Deposit Rate, Percent per annum in Cape Verde
Cape Verde: Deposit Rate, Percent per annum was 1.53 in 2025. ▼ Falling
Deposit Rate, Percent per annum in Cape Verde, 2006–2025
Source: International Monetary Fund.
Analysis
Cape Verde recorded 1.53 for deposit rate, percent per annum in 2025.
That represents a change of down 8.4% on the previous year and down 46.5% over ten years.
Over the whole period, deposit rate, percent per annum in Cape Verde peaked at 4.17 in 2013 and was at its lowest, 0.6692, in 2021.
That places Cape Verde 113th out of 143 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 Rate, Percent per annum in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 3.34 | — |
| 2007 | 3.29 | -1.5% |
| 2008 | 3.81 | +15.9% |
| 2009 | 2.88 | -24.3% |
| 2010 | 3.11 | +8.0% |
| 2011 | 3.35 | +7.6% |
| 2012 | 3.79 | +13.0% |
| 2013 | 4.17 | +10.2% |
| 2014 | 3.48 | -16.6% |
| 2015 | 2.87 | -17.6% |
| 2016 | 2.63 | -8.2% |
| 2017 | 2.53 | -3.9% |
| 2018 | 1.86 | -26.7% |
| 2019 | 1.46 | -21.1% |
| 2020 | 0.8838 | -39.7% |
| 2021 | 0.6692 | -24.3% |
| 2022 | 0.9701 | +45.0% |
| 2023 | 0.7601 | -21.6% |
| 2024 | 1.67 | +120.3% |
| 2025 | 1.53 | -8.4% |
Cape Verde compared with similar countries
- Cape Verde's 1.53 is below the median for upper middle income countries, which is 4.31, 36% of the median. (48 countries reporting)
- Cape Verde's 1.53 is below the median for Sub-Saharan Africa, which is 5.67, 27% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.33 | 2.88 | 3.81 | 4 |
| 2010s | 2.93 | 1.46 | 4.17 | 10 |
| 2020s | 1.08 | 0.6692 | 1.67 | 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 rate, percent per annum in Cape Verde?
- Deposit rate, percent per annum in Cape Verde was 1.53 in 2025, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Cape Verde?
- The highest recorded value was 4.17 in 2013.
- What is the lowest deposit rate, percent per annum recorded in Cape Verde?
- The lowest recorded value was 0.6692 in 2021.
- How does Cape Verde rank for deposit rate, percent per annum?
- Cape Verde ranks 113th out of 143 countries with data for 2025.
- Is deposit rate, percent per annum 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 Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.