Broad money in Cape Verde
Cape Verde: Broad money was 94.2% in 2025. ▲ Rising
Broad money in Cape Verde, 1980–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Cape Verde is 94.2%, measured in 2025.
The figure is up 1.0% on the previous year and up 4.4% over ten years.
Over the whole period, broad money in Cape Verde peaked at 117.2% in 2020 and was at its lowest, 31.4%, in 1988.
Cape Verde ranks 30th of 166 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Broad money in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 41.9% | — |
| 1981 | 39.6% | -5.7% |
| 1982 | 41.1% | +4.0% |
| 1983 | 40.1% | -2.6% |
| 1984 | 37.6% | -6.2% |
| 1985 | 38.3% | +1.7% |
| 1986 | 36.3% | -5.0% |
| 1987 | 33.1% | -9.0% |
| 1988 | 31.4% | -4.9% |
| 1989 | 31.5% | +0.0% |
| 1990 | 33.9% | +7.9% |
| 1991 | 34.9% | +2.9% |
| 1992 | 42.6% | +22.1% |
| 1993 | 49.8% | +16.8% |
| 1994 | 66.2% | +33.0% |
| 1995 | 67.1% | +1.4% |
| 1996 | 67.8% | +0.9% |
| 1997 | 67.6% | -0.3% |
| 1998 | 61.5% | -9.1% |
| 1999 | 60.0% | -2.4% |
| 2000 | 64.4% | +7.4% |
| 2001 | 65.7% | +2.1% |
| 2002 | 71.6% | +8.9% |
| 2003 | 71.1% | -0.6% |
| 2004 | 76.2% | +7.1% |
| 2005 | 84.0% | +10.3% |
| 2006 | 87.7% | +4.5% |
| 2007 | 71.1% | -18.9% |
| 2008 | 68.9% | -3.1% |
| 2009 | 71.0% | +3.0% |
| 2010 | 73.0% | +2.8% |
| 2011 | 71.5% | -2.1% |
| 2012 | 74.7% | +4.5% |
| 2013 | 81.6% | +9.2% |
| 2014 | 87.1% | +6.8% |
| 2015 | 90.2% | +3.6% |
| 2016 | 92.2% | +2.2% |
| 2017 | 92.7% | +0.6% |
| 2018 | 89.1% | -3.9% |
| 2019 | 89.8% | +0.7% |
| 2020 | 117.2% | +30.6% |
| 2021 | 111.3% | -5.0% |
| 2022 | 95.6% | -14.1% |
| 2023 | 93.9% | -1.8% |
| 2024 | 93.3% | -0.7% |
| 2025 | 94.2% | +1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37.1% | 31.4% | 41.9% | 10 |
| 1990s | 55.1% | 33.9% | 67.8% | 10 |
| 2000s | 73.2% | 64.4% | 87.7% | 10 |
| 2010s | 84.2% | 71.5% | 92.7% | 10 |
| 2020s | 100.9% | 93.3% | 117.2% | 6 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Total reserves in months of imports, annual growth rate 44.9 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 53.37 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2994 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,735 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 53.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,743 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 53.08 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,743 SDR per person (2025)
Frequently asked questions
- What is broad money in Cape Verde?
- Broad money in Cape Verde was 94.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Cape Verde?
- The highest recorded value was 117.2% in 2020.
- What is the lowest broad money recorded in Cape Verde?
- The lowest recorded value was 31.4% in 1988.
- How does Cape Verde rank for broad money?
- Cape Verde ranks 30th out of 166 countries with data for 2025.
- Is broad money rising or falling in Cape Verde?
- Over the last ten years it is up 4.4%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.