Cameroon Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Cameroon's credit to gdp was 14.09% in 2019, ranked 26th globally. This represents a 4.0% decrease from 2018. Data from World Bank, covering 1960–2019.
Overview
Cameroon's credit to gdp stood at 14.09% in 2019, a decline of +0.59% from 2018. Cameroon ranked 26th globally.
Cameroon’s credit to GDP ratio has risen from 9.70 percent in 1960 to 14.09 percent in 2019, placing the country 26th globally (World Bank). The indicator reached its all‑time high of 31.24 percent in 1982, a period of expansive borrowing that coincided with a surge in public investment, before falling to a trough of 5.53 percent in 1997 amid fiscal consolidation and external debt restructuring. Over the 60‑year span, the ratio has shown a gradual upward trajectory, reflecting a modest deepening of financial intermediation. Cameroon’s 2019 level is comparable to peers such as Ghana (13.94 percent) and Uganda (13.81 percent), suggesting a similar capacity to mobilize domestic credit for growth. Continued improvements in banking sector stability, regulatory reforms, and infrastructure financing could sustain the upward trend, while any reversal in macro‑economic conditions or external shocks might curb further expansion.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2019 | 14.09% | −0.59% | #26 |
| 2018 | 14.68% | +0.62% | #28 |
| 2017 | 14.06% | −0.31% | #23 |
| 2016 | 14.37% | +0.18% | #22 |
| 2015 | 14.19% | +0.46% | #22 |
| 2014 | 13.73% | +0.77% | #25 |
| 2013 | 12.96% | +0.55% | #25 |
| 2012 | 12.41% | +0.09% | #26 |
| 2011 | 12.33% | +1.55% | #26 |
| 2010 | 10.78% | +1.13% | #21 |
| 2009 | 9.64% | +0.40% | #19 |
| 2008 | 9.24% | +0.95% | #20 |
| 2007 | 8.29% | +0.16% | #22 |
| 2006 | 8.12% | −0.28% | #22 |
| 2005 | 8.40% | +0.61% | #24 |
Detected Pattern
Analysis
Cameroon matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Cameroon's credit to gdp was 14.09% in 2019. Ranked 26th globally. This represents a 4.0% decrease from the previous year.
Cameroon's credit to gdp peaked at 31.24% in 1982.
The lowest credit to gdp in Cameroon was 5.53% in 1997.
Cameroon ranks 26th globally in credit to gdp as of 2019.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
The credit to gdp of Cameroon in 2019 was 14.09%. This ranks 26th in the world.
Cite this page
@misc{historysaid_cameroon_credit-to-gdp,
title = {Cameroon Credit to GDP},
url = {https://historysaid.com/cameroon/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}