Saved at a financial institution or using a mobile money account in Cameroon

Cameroon: Saved at a financial institution or using a mobile money account was 31.2% in 2024. ◆ Volatile

Latest (2024)
31.2%
Change on year
up 33.1%
World rank
29th
of 80 countries
All-time high
31.2%
in 2024
All-time low
7.7%
in 2014
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Cameroon, 2011–2024

10152025302011201720242011: 9.9 % age 15+2014: 7.7 % age 15+2017: 10.9 % age 15+2021: 23.5 % age 15+2024: 31.2 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for saved at a financial institution or using a mobile money account in Cameroon is 31.2%, measured in 2024. That is the highest value across all 5 years on record.

The figure is up 33.1% on the previous year and up 305.0% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Cameroon peaked at 31.2% in 2024 and was at its lowest, 7.7%, in 2014.

Cameroon ranks 29th of 80 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.5% 7.7% 10.9% 3
2020s 27.4% 23.5% 31.2% 2

Countries ranked near Cameroon

  1. 26 Togo 32.1% compare
  2. 27 Mauritius 31.9% compare
  3. 28 Peru 31.4% compare
  4. 30 Malawi 30.9% compare
  5. 31 Mali 30.2% compare
  6. 32 Dominican Republic 29.2% compare

See the full ranking of 91 places →

More reference data data for Cameroon

All data for Cameroon →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Cameroon?
Saved at a financial institution or using a mobile money account in Cameroon was 31.2% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Cameroon?
The highest recorded value was 31.2% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Cameroon?
The lowest recorded value was 7.7% in 2014.
How does Cameroon rank for saved at a financial institution or using a mobile money account?
Cameroon ranks 29th out of 80 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Cameroon?
Over the last ten years it is up 305.0%. The long-run trend across the full record is volatile.
Where does this Cameroon data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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

About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
91 places, 455 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)