Assets, Claims on Depository corporations (OFCS) (Domestic currency) in Cape Verde
Cape Verde: Assets, Claims on Depository corporations (OFCS) (Domestic currency) was 3.83 billion in 2024. ▼ Falling
Assets, Claims on Depository corporations (OFCS) in Cape Verde, 2012–2024
Source: International Monetary Fund.
Analysis
In 2024, assets, claims on depository corporations (ofcs) in Cape Verde stood at 3.83 billion.
The figure is up 26.3% on the previous year and down 15.0% over ten years.
Over the whole period, assets, claims on depository corporations (ofcs) in Cape Verde peaked at 6.97 billion in 2019 and was at its lowest, 1.69 billion, in 2020.
Cape Verde ranks 52nd of 66 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Assets, Claims on Depository corporations (OFCS) (Domestic currency) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 4.40 billion | — |
| 2013 | 5.44 billion | +23.7% |
| 2014 | 4.50 billion | -17.3% |
| 2015 | 4.47 billion | -0.7% |
| 2016 | 4.43 billion | -1.1% |
| 2017 | 5.95 billion | +34.5% |
| 2018 | 5.94 billion | -0.1% |
| 2019 | 6.97 billion | +17.2% |
| 2020 | 1.69 billion | -75.8% |
| 2021 | 2.20 billion | +30.3% |
| 2022 | 2.68 billion | +22.2% |
| 2023 | 3.03 billion | +12.9% |
| 2024 | 3.83 billion | +26.3% |
Cape Verde compared with similar countries
- Cape Verde's 3.83 billion is below the median for upper middle income countries, which is 52.43 billion, 7% of the median. (27 countries reporting)
- Cape Verde's 3.83 billion is below the median for Sub-Saharan Africa, which is 83.90 billion, 5% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.26 billion | 4.40 billion | 6.97 billion | 8 |
| 2020s | 2.68 billion | 1.69 billion | 3.83 billion | 5 |
Countries ranked near Cape Verde
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 depository corporations (ofcs) in Cape Verde?
- Assets, claims on depository corporations (ofcs) in Cape Verde was 3.83 billion in 2024, according to International Monetary Fund.
- What is the highest assets, claims on depository corporations (ofcs) recorded in Cape Verde?
- The highest recorded value was 6.97 billion in 2019.
- What is the lowest assets, claims on depository corporations (ofcs) recorded in Cape Verde?
- The lowest recorded value was 1.69 billion in 2020.
- How does Cape Verde rank for assets, claims on depository corporations (ofcs)?
- Cape Verde ranks 52nd out of 66 countries with data for 2024.
- Is assets, claims on depository corporations (ofcs) rising or falling in Cape Verde?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on Depository corporations (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.