Central bank assets to GDP (%) in Cape Verde
Cape Verde: Central bank assets to GDP (%) was 2.7% in 2021. ◆ Volatile
Central bank assets to GDP in Cape Verde, 1980–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Cape Verde recorded 2.7% for central bank assets to gdp in 2021. That is the lowest value across all 42 years on record.
Compared with earlier readings it is down 51.1% on the previous year and down 59.1% over ten years.
Over the whole period, central bank assets to gdp in Cape Verde peaked at 51.9% in 1992 and was at its lowest, 2.7%, in 2021.
That places Cape Verde 120th out of 183 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Central bank assets to GDP (%) in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 21.9% | — |
| 1981 | 30.3% | +38.1% |
| 1982 | 29.6% | -2.3% |
| 1983 | 29.8% | +0.5% |
| 1984 | 31.6% | +6.3% |
| 1985 | 36.2% | +14.3% |
| 1986 | 35.1% | -2.9% |
| 1987 | 35.6% | +1.4% |
| 1988 | 34.9% | -2.0% |
| 1989 | 37.5% | +7.5% |
| 1990 | 41.4% | +10.3% |
| 1991 | 46.9% | +13.5% |
| 1992 | 51.9% | +10.6% |
| 1993 | 23.4% | -54.9% |
| 1994 | 17.0% | -27.5% |
| 1995 | 16.3% | -3.9% |
| 1996 | 15.5% | -5.3% |
| 1997 | 15.7% | +1.7% |
| 1998 | 13.2% | -15.7% |
| 1999 | 11.6% | -12.3% |
| 2000 | 16.2% | +39.1% |
| 2001 | 17.0% | +5.5% |
| 2002 | 16.9% | -1.1% |
| 2003 | 16.0% | -5.1% |
| 2004 | 14.5% | -9.1% |
| 2005 | 13.7% | -5.8% |
| 2006 | 11.0% | -19.8% |
| 2007 | 8.7% | -21.1% |
| 2008 | 7.9% | -9.2% |
| 2009 | 7.6% | -3.2% |
| 2010 | 7.4% | -2.6% |
| 2011 | 6.5% | -11.8% |
| 2012 | 6.3% | -3.0% |
| 2013 | 6.2% | -2.9% |
| 2014 | 6.0% | -2.1% |
| 2015 | 5.7% | -6.2% |
| 2016 | 5.2% | -7.4% |
| 2017 | 5.7% | +8.7% |
| 2018 | 5.3% | -7.5% |
| 2019 | 4.9% | -7.6% |
| 2020 | 5.5% | +12.5% |
| 2021 | 2.7% | -51.1% |
Cape Verde compared with similar countries
- Cape Verde's 2.7% is below the median for upper middle income countries, which is 2.7%, 98% of the median. (54 countries reporting)
- Cape Verde's 2.7% is below the median for Sub-Saharan Africa, which is 5.7%, 47% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.3% | 21.9% | 37.5% | 10 |
| 1990s | 25.3% | 11.6% | 51.9% | 10 |
| 2000s | 12.9% | 7.6% | 17.0% | 10 |
| 2010s | 5.9% | 4.9% | 7.4% | 10 |
| 2020s | 4.1% | 2.7% | 5.5% | 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 central bank assets to gdp in Cape Verde?
- Central bank assets to gdp in Cape Verde was 2.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest central bank assets to gdp recorded in Cape Verde?
- The highest recorded value was 51.9% in 1992.
- What is the lowest central bank assets to gdp recorded in Cape Verde?
- The lowest recorded value was 2.7% in 2021.
- How does Cape Verde rank for central bank assets to gdp?
- Cape Verde ranks 120th out of 183 countries with data for 2021.
- Is central bank assets to gdp rising or falling in Cape Verde?
- Over the last ten years it is down 59.1%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Central bank assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Claims on domestic real nonfinancial sector by the Central Bank as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is Central Bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Central Bank claims (IFS lines 12, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).