Foreign Assets, Net Foreign Assets (Depository Corporations Survey) in Cape Verde
Cape Verde: Foreign Assets, Net Foreign Assets (Depository Corporations Survey) was 28.99 billion in 2008. ◆ Volatile
Foreign Assets, Net Foreign Assets in Cape Verde, 1976–2008
Source: International Monetary Fund.
Analysis
The most recent figure for foreign assets, net foreign assets in Cape Verde is 28.99 billion, measured in 2008.
The figure is down 6.5% on the previous year and up 438.3% over ten years.
Over the whole period, foreign assets, net foreign assets in Cape Verde peaked at 31.00 billion in 2007 and was at its lowest, 1.02 billion, in 1976.
That places Cape Verde 110th out of 178 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign Assets, Net Foreign Assets (Depository Corporations Survey) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 1.02 billion | — |
| 1977 | 1.42 billion | +39.8% |
| 1978 | 1.33 billion | -6.2% |
| 1979 | 1.55 billion | +16.6% |
| 1980 | 1.78 billion | +14.8% |
| 1981 | 1.82 billion | +1.8% |
| 1982 | 2.48 billion | +36.8% |
| 1983 | 3.09 billion | +24.3% |
| 1984 | 3.55 billion | +14.9% |
| 1985 | 4.04 billion | +14.0% |
| 1986 | 4.24 billion | +5.0% |
| 1987 | 5.20 billion | +22.4% |
| 1988 | 5.87 billion | +13.0% |
| 1989 | 5.37 billion | -8.5% |
| 1990 | 5.01 billion | -6.7% |
| 1991 | 4.16 billion | -17.0% |
| 1992 | 5.33 billion | +27.9% |
| 1993 | 5.96 billion | +12.0% |
| 1994 | 5.72 billion | -4.0% |
| 1995 | 5.00 billion | -12.6% |
| 1996 | 7.09 billion | +41.6% |
| 1997 | 5.41 billion | -23.7% |
| 1998 | 5.39 billion | -0.4% |
| 1999 | 9.51 billion | +76.6% |
| 2000 | 6.94 billion | -27.0% |
| 2001 | 9.91 billion | +42.8% |
| 2002 | 11.07 billion | +11.7% |
| 2003 | 10.23 billion | -7.6% |
| 2004 | 13.72 billion | +34.0% |
| 2005 | 21.86 billion | +59.4% |
| 2006 | 25.19 billion | +15.2% |
| 2007 | 31.00 billion | +23.1% |
| 2008 | 28.99 billion | -6.5% |
Cape Verde compared with similar countries
- Cape Verde's 28.99 billion is below the median for upper middle income countries, which is 139.49 billion, 21% of the median. (50 countries reporting)
- Cape Verde's 28.99 billion is below the median for Sub-Saharan Africa, which is 354.99 billion, 8% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.33 billion | 1.02 billion | 1.55 billion | 4 |
| 1980s | 3.74 billion | 1.78 billion | 5.87 billion | 10 |
| 1990s | 5.86 billion | 4.16 billion | 9.51 billion | 10 |
| 2000s | 17.66 billion | 6.94 billion | 31.00 billion | 9 |
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 foreign assets, net foreign assets in Cape Verde?
- Foreign assets, net foreign assets in Cape Verde was 28.99 billion in 2008, according to International Monetary Fund.
- What is the highest foreign assets, net foreign assets recorded in Cape Verde?
- The highest recorded value was 31.00 billion in 2007.
- What is the lowest foreign assets, net foreign assets recorded in Cape Verde?
- The lowest recorded value was 1.02 billion in 1976.
- How does Cape Verde rank for foreign assets, net foreign assets?
- Cape Verde ranks 110th out of 178 countries with data for 2008.
- Is foreign assets, net foreign assets rising or falling in Cape Verde?
- Over the last ten years it is up 438.3%. 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 Foreign Assets, Net Foreign Assets (Depository Corporations Survey, Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Non-standard dataset provides discontinued, vintage country-reported financial data that are not harmonized and use country-specific terms.