External loans and deposits of reporting banks vis-à-vis the banking in Cape Verde
Cape Verde: External loans and deposits of reporting banks vis-à-vis the banking was 8.2% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Cape Verde, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
The most recent figure for external loans and deposits of reporting banks vis-à-vis the banking in Cape Verde is 8.2%, measured in 2021.
Compared with earlier readings it is down 66.1% on the previous year and down 91.7% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Cape Verde peaked at 142.9% in 2007 and was at its lowest, 6.0%, in 1996.
Cape Verde ranks 106th of 180 countries on this measure, 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 the banking in Cape Verde, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 8.3% | — |
| 1996 | 6.0% | -27.9% |
| 1997 | 11.1% | +85.6% |
| 1998 | 8.2% | -26.3% |
| 1999 | 32.8% | +300.8% |
| 2000 | 21.5% | -34.4% |
| 2001 | 48.5% | +125.6% |
| 2002 | 62.7% | +29.3% |
| 2003 | 68.2% | +8.7% |
| 2004 | 59.4% | -12.8% |
| 2005 | 105.6% | +77.6% |
| 2006 | 105.2% | -0.4% |
| 2007 | 142.9% | +35.8% |
| 2008 | 91.3% | -36.1% |
| 2009 | 102.9% | +12.7% |
| 2010 | 125.2% | +21.7% |
| 2011 | 99.2% | -20.8% |
| 2012 | 91.7% | -7.6% |
| 2013 | 102.1% | +11.4% |
| 2014 | 78.7% | -22.9% |
| 2015 | 97.7% | +24.1% |
| 2016 | 36.9% | -62.3% |
| 2017 | 42.7% | +15.8% |
| 2018 | 32.4% | -24.2% |
| 2019 | 30.0% | -7.4% |
| 2020 | 24.2% | -19.2% |
| 2021 | 8.2% | -66.1% |
Cape Verde compared with similar countries
- Cape Verde's 8.2% is below the median for upper middle income countries, which is 10.4%, 79% of the median. (53 countries reporting)
- Cape Verde's 8.2% is below the median for Sub-Saharan Africa, which is 9.6%, 85% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where External loans and deposits of reporting banks vis-à-vis the banking 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 |
|---|---|---|---|
| 1999 | +300.8% | 8.2% | 32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.3% | 6.0% | 32.8% | 5 |
| 2000s | 80.8% | 21.5% | 142.9% | 10 |
| 2010s | 73.7% | 30.0% | 125.2% | 10 |
| 2020s | 16.2% | 8.2% | 24.2% | 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 the banking in Cape Verde?
- External loans and deposits of reporting banks vis-à-vis the banking in Cape Verde was 8.2% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Cape Verde?
- The highest recorded value was 142.9% in 2007.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Cape Verde?
- The lowest recorded value was 6.0% in 1996.
- How does Cape Verde rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Cape Verde ranks 106th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Cape Verde?
- Over the last ten years it is down 91.7%. 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 the banking sector (% 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 minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.