Bank Z-score in Cape Verde
Cape Verde: Bank Z-score was 27.09 in 2021. ▲ Rising
Bank Z-score in Cape Verde, 2008–2021
Source: Bankscope, Bureau van Dijk (BvD).
Analysis
In 2021, bank z-score in Cape Verde stood at 27.09. That is the highest value across all 14 years on record.
That represents a change of up 6.4% on the previous year and up 36.3% over ten years.
Over the whole period, bank z-score in Cape Verde peaked at 27.09 in 2021 and was at its lowest, 15.71, in 2008.
That places Cape Verde 24th out of 170 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Bank Z-score in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 15.71 | — |
| 2009 | 19.38 | +23.4% |
| 2010 | 19.5 | +0.6% |
| 2011 | 19.88 | +2.0% |
| 2012 | 20.34 | +2.3% |
| 2013 | 20.18 | -0.8% |
| 2014 | 19.8 | -1.9% |
| 2015 | 20.59 | +4.0% |
| 2016 | 20.14 | -2.2% |
| 2017 | 19.37 | -3.8% |
| 2018 | 18.53 | -4.3% |
| 2019 | 22.89 | +23.5% |
| 2020 | 25.47 | +11.3% |
| 2021 | 27.09 | +6.4% |
Cape Verde compared with similar countries
- Cape Verde's 27.09 is above the median for upper middle income countries, which is 15.47, 1.8× the median. (48 countries reporting)
- Cape Verde's 27.09 is above the median for Sub-Saharan Africa, which is 13.99, 1.9× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.55 | 15.71 | 19.38 | 2 |
| 2010s | 20.12 | 18.53 | 22.89 | 10 |
| 2020s | 26.28 | 25.47 | 27.09 | 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 z-score in Cape Verde?
- Bank z-score in Cape Verde was 27.09 in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank z-score recorded in Cape Verde?
- The highest recorded value was 27.09 in 2021.
- What is the lowest bank z-score recorded in Cape Verde?
- The lowest recorded value was 15.71 in 2008.
- How does Cape Verde rank for bank z-score?
- Cape Verde ranks 24th out of 170 countries with data for 2021.
- Is bank z-score rising or falling in Cape Verde?
- Over the last ten years it is up 36.3%. 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 Z-score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
It captures the probability of default of a country's banking system. Z-score compares the buffer of a country's banking system (capitalization and returns) with the volatility of those returns. It is estimated as (ROA+(equity/assets))/sd(ROA); sd(ROA) is the standard deviation of ROA. ROA, equity, and assets are country-level aggregate figures Calculated from underlying bank-by-bank unconsolidated data from Bankscope.