Insurance company assets to GDP in Cape Verde
Cape Verde: Insurance company assets to GDP was 4.9% in 2020. ▲ Rising
Insurance company assets to GDP in Cape Verde, 1995–2020
Source: Nonbanking financial database, World Bank. Measured in %.
Analysis
The most recent figure for insurance company assets to gdp in Cape Verde is 4.9%, measured in 2020. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 29.2% on the previous year and up 140.9% over ten years.
Over the whole period, insurance company assets to gdp in Cape Verde peaked at 4.9% in 2020 and was at its lowest, 1.3%, in 2002.
That places Cape Verde 84th out of 138 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Insurance company assets to GDP in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 1.4% | — |
| 1996 | 1.6% | +15.8% |
| 1997 | 1.4% | -15.2% |
| 1998 | 1.5% | +10.0% |
| 1999 | 1.4% | -6.4% |
| 2000 | 1.4% | +1.7% |
| 2001 | 1.3% | -7.7% |
| 2002 | 1.3% | -0.7% |
| 2003 | 1.5% | +12.1% |
| 2004 | 1.5% | +2.0% |
| 2005 | 1.5% | -1.0% |
| 2006 | 1.5% | +3.8% |
| 2007 | 1.7% | +10.7% |
| 2008 | 1.7% | +1.7% |
| 2009 | 1.7% | +1.7% |
| 2010 | 2.0% | +15.7% |
| 2011 | 2.2% | +8.4% |
| 2012 | 2.0% | -9.8% |
| 2013 | 2.0% | +1.8% |
| 2014 | 2.1% | +3.2% |
| 2015 | 2.0% | -4.2% |
| 2016 | 3.1% | +55.2% |
| 2017 | 3.7% | +18.8% |
| 2018 | 3.5% | -3.4% |
| 2019 | 3.8% | +6.4% |
| 2020 | 4.9% | +29.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.4% | 1.4% | 1.6% | 5 |
| 2000s | 1.5% | 1.3% | 1.7% | 10 |
| 2010s | 2.6% | 2.0% | 3.8% | 10 |
| 2020s | 4.9% | 4.9% | 4.9% | 1 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 53.37 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2994 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,735 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 53.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,743 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 53.08 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,743 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 53.08 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,743 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 44.9 % change on previous year (2025)
Frequently asked questions
- What is insurance company assets to gdp in Cape Verde?
- Insurance company assets to gdp in Cape Verde was 4.9% in 2020, according to Nonbanking financial database, World Bank.
- What is the highest insurance company assets to gdp recorded in Cape Verde?
- The highest recorded value was 4.9% in 2020.
- What is the lowest insurance company assets to gdp recorded in Cape Verde?
- The lowest recorded value was 1.3% in 2002.
- How does Cape Verde rank for insurance company assets to gdp?
- Cape Verde ranks 84th out of 138 countries with data for 2020.
- Is insurance company assets to gdp rising or falling in Cape Verde?
- Over the last ten years it is up 140.9%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Nonbanking financial database, World Bank, published as part of Insurance company assets to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Data taken from a variety of sources such as AXCO and national sources.