Bank net interest margin (%) in Cape Verde
Cape Verde: Bank net interest margin (%) was 4.3% in 2021. ▼ Falling
Bank net interest margin in Cape Verde, 2009–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Cape Verde recorded 4.3% for bank net interest margin in 2021.
Compared with earlier readings it is down 8.7% on the previous year and down 10.2% over ten years.
Over the whole period, bank net interest margin in Cape Verde peaked at 5.4% in 2009 and was at its lowest, 2.8%, in 2014.
Cape Verde ranks 49th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Bank net interest margin (%) in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 5.4% | — |
| 2010 | 4.9% | -10.0% |
| 2011 | 4.8% | -1.0% |
| 2012 | 3.9% | -18.6% |
| 2013 | 3.6% | -9.2% |
| 2014 | 2.8% | -20.7% |
| 2015 | 3.6% | +25.2% |
| 2016 | 3.1% | -13.5% |
| 2017 | 3.9% | +28.6% |
| 2018 | 3.8% | -4.3% |
| 2019 | 4.2% | +10.1% |
| 2020 | 4.8% | +14.4% |
| 2021 | 4.3% | -8.7% |
Cape Verde compared with similar countries
- Cape Verde's 4.3% is above the median for upper middle income countries, which is 3.6%, 1.2× the median. (47 countries reporting)
- Cape Verde's 4.3% is below the median for Sub-Saharan Africa, which is 4.4%, 98% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 5.4% | 5.4% | 1 |
| 2010s | 3.9% | 2.8% | 4.9% | 10 |
| 2020s | 4.6% | 4.3% | 4.8% | 2 |
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 net interest margin in Cape Verde?
- Bank net interest margin in Cape Verde was 4.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Cape Verde?
- The highest recorded value was 5.4% in 2009.
- What is the lowest bank net interest margin recorded in Cape Verde?
- The lowest recorded value was 2.8% in 2014.
- How does Cape Verde rank for bank net interest margin?
- Cape Verde ranks 49th out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Cape Verde?
- Over the last ten years it is down 10.2%. 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 net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.