Claims on other sectors of the domestic economy in Cape Verde
Cape Verde: Claims on other sectors of the domestic economy was 58.4% in 2024. ▲ Rising
Claims on other sectors of the domestic economy in Cape Verde, 2012–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Cape Verde recorded 58.4% for claims on other sectors of the domestic economy in 2024.
The figure is down 3.9% on the previous year and down 3.1% over ten years.
Over the whole period, claims on other sectors of the domestic economy in Cape Verde peaked at 74.3% in 2020 and was at its lowest, 56.2%, in 2019.
That places Cape Verde 27th out of 59 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Claims on other sectors of the domestic economy in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | 60.7% | — |
| 2013 | 60.7% | +0.1% |
| 2014 | 60.3% | -0.7% |
| 2015 | 60.5% | +0.3% |
| 2016 | 59.1% | -2.3% |
| 2017 | 59.5% | +0.8% |
| 2018 | 58.3% | -2.0% |
| 2019 | 56.2% | -3.6% |
| 2020 | 74.3% | +32.2% |
| 2021 | 72.9% | -1.9% |
| 2022 | 62.7% | -14.0% |
| 2023 | 60.8% | -3.0% |
| 2024 | 58.4% | -3.9% |
Cape Verde compared with similar countries
- Cape Verde's 58.4% is above the median for upper middle income countries, which is 51.2%, 1.1× the median. (29 countries reporting)
- Cape Verde's 58.4% is above the median for Sub-Saharan Africa, which is 33.3%, 1.8× the median. (9 countries reporting)
Biggest year-on-year movements
Years where Claims on other sectors of the domestic economy 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 |
|---|---|---|---|
| 2020 | +32.2% | 56.2% | 74.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 59.4% | 56.2% | 60.7% | 8 |
| 2020s | 65.8% | 58.4% | 74.3% | 5 |
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 claims on other sectors of the domestic economy in Cape Verde?
- Claims on other sectors of the domestic economy in Cape Verde was 58.4% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in Cape Verde?
- The highest recorded value was 74.3% in 2020.
- What is the lowest claims on other sectors of the domestic economy recorded in Cape Verde?
- The lowest recorded value was 56.2% in 2019.
- How does Cape Verde rank for claims on other sectors of the domestic economy?
- Cape Verde ranks 27th out of 59 countries with data for 2024.
- Is claims on other sectors of the domestic economy rising or falling in Cape Verde?
- Over the last ten years it is down 3.1%. 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 Claims on other sectors of the domestic economy (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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.