.8% | 19,205 | 140,357 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96,778 | 8,445 | 221,457 | 6 |
| 2010s | 1.18 million | 355,437 | 2.21 million | 10 |
| 2020s | 1.89 million | 1.89 million | 1.89 million | 1 |
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 number of deposit accounts, commercial banks, of which: household in Cameroon?
- Number of deposit accounts, commercial banks, of which: household in Cameroon was 1.89 million in 2020, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Cameroon?
- The highest recorded value was 2.21 million in 2018.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Cameroon?
- The lowest recorded value was 8,445 in 2004.
- How does Cameroon rank for number of deposit accounts, commercial banks, of which: household?
- Cameroon ranks 57th out of 94 countries with data for 2020.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Cameroon?
- Over the last ten years it is up 431.0%. The long-run trend across the full record is volatile.
- Where does this Cameroon data come from?
- The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.