Bank return on assets (%, before tax) in Cape Verde
Cape Verde: Bank return on assets (%, before tax) was 1.5% in 2021. ▲ Rising
Bank return on assets in Cape Verde, 2009–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %, before tax.
Analysis
The most recent figure for bank return on assets in Cape Verde is 1.5%, measured in 2021. That is the highest value across all 13 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 45.6% over ten years.
Over the whole period, bank return on assets in Cape Verde peaked at 1.5% in 2021 and was at its lowest, 0.3%, in 2018.
That places Cape Verde 64th out of 168 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Bank return on assets (%, before tax) in Cape Verde, year by year
| Year | %, before tax | Change |
|---|---|---|
| 2009 | 1.2% | — |
| 2010 | 1.2% | -4.2% |
| 2011 | 1.0% | -14.1% |
| 2012 | 0.5% | -47.3% |
| 2013 | 0.6% | +19.7% |
| 2014 | 0.5% | -28.6% |
| 2015 | 0.5% | +19.3% |
| 2016 | 0.5% | +1.4% |
| 2017 | 0.4% | -25.5% |
| 2018 | 0.3% | -30.3% |
| 2019 | 1.3% | +366.1% |
| 2020 | 1.4% | +7.7% |
| 2021 | 1.5% | +2.4% |
Cape Verde compared with similar countries
- Cape Verde's 1.5% is above the median for upper middle income countries, which is 1.4%, 1.1× the median. (47 countries reporting)
- Cape Verde's 1.5% is below the median for Sub-Saharan Africa, which is 2.0%, 72% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Bank return on assets (%, before tax) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +366.1% | 0.3% | 1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.2% | 1.2% | 1 |
| 2010s | 0.7% | 0.3% | 1.3% | 10 |
| 2020s | 1.4% | 1.4% | 1.5% | 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 return on assets in Cape Verde?
- Bank return on assets in Cape Verde was 1.5% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank return on assets recorded in Cape Verde?
- The highest recorded value was 1.5% in 2021.
- What is the lowest bank return on assets recorded in Cape Verde?
- The lowest recorded value was 0.3% in 2018.
- How does Cape Verde rank for bank return on assets?
- Cape Verde ranks 64th out of 168 countries with data for 2021.
- Is bank return on assets rising or falling in Cape Verde?
- Over the last ten years it is up 45.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank return on assets (%, before tax). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data10270[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.