Financial Institutions Access Index in Cape Verde
Cape Verde: Financial Institutions Access Index was 0.5705 in 2020. β Volatile
Financial Institutions Access Index in Cape Verde, 1980β2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial institutions access index in Cape Verde is 0.5705, measured in 2020.
Compared with earlier readings it is down 3.6% on the previous year and up 5.8% over ten years.
Over the whole period, financial institutions access index in Cape Verde peaked at 0.5919 in 2019 and was at its lowest, 0.0985, in 1986.
That places Cape Verde 37th out of 183 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1552 | 0.0985 | 0.203 | 10 |
| 1990s | 0.2474 | 0.2192 | 0.2815 | 10 |
| 2000s | 0.3035 | 0.2218 | 0.4856 | 10 |
| 2010s | 0.5752 | 0.5393 | 0.5919 | 10 |
| 2020s | 0.5705 | 0.5705 | 0.5705 | 1 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Net domestic credit (current LCU), per capita 370,513 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 63.92 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 1.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 915.16 million SDR (2025)
- Reserves excluding gold 919.24 million SDR (2025)
- Total reserves (gold at market value) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) 919.24 million SDR (2025)
- Domestic credit to private sector by banks 53.4% (2025)
Frequently asked questions
- What is financial institutions access index in Cape Verde?
- Financial institutions access index in Cape Verde was 0.5705 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Cape Verde?
- The highest recorded value was 0.5919 in 2019.
- What is the lowest financial institutions access index recorded in Cape Verde?
- The lowest recorded value was 0.0985 in 1986.
- How does Cape Verde rank for financial institutions access index?
- Cape Verde ranks 37th out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Cape Verde?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.