Financial Institutions Index in Cape Verde
Cape Verde: Financial Institutions Index was 0.5035 in 2020. β² Rising
Financial Institutions Index in Cape Verde, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Cape Verde stood at 0.5035. That is the highest value across all 41 years on record.
The figure is up 0.9% on the previous year and up 8.1% over ten years.
Over the whole period, financial institutions index in Cape Verde peaked at 0.5035 in 2020 and was at its lowest, 0.1468, in 1986.
That places Cape Verde 61st out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2398 | 0.1468 | 0.2938 | 10 |
| 1990s | 0.318 | 0.2709 | 0.3666 | 10 |
| 2000s | 0.3336 | 0.2772 | 0.4302 | 10 |
| 2010s | 0.4785 | 0.4659 | 0.4988 | 10 |
| 2020s | 0.5035 | 0.5035 | 0.5035 | 1 |
Countries ranked near Cape Verde
- 58 Czechia 0.5074 compare
- 59 Mongolia 0.5052 compare
- 60 Bosnia and Herzegovina 0.5035 compare
- 62 Poland 0.5017 compare
- 63 Uzbekistan 0.4908 compare
- 64 North Macedonia 0.4893 compare
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 index in Cape Verde?
- Financial institutions index in Cape Verde was 0.5035 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Cape Verde?
- The highest recorded value was 0.5035 in 2020.
- What is the lowest financial institutions index recorded in Cape Verde?
- The lowest recorded value was 0.1468 in 1986.
- How does Cape Verde rank for financial institutions index?
- Cape Verde ranks 61st out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Cape Verde?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.