Bank branches per 100,000 adults in Cape Verde
Cape Verde: Bank branches per 100,000 adults was 31.01 in 2020. ▲ Rising
Bank branches per 100,000 adults in Cape Verde, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
In 2020, bank branches per 100,000 adults in Cape Verde stood at 31.01.
That represents a change of down 3.1% on the previous year and down 0.6% over ten years.
Over the whole period, bank branches per 100,000 adults in Cape Verde peaked at 34.15 in 2012 and was at its lowest, 16.46, in 2004.
That places Cape Verde 22nd out of 185 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Bank branches per 100,000 adults in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 16.46 | — |
| 2005 | 16.62 | +1.0% |
| 2006 | 18.48 | +11.2% |
| 2007 | 21.51 | +16.4% |
| 2008 | 25.94 | +20.6% |
| 2009 | 28.3 | +9.1% |
| 2010 | 31.19 | +10.2% |
| 2011 | 30.47 | -2.3% |
| 2012 | 34.15 | +12.1% |
| 2013 | 34.09 | -0.2% |
| 2014 | 33.77 | -0.9% |
| 2015 | 33.73 | -0.1% |
| 2016 | 33.42 | -0.9% |
| 2017 | 31.26 | -6.5% |
| 2018 | 32.53 | +4.1% |
| 2019 | 32 | -1.6% |
| 2020 | 31.01 | -3.1% |
Cape Verde compared with similar countries
- Cape Verde's 31.01 is above the median for upper middle income countries, which is 14.09, 2.2× the median. (55 countries reporting)
- Cape Verde's 31.01 is above the median for Sub-Saharan Africa, which is 4.08, 7.6× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.22 | 16.46 | 28.3 | 6 |
| 2010s | 32.66 | 30.47 | 34.15 | 10 |
| 2020s | 31.01 | 31.01 | 31.01 | 1 |
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 bank branches per 100,000 adults in Cape Verde?
- Bank branches per 100,000 adults in Cape Verde was 31.01 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank branches per 100,000 adults recorded in Cape Verde?
- The highest recorded value was 34.15 in 2012.
- What is the lowest bank branches per 100,000 adults recorded in Cape Verde?
- The lowest recorded value was 16.46 in 2004.
- How does Cape Verde rank for bank branches per 100,000 adults?
- Cape Verde ranks 22nd out of 185 countries with data for 2020.
- Is bank branches per 100,000 adults rising or falling in Cape Verde?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 100,000*reported number of depositors/adult population in the reporting country.