Bank or similar financial institution account in Cameroon

Cameroon: Bank or similar financial institution account was 21.0% in 2024. ▲ Rising

Latest (2024)
21.0%
Change on year
down 10.8%
World rank
103rd
of 115 countries
All-time high
26.9%
in 2017
All-time low
11.4%
in 2014
Years of data
5
2011–2024

Bank or similar financial institution account in Cameroon, 2011–2024

01020302011201720242011: 14.8 % age 15+2014: 11.4 % age 15+2017: 26.9 % age 15+2021: 23.5 % age 15+2024: 21 % age 15+

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

DecadeAverage LowestHighest Years
2010s 17.7% 11.4% 26.9% 3
2020s 22.3% 21.0% 23.5% 2

Countries ranked near Cameroon

  1. 100 Zimbabwe 21.6% compare
  2. 101 Lebanon 21.6% compare
  3. 102 Nicaragua 21.5% compare
  4. 104 Burkina Faso 20.5% compare
  5. 105 Benin 19.9% compare
  6. 106 Mali 18.4% compare

See the full ranking of 127 places →

More reference data data for Cameroon

All data for Cameroon →

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.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

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+)