Bank overhead costs to total assets (%) in Cape Verde
Cape Verde: Bank overhead costs to total assets (%) was 2.0% in 2021. ▼ Falling
Bank overhead costs to total assets in Cape Verde, 2009–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank overhead costs to total assets in Cape Verde is 2.0%, measured in 2021. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 6.6% on the previous year and down 40.3% over ten years.
Over the whole period, bank overhead costs to total assets in Cape Verde peaked at 4.2% in 2009 and was at its lowest, 2.0%, in 2021.
Cape Verde ranks 92nd of 168 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 overhead costs to total assets (%) in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 4.2% | — |
| 2010 | 3.2% | -23.5% |
| 2011 | 3.3% | +3.0% |
| 2012 | 3.3% | -1.2% |
| 2013 | 3.1% | -5.5% |
| 2014 | 2.6% | -15.9% |
| 2015 | 2.5% | -3.4% |
| 2016 | 2.5% | +0.2% |
| 2017 | 2.4% | -3.4% |
| 2018 | 2.7% | +13.2% |
| 2019 | 2.3% | -16.6% |
| 2020 | 2.1% | -7.9% |
| 2021 | 2.0% | -6.6% |
Cape Verde compared with similar countries
- Cape Verde's 2.0% is below the median for upper middle income countries, which is 2.4%, 81% of the median. (47 countries reporting)
- Cape Verde's 2.0% is below the median for Sub-Saharan Africa, which is 4.1%, 48% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 4.2% | 4.2% | 1 |
| 2010s | 2.8% | 2.3% | 3.3% | 10 |
| 2020s | 2.0% | 2.0% | 2.1% | 2 |
Countries ranked near Cape Verde
- 89 Bermuda 2.1% compare
- 90 Switzerland 2.0% compare
- 91 Kazakhstan 2.0% compare
- 93 Philippines 2.0% compare
- 94 Pakistan 1.9% compare
- 95 Burkina Faso 1.9% 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 overhead costs to total assets in Cape Verde?
- Bank overhead costs to total assets in Cape Verde was 2.0% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank overhead costs to total assets recorded in Cape Verde?
- The highest recorded value was 4.2% in 2009.
- What is the lowest bank overhead costs to total assets recorded in Cape Verde?
- The lowest recorded value was 2.0% in 2021.
- How does Cape Verde rank for bank overhead costs to total assets?
- Cape Verde ranks 92nd out of 168 countries with data for 2021.
- Is bank overhead costs to total assets rising or falling in Cape Verde?
- Over the last ten years it is down 40.3%. 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 overhead costs to total assets (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2090[t] / ((data2025[t] + data2025[t-1])/2). 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.