Deposit interest rate (%) in Cape Verde
Cape Verde: Deposit interest rate (%) was 1.5% in 2025. ▼ Falling
Deposit interest rate in Cape Verde, 2006–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Cape Verde recorded 1.5% for deposit interest rate in 2025.
Compared with earlier readings it is down 8.4% on the previous year and down 46.5% over ten years.
Over the whole period, deposit interest rate in Cape Verde peaked at 4.2% in 2013 and was at its lowest, 0.7%, in 2021.
That places Cape Verde 119th out of 153 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Deposit interest rate (%) in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 3.3% | — |
| 2007 | 3.3% | -1.5% |
| 2008 | 3.8% | +15.9% |
| 2009 | 2.9% | -24.3% |
| 2010 | 3.1% | +8.0% |
| 2011 | 3.4% | +7.6% |
| 2012 | 3.8% | +13.0% |
| 2013 | 4.2% | +10.2% |
| 2014 | 3.5% | -16.6% |
| 2015 | 2.9% | -17.6% |
| 2016 | 2.6% | -8.2% |
| 2017 | 2.5% | -3.9% |
| 2018 | 1.9% | -26.7% |
| 2019 | 1.5% | -21.1% |
| 2020 | 0.9% | -39.7% |
| 2021 | 0.7% | -24.3% |
| 2022 | 1.0% | +45.0% |
| 2023 | 0.8% | -21.6% |
| 2024 | 1.7% | +120.3% |
| 2025 | 1.5% | -8.4% |
Cape Verde compared with similar countries
- Cape Verde's 1.5% is below the median for upper middle income countries, which is 4.1%, 38% of the median. (53 countries reporting)
- Cape Verde's 1.5% is below the median for Sub-Saharan Africa, which is 5.7%, 27% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | 2.9% | 3.8% | 4 |
| 2010s | 2.9% | 1.5% | 4.2% | 10 |
| 2020s | 1.1% | 0.7% | 1.7% | 6 |
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 deposit interest rate in Cape Verde?
- Deposit interest rate in Cape Verde was 1.5% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Cape Verde?
- The highest recorded value was 4.2% in 2013.
- What is the lowest deposit interest rate recorded in Cape Verde?
- The lowest recorded value was 0.7% in 2021.
- How does Cape Verde rank for deposit interest rate?
- Cape Verde ranks 119th out of 153 countries with data for 2025.
- Is deposit interest rate rising or falling in Cape Verde?
- Over the last ten years it is down 46.5%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.