Liquid liabilities to GDP (%) in Cape Verde
Cape Verde: Liquid liabilities to GDP (%) was 118.0% in 2021. ▲ Rising
Liquid liabilities to GDP in Cape Verde, 1980–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Cape Verde recorded 118.0% for liquid liabilities to gdp in 2021.
The figure is down 5.9% on the previous year and up 50.3% over ten years.
Over the whole period, liquid liabilities to gdp in Cape Verde peaked at 125.3% in 2020 and was at its lowest, 31.4%, in 1988.
Cape Verde ranks 33rd of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 42 years of available data.
Liquid liabilities to GDP (%) in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 41.9% | — |
| 1981 | 39.6% | -5.7% |
| 1982 | 41.1% | +4.0% |
| 1983 | 40.1% | -2.6% |
| 1984 | 37.6% | -6.2% |
| 1985 | 38.3% | +1.7% |
| 1986 | 36.3% | -5.0% |
| 1987 | 33.1% | -9.0% |
| 1988 | 31.4% | -4.9% |
| 1989 | 31.5% | +0.0% |
| 1990 | 33.9% | +7.9% |
| 1991 | 34.9% | +2.9% |
| 1992 | 42.6% | +22.1% |
| 1993 | 49.8% | +16.8% |
| 1994 | 66.2% | +33.0% |
| 1995 | 67.1% | +1.4% |
| 1996 | 67.8% | +0.9% |
| 1997 | 67.6% | -0.3% |
| 1998 | 61.5% | -9.1% |
| 1999 | 60.0% | -2.4% |
| 2000 | 64.4% | +7.4% |
| 2001 | 65.7% | +2.1% |
| 2002 | 71.6% | +8.9% |
| 2003 | 71.1% | -0.6% |
| 2004 | 76.2% | +7.1% |
| 2005 | 84.0% | +10.3% |
| 2006 | 87.7% | +4.5% |
| 2007 | 77.6% | -11.6% |
| 2008 | 75.6% | -2.6% |
| 2009 | 77.5% | +2.6% |
| 2010 | 80.1% | +3.4% |
| 2011 | 78.5% | -2.0% |
| 2012 | 82.1% | +4.6% |
| 2013 | 89.4% | +9.0% |
| 2014 | 95.6% | +6.9% |
| 2015 | 98.9% | +3.4% |
| 2016 | 102.6% | +3.7% |
| 2017 | 104.6% | +2.0% |
| 2018 | 100.0% | -4.5% |
| 2019 | 102.0% | +2.1% |
| 2020 | 125.3% | +22.8% |
| 2021 | 118.0% | -5.9% |
Cape Verde compared with similar countries
- Cape Verde's 118.0% is above the median for upper middle income countries, which is 63.0%, 1.9× the median. (55 countries reporting)
- Cape Verde's 118.0% is above the median for Sub-Saharan Africa, which is 29.1%, 4.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37.1% | 31.4% | 41.9% | 10 |
| 1990s | 55.1% | 33.9% | 67.8% | 10 |
| 2000s | 75.1% | 64.4% | 87.7% | 10 |
| 2010s | 93.4% | 78.5% | 104.6% | 10 |
| 2020s | 121.6% | 118.0% | 125.3% | 2 |
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 liquid liabilities to gdp in Cape Verde?
- Liquid liabilities to gdp in Cape Verde was 118.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Cape Verde?
- The highest recorded value was 125.3% in 2020.
- What is the lowest liquid liabilities to gdp recorded in Cape Verde?
- The lowest recorded value was 31.4% in 1988.
- How does Cape Verde rank for liquid liabilities to gdp?
- Cape Verde ranks 33rd out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Cape Verde?
- Over the last ten years it is up 50.3%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.