External loans and deposits of reporting banks vis-à-vis all sectors in Cape Verde
Cape Verde: External loans and deposits of reporting banks vis-à-vis all sectors was 11.8% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis all sectors in Cape Verde, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Cape Verde recorded 11.8% for external loans and deposits of reporting banks vis-à-vis all sectors in 2021.
Compared with earlier readings it is down 58.8% on the previous year and down 88.8% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis all sectors in Cape Verde peaked at 153.0% in 2007 and was at its lowest, 9.8%, in 1995.
That places Cape Verde 130th out of 181 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis all sectors in Cape Verde, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 9.8% | — |
| 1996 | 10.9% | +11.2% |
| 1997 | 15.7% | +44.5% |
| 1998 | 13.4% | -15.1% |
| 1999 | 35.8% | +167.7% |
| 2000 | 27.3% | -23.8% |
| 2001 | 65.3% | +139.3% |
| 2002 | 69.9% | +7.0% |
| 2003 | 74.2% | +6.2% |
| 2004 | 65.6% | -11.6% |
| 2005 | 114.1% | +73.8% |
| 2006 | 114.6% | +0.5% |
| 2007 | 153.0% | +33.5% |
| 2008 | 98.5% | -35.6% |
| 2009 | 110.2% | +11.9% |
| 2010 | 130.2% | +18.1% |
| 2011 | 105.6% | -18.9% |
| 2012 | 97.7% | -7.5% |
| 2013 | 108.1% | +10.7% |
| 2014 | 85.2% | -21.2% |
| 2015 | 106.0% | +24.4% |
| 2016 | 42.9% | -59.5% |
| 2017 | 49.7% | +15.8% |
| 2018 | 37.3% | -25.1% |
| 2019 | 34.7% | -6.9% |
| 2020 | 28.7% | -17.4% |
| 2021 | 11.8% | -58.8% |
Cape Verde compared with similar countries
- Cape Verde's 11.8% is below the median for upper middle income countries, which is 19.1%, 62% of the median. (54 countries reporting)
- Cape Verde's 11.8% is below the median for Sub-Saharan Africa, which is 27.1%, 44% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.1% | 9.8% | 35.8% | 5 |
| 2000s | 89.3% | 27.3% | 153.0% | 10 |
| 2010s | 79.8% | 34.7% | 130.2% | 10 |
| 2020s | 20.2% | 11.8% | 28.7% | 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 external loans and deposits of reporting banks vis-à-vis all sectors in Cape Verde?
- External loans and deposits of reporting banks vis-à-vis all sectors in Cape Verde was 11.8% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Cape Verde?
- The highest recorded value was 153.0% in 2007.
- What is the lowest external loans and deposits of reporting banks vis-à-vis all sectors recorded in Cape Verde?
- The lowest recorded value was 9.8% in 1995.
- How does Cape Verde rank for external loans and deposits of reporting banks vis-à-vis all sectors?
- Cape Verde ranks 130th out of 181 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis all sectors rising or falling in Cape Verde?
- Over the last ten years it is down 88.8%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis all sectors (% of domestic bank deposits). Statizoid updates them automatically from the source API.
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About this data
Data is from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.