Cameroon Private Credit (% GDP)
Cameroon's private credit (% GDP) fell to 14.09% in 2019, down from 14.68% in 2018, according to World Bank. This represents a decrease of 0.59% from the previous year. Cameroon has private credit (% GDP) lower than the global median (14.09% vs median 39.47%). Compared with the median in Africa, Cameroon is lower (14.09% vs regional median 16.64%) and ranks 29th out of 51 countries in Africa.
Yearly Historical Data (1960-2019)
(in %)Cameroon Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Cameroon.