Claims on private sector (annual growth as % of M2) in Cape Verde
Cape Verde: Claims on private sector (annual growth as % of M2) was 24.9% in 2011. ◆ Volatile
Claims on private sector in Cape Verde, 1991–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in annual growth as % of M2.
Analysis
The most recent figure for claims on private sector in Cape Verde is 24.9%, measured in 2011.
The figure is up 63.6% on the previous year and up 158.1% over ten years.
Over the whole period, claims on private sector in Cape Verde peaked at 61.8% in 2007 and was at its lowest, -42.8%, in 2001.
That places Cape Verde 10th out of 50 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on private sector (annual growth as % of M2) in Cape Verde, year by year
| Year | annual growth as % of M2 | Change |
|---|---|---|
| 1991 | 15.4% | — |
| 1992 | 5.5% | -63.9% |
| 1993 | 3.1% | -43.4% |
| 1994 | 0.4% | -87.9% |
| 1995 | 12.3% | +3146.7% |
| 1996 | 3.4% | -72.2% |
| 1997 | 10.9% | +217.2% |
| 1998 | 5.4% | -50.3% |
| 1999 | 1.2% | -76.9% |
| 2000 | 8.3% | +564.1% |
| 2001 | -42.8% | -615.7% |
| 2002 | 0.5% | -101.1% |
| 2003 | 0.5% | +15.7% |
| 2004 | -0.2% | -133.2% |
| 2005 | 0.5% | -383.3% |
| 2006 | 0.6% | +31.8% |
| 2007 | 61.8% | +9470.0% |
| 2008 | 15.7% | -74.6% |
| 2009 | 8.2% | -48.1% |
| 2010 | 15.2% | +86.3% |
| 2011 | 24.9% | +63.6% |
Cape Verde compared with similar countries
- Cape Verde's 24.9% is above the median for Sub-Saharan Africa, which is 12.0%, 2.1× the median. (46 countries reporting)
- Cape Verde's 24.9% is above the median for upper middle income countries, which is 24.9%, 1.0× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Claims on private sector (annual growth as % of M2) 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 |
|---|---|---|---|
| 2007 | +9470.0% | 0.6% | 61.8% |
| 1995 | +3146.7% | 0.4% | 12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.4% | 0.4% | 15.4% | 9 |
| 2000s | 5.3% | -42.8% | 61.8% | 10 |
| 2010s | 20.0% | 15.2% | 24.9% | 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 claims on private sector in Cape Verde?
- Claims on private sector in Cape Verde was 24.9% in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest claims on private sector recorded in Cape Verde?
- The highest recorded value was 61.8% in 2007.
- What is the lowest claims on private sector recorded in Cape Verde?
- The lowest recorded value was -42.8% in 2001.
- How does Cape Verde rank for claims on private sector?
- Cape Verde ranks 10th out of 50 countries with data for 2011.
- Is claims on private sector rising or falling in Cape Verde?
- Over the last ten years it is up 158.1%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, International Financial Statistics and data files, published as part of Claims on private sector (annual growth as % of M2). Statizoid updates them automatically from the source API.
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About this data
Claims on private sector (IFS line 32d) include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.