Bank or similar financial institution account in Cameroon
Cameroon: Bank or similar financial institution account was 21.0% in 2024. ▲ Rising
Bank or similar financial institution account in Cameroon, 2011–2024
Source: Global Findex Database. Measured in % age 15+.
Analysis
Cameroon recorded 21.0% for bank or similar financial institution account in 2024.
Compared with earlier readings it is down 10.8% on the previous year and up 85.0% over ten years.
Over the whole period, bank or similar financial institution account in Cameroon peaked at 26.9% in 2017 and was at its lowest, 11.4%, in 2014.
Cameroon ranks 103rd of 115 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 17.7% | 11.4% | 26.9% | 3 |
| 2020s | 22.3% | 21.0% | 23.5% | 2 |
Countries ranked near Cameroon
More reference data data for Cameroon
- Number of child deaths per woman 0.2723 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 4.32 live births per woman (2023)
- Fertility rate: births per woman 4.32 live births per woman (2023)
- Fertility rate: births per woman 4.32 live births per woman (2023)
- Human Development Index 0.588 (2023)
- Rule of Law - Governance estimate -1.25 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 35.39 0-100 (2024)
- Voice and Accountability - Governance estimate -1.24 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 35.12 0-100 (2024)
- Political Stability - Governance score 39.3 0-100 (2024)
Frequently asked questions
- What is bank or similar financial institution account in Cameroon?
- Bank or similar financial institution account in Cameroon was 21.0% in 2024, according to Global Findex Database.
- What is the highest bank or similar financial institution account recorded in Cameroon?
- The highest recorded value was 26.9% in 2017.
- What is the lowest bank or similar financial institution account recorded in Cameroon?
- The lowest recorded value was 11.4% in 2014.
- How does Cameroon rank for bank or similar financial institution account?
- Cameroon ranks 103rd out of 115 countries with data for 2024.
- Is bank or similar financial institution account rising or falling in Cameroon?
- Over the last ten years it is up 85.0%. The long-run trend across the full record is rising.
- Where does this Cameroon data come from?
- The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.
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About this data
The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)