Bank credit to bank deposits in Cape Verde
Cape Verde: Bank credit to bank deposits was 64.4% in 2021. ▼ Falling
Bank credit to bank deposits in Cape Verde, 1980–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Cape Verde stood at 64.4%.
The figure is up 3.3% on the previous year and down 28.1% over ten years.
Over the whole period, bank credit to bank deposits in Cape Verde peaked at 200.0% in 1990 and was at its lowest, 34.2%, in 1993.
That places Cape Verde 125th out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 42 years of available data.
Bank credit to bank deposits in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 152.7% | — |
| 1981 | 144.4% | -5.4% |
| 1982 | 137.6% | -4.7% |
| 1983 | 112.8% | -18.0% |
| 1984 | 100.9% | -10.6% |
| 1985 | 106.7% | +5.7% |
| 1986 | 99.1% | -7.1% |
| 1987 | 122.7% | +23.8% |
| 1988 | 148.9% | +21.4% |
| 1989 | 166.1% | +11.6% |
| 1990 | 200.0% | +20.4% |
| 1991 | 178.4% | -10.8% |
| 1992 | 180.6% | +1.2% |
| 1993 | 34.2% | -81.1% |
| 1994 | 36.1% | +5.7% |
| 1995 | 45.6% | +26.3% |
| 1996 | 43.0% | -5.5% |
| 1997 | 52.0% | +20.9% |
| 1998 | 57.9% | +11.3% |
| 1999 | 78.6% | +35.7% |
| 2000 | 70.4% | -10.5% |
| 2001 | 68.6% | -2.5% |
| 2002 | 65.4% | -4.6% |
| 2003 | 66.9% | +2.2% |
| 2004 | 64.9% | -2.9% |
| 2005 | 60.2% | -7.2% |
| 2006 | 63.1% | +4.7% |
| 2007 | 63.1% | -0.0% |
| 2008 | 74.5% | +18.1% |
| 2009 | 80.1% | +7.5% |
| 2010 | 82.3% | +2.7% |
| 2011 | 89.7% | +9.0% |
| 2012 | 83.1% | -7.3% |
| 2013 | 75.6% | -9.0% |
| 2014 | 69.8% | -7.7% |
| 2015 | 65.8% | -5.7% |
| 2016 | 62.7% | -4.8% |
| 2017 | 62.5% | -0.3% |
| 2018 | 63.0% | +0.8% |
| 2019 | 60.1% | -4.6% |
| 2020 | 62.4% | +3.9% |
| 2021 | 64.4% | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 129.2% | 99.1% | 166.1% | 10 |
| 1990s | 90.6% | 34.2% | 200.0% | 10 |
| 2000s | 67.7% | 60.2% | 80.1% | 10 |
| 2010s | 71.4% | 60.1% | 89.7% | 10 |
| 2020s | 63.4% | 62.4% | 64.4% | 2 |
Countries ranked near Cape Verde
- 122 Sao Tome and Principe 64.6% compare
- 123 Ukraine 64.5% compare
- 124 Hong Kong, China 64.5% compare
- 126 Grenada 64.4% compare
- 127 Republic of Moldova 64.3% compare
- 128 Philippines 64.2% 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 bank credit to bank deposits in Cape Verde?
- Bank credit to bank deposits in Cape Verde was 64.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Cape Verde?
- The highest recorded value was 200.0% in 1990.
- What is the lowest bank credit to bank deposits recorded in Cape Verde?
- The lowest recorded value was 34.2% in 1993.
- How does Cape Verde rank for bank credit to bank deposits?
- Cape Verde ranks 125th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Cape Verde?
- Over the last ten years it is down 28.1%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).