Bank cost to income ratio in Cape Verde
Cape Verde: Bank cost to income ratio was 51.7% in 2021. ▼ Falling
Bank cost to income ratio in Cape Verde, 2008–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Cape Verde recorded 51.7% for bank cost to income ratio in 2021. That is the lowest value across all 14 years on record.
The figure is down 3.9% on the previous year and down 18.5% over ten years.
Over the whole period, bank cost to income ratio in Cape Verde peaked at 78.2% in 2014 and was at its lowest, 51.7%, in 2021.
That places Cape Verde 108th out of 169 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Bank cost to income ratio in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 60.8% | — |
| 2009 | 71.3% | +17.2% |
| 2010 | 61.6% | -13.6% |
| 2011 | 63.4% | +2.8% |
| 2012 | 72.4% | +14.2% |
| 2013 | 75.3% | +4.0% |
| 2014 | 78.2% | +4.0% |
| 2015 | 73.6% | -5.9% |
| 2016 | 76.0% | +3.2% |
| 2017 | 67.5% | -11.2% |
| 2018 | 75.5% | +11.9% |
| 2019 | 58.8% | -22.2% |
| 2020 | 53.8% | -8.6% |
| 2021 | 51.7% | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66.1% | 60.8% | 71.3% | 2 |
| 2010s | 70.2% | 58.8% | 78.2% | 10 |
| 2020s | 52.7% | 51.7% | 53.8% | 2 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Net domestic credit (current LCU), per capita 370,513 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 63.92 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 1.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 915.16 million SDR (2025)
- Reserves excluding gold 919.24 million SDR (2025)
- Total reserves (gold at market value) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,743 SDR per person (2025)
Frequently asked questions
- What is bank cost to income ratio in Cape Verde?
- Bank cost to income ratio in Cape Verde was 51.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Cape Verde?
- The highest recorded value was 78.2% in 2014.
- What is the lowest bank cost to income ratio recorded in Cape Verde?
- The lowest recorded value was 51.7% in 2021.
- How does Cape Verde rank for bank cost to income ratio?
- Cape Verde ranks 108th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Cape Verde?
- Over the last ten years it is down 18.5%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.