Assets, Claims on Central Government (OFCS) (Domestic currency) in Cape Verde
Cape Verde: Assets, Claims on Central Government (OFCS) (Domestic currency) was 9.00 million in 2024. ◆ Volatile
Assets, Claims on Central Government (OFCS) in Cape Verde, 2012–2024
Source: International Monetary Fund.
Analysis
In 2024, assets, claims on central government (ofcs) in Cape Verde stood at 9.00 million. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 56.1% on the previous year and down 99.1% over ten years.
Over the whole period, assets, claims on central government (ofcs) in Cape Verde peaked at 2.67 billion in 2019 and was at its lowest, 9.00 million, in 2024.
Cape Verde ranks 62nd of 66 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Assets, Claims on Central Government (OFCS) (Domestic currency) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1.19 billion | — |
| 2013 | 1.31 billion | +10.5% |
| 2014 | 947.61 million | -27.7% |
| 2015 | 936.62 million | -1.2% |
| 2016 | 904.50 million | -3.4% |
| 2017 | 2.13 billion | +135.2% |
| 2018 | 2.47 billion | +16.1% |
| 2019 | 2.67 billion | +8.2% |
| 2020 | 235.67 million | -91.2% |
| 2021 | 231.18 million | -1.9% |
| 2022 | 20.50 million | -91.1% |
| 2023 | 20.50 million | +0.0% |
| 2024 | 9.00 million | -56.1% |
Cape Verde compared with similar countries
- Cape Verde's 9.00 million is below the median for upper middle income countries, which is 137.08 billion, 0% of the median. (27 countries reporting)
- Cape Verde's 9.00 million is below the median for Sub-Saharan Africa, which is 44.51 billion, 0% of the median. (12 countries reporting)
Biggest year-on-year movements
Years where Assets, Claims on Central Government (OFCS) (Domestic currency) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +135.2% | 904.50 million | 2.13 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.57 billion | 904.50 million | 2.67 billion | 8 |
| 2020s | 103.37 million | 9.00 million | 235.67 million | 5 |
Countries ranked near Cape Verde
- 59 Tajikistan 49.87 million compare
- 60 Australia 41.90 million compare
- 61 Kyrgyzstan 32.11 million compare
- 63 Bahamas 4.93 million compare
- 64 Comoros 0
- 64 Kuwait 0 compare
- 64 Seychelles 0 compare
More financial sector data for Cape Verde
- Reserve position in the IMF, US dollar, annual growth rate 7.55 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.88 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.21 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.55 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.88 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.42 % change on previous year (2025)
Frequently asked questions
- What is assets, claims on central government (ofcs) in Cape Verde?
- Assets, claims on central government (ofcs) in Cape Verde was 9.00 million in 2024, according to International Monetary Fund.
- What is the highest assets, claims on central government (ofcs) recorded in Cape Verde?
- The highest recorded value was 2.67 billion in 2019.
- What is the lowest assets, claims on central government (ofcs) recorded in Cape Verde?
- The lowest recorded value was 9.00 million in 2024.
- How does Cape Verde rank for assets, claims on central government (ofcs)?
- Cape Verde ranks 62nd out of 66 countries with data for 2024.
- Is assets, claims on central government (ofcs) rising or falling in Cape Verde?
- Over the last ten years it is down 99.1%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on Central Government (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.