Domestic credit to private sector in Cape Verde
Cape Verde: Domestic credit to private sector was 54.0% in 2025. ▲ Rising
Domestic credit to private sector in Cape Verde, 1980–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector in Cape Verde stood at 54.0%.
That represents a change of down 1.0% on the previous year and down 4.2% over ten years.
Over the whole period, domestic credit to private sector in Cape Verde peaked at 68.5% in 2020 and was at its lowest, 12.0%, in 1980.
That places Cape Verde 70th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Domestic credit to private sector in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 12.0% | — |
| 1981 | 13.8% | +15.3% |
| 1982 | 12.6% | -8.7% |
| 1983 | 15.0% | +19.0% |
| 1984 | 14.9% | -0.6% |
| 1985 | 18.9% | +26.8% |
| 1986 | 18.5% | -2.3% |
| 1987 | 20.9% | +13.1% |
| 1988 | 14.6% | -30.3% |
| 1989 | 17.2% | +18.5% |
| 1990 | 20.7% | +20.3% |
| 1991 | 21.7% | +4.8% |
| 1992 | 24.1% | +10.9% |
| 1993 | 19.0% | -21.1% |
| 1994 | 22.7% | +19.5% |
| 1995 | 27.6% | +21.4% |
| 1996 | 26.9% | -2.4% |
| 1997 | 32.2% | +19.7% |
| 1998 | 32.2% | -0.2% |
| 1999 | 41.3% | +28.5% |
| 2000 | 40.1% | -2.9% |
| 2001 | 31.1% | -22.6% |
| 2002 | 34.0% | +9.3% |
| 2003 | 35.6% | +5.0% |
| 2004 | 37.8% | +6.2% |
| 2005 | 39.1% | +3.3% |
| 2006 | 44.9% | +14.7% |
| 2007 | 41.8% | -6.9% |
| 2008 | 47.7% | +14.2% |
| 2009 | 53.1% | +11.3% |
| 2010 | 56.5% | +6.3% |
| 2011 | 59.9% | +6.1% |
| 2012 | 58.6% | -2.3% |
| 2013 | 58.5% | -0.0% |
| 2014 | 57.7% | -1.5% |
| 2015 | 56.4% | -2.2% |
| 2016 | 55.1% | -2.3% |
| 2017 | 55.4% | +0.6% |
| 2018 | 53.7% | -3.2% |
| 2019 | 51.6% | -3.8% |
| 2020 | 68.5% | +32.6% |
| 2021 | 67.6% | -1.3% |
| 2022 | 57.9% | -14.3% |
| 2023 | 56.3% | -2.7% |
| 2024 | 54.6% | -3.0% |
| 2025 | 54.0% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.8% | 12.0% | 20.9% | 10 |
| 1990s | 26.9% | 19.0% | 41.3% | 10 |
| 2000s | 40.5% | 31.1% | 53.1% | 10 |
| 2010s | 56.3% | 51.6% | 59.9% | 10 |
| 2020s | 59.8% | 54.0% | 68.5% | 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 domestic credit to private sector in Cape Verde?
- Domestic credit to private sector in Cape Verde was 54.0% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Cape Verde?
- The highest recorded value was 68.5% in 2020.
- What is the lowest domestic credit to private sector recorded in Cape Verde?
- The lowest recorded value was 12.0% in 1980.
- How does Cape Verde rank for domestic credit to private sector?
- Cape Verde ranks 70th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in Cape Verde?
- Over the last ten years it is down 4.2%. 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 Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.