Interest rate spread in Cape Verde
Cape Verde: Interest rate spread was 6.2% in 2025. ▼ Falling
Interest rate spread in Cape Verde, 2006–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Cape Verde is 6.2%, measured in 2025.
That represents a change of up 1.6% on the previous year and down 17.6% over ten years.
Over the whole period, interest rate spread in Cape Verde peaked at 8.1% in 2009 and was at its lowest, 6.1%, in 2012.
Cape Verde ranks 50th of 140 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Interest rate spread in Cape Verde, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 2006 | 7.5% | — |
| 2007 | 7.3% | -2.7% |
| 2008 | 6.2% | -14.9% |
| 2009 | 8.1% | +31.0% |
| 2010 | 7.9% | -2.1% |
| 2011 | 6.5% | -18.5% |
| 2012 | 6.1% | -5.4% |
| 2013 | 6.3% | +3.8% |
| 2014 | 7.4% | +16.8% |
| 2015 | 7.5% | +1.7% |
| 2016 | 7.0% | -7.5% |
| 2017 | 7.0% | -0.2% |
| 2018 | 7.1% | +2.3% |
| 2019 | 7.7% | +7.9% |
| 2020 | 7.3% | -4.8% |
| 2021 | 7.0% | -4.9% |
| 2022 | 6.9% | -1.3% |
| 2023 | 6.8% | -1.4% |
| 2024 | 6.1% | -9.6% |
| 2025 | 6.2% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.3% | 6.2% | 8.1% | 4 |
| 2010s | 7.1% | 6.1% | 7.9% | 10 |
| 2020s | 6.7% | 6.1% | 7.3% | 6 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- 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)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- 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)
Frequently asked questions
- What is interest rate spread in Cape Verde?
- Interest rate spread in Cape Verde was 6.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Cape Verde?
- The highest recorded value was 8.1% in 2009.
- What is the lowest interest rate spread recorded in Cape Verde?
- The lowest recorded value was 6.1% in 2012.
- How does Cape Verde rank for interest rate spread?
- Cape Verde ranks 50th out of 140 countries with data for 2025.
- Is interest rate spread rising or falling in Cape Verde?
- Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.