Assets, Claims on Private sector (OFCS) (Domestic currency) in Cape Verde
Cape Verde: Assets, Claims on Private sector (OFCS) (Domestic currency) was 1.11 billion in 2024. ◆ Volatile
Assets, Claims on Private sector (OFCS) in Cape Verde, 2012–2024
Source: International Monetary Fund.
Analysis
Cape Verde recorded 1.11 billion for assets, claims on private sector (ofcs) in 2024. That is the highest value across all 13 years on record.
That represents a change of up 34.2% on the previous year.
Over the whole period, assets, claims on private sector (ofcs) in Cape Verde peaked at 1.11 billion in 2024 and was at its lowest, 0, in 2012.
That places Cape Verde 63rd out of 66 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Assets, Claims on Private sector (OFCS) (Domestic currency) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0 | — |
| 2013 | 0 | — |
| 2014 | 0 | — |
| 2015 | 0 | — |
| 2016 | 0 | — |
| 2017 | 0 | — |
| 2018 | 0 | — |
| 2019 | 0 | — |
| 2020 | 604.56 million | — |
| 2021 | 549.92 million | -9.0% |
| 2022 | 830.62 million | +51.0% |
| 2023 | 825.36 million | -0.6% |
| 2024 | 1.11 billion | +34.2% |
Cape Verde compared with similar countries
- Cape Verde's 1.11 billion is below the median for upper middle income countries, which is 60.95 billion, 2% of the median. (27 countries reporting)
- Cape Verde's 1.11 billion is below the median for Sub-Saharan Africa, which is 79.44 billion, 1% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0 | 0 | 0 | 8 |
| 2020s | 783.54 million | 549.92 million | 1.11 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 private sector (ofcs) in Cape Verde?
- Assets, claims on private sector (ofcs) in Cape Verde was 1.11 billion in 2024, according to International Monetary Fund.
- What is the highest assets, claims on private sector (ofcs) recorded in Cape Verde?
- The highest recorded value was 1.11 billion in 2024.
- What is the lowest assets, claims on private sector (ofcs) recorded in Cape Verde?
- The lowest recorded value was 0 in 2012.
- How does Cape Verde rank for assets, claims on private sector (ofcs)?
- Cape Verde ranks 63rd out of 66 countries with data for 2024.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on Private sector (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.