Money (Depository Corporations Survey, Domestic currency) in Cape Verde
Cape Verde: Money (Depository Corporations Survey, Domestic currency) was 44.64 billion in 2008. ◆ Volatile
Money in Cape Verde, 1976–2008
Source: International Monetary Fund.
Analysis
In 2008, money in Cape Verde stood at 44.64 billion. That is the highest value across all 33 years on record.
The figure is up 3.8% on the previous year and up 184.9% over ten years.
Over the whole period, money in Cape Verde peaked at 44.64 billion in 2008 and was at its lowest, 968.90 million, in 1976.
That places Cape Verde 108th out of 162 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.
Money (Depository Corporations Survey, Domestic currency) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 968.90 million | — |
| 1977 | 1.37 billion | +41.7% |
| 1978 | 1.57 billion | +14.3% |
| 1979 | 1.77 billion | +12.9% |
| 1980 | 2.28 billion | +28.7% |
| 1981 | 2.54 billion | +11.2% |
| 1982 | 3.21 billion | +26.4% |
| 1983 | 3.74 billion | +16.8% |
| 1984 | 3.98 billion | +6.4% |
| 1985 | 4.57 billion | +14.8% |
| 1986 | 5.30 billion | +15.9% |
| 1987 | 5.33 billion | +0.6% |
| 1988 | 5.62 billion | +5.5% |
| 1989 | 6.13 billion | +9.0% |
| 1990 | 6.78 billion | +10.7% |
| 1991 | 7.40 billion | +9.1% |
| 1992 | 9.73 billion | +31.4% |
| 1993 | 10.60 billion | +8.9% |
| 1994 | 11.47 billion | +8.2% |
| 1995 | 12.05 billion | +5.1% |
| 1996 | 14.31 billion | +18.7% |
| 1997 | 16.09 billion | +12.4% |
| 1998 | 15.67 billion | -2.6% |
| 1999 | 18.55 billion | +18.4% |
| 2000 | 20.68 billion | +11.5% |
| 2001 | 22.21 billion | +7.4% |
| 2002 | 24.15 billion | +8.7% |
| 2003 | 24.90 billion | +3.1% |
| 2004 | 26.49 billion | +6.4% |
| 2005 | 30.95 billion | +16.8% |
| 2006 | 38.81 billion | +25.4% |
| 2007 | 43.00 billion | +10.8% |
| 2008 | 44.64 billion | +3.8% |
Cape Verde compared with similar countries
- Cape Verde's 44.64 billion is below the median for upper middle income countries, which is 153.28 billion, 29% of the median. (50 countries reporting)
- Cape Verde's 44.64 billion is below the median for Sub-Saharan Africa, which is 423.93 billion, 11% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.42 billion | 968.90 million | 1.77 billion | 4 |
| 1980s | 4.27 billion | 2.28 billion | 6.13 billion | 10 |
| 1990s | 12.27 billion | 6.78 billion | 18.55 billion | 10 |
| 2000s | 30.65 billion | 20.68 billion | 44.64 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 money in Cape Verde?
- Money in Cape Verde was 44.64 billion in 2008, according to International Monetary Fund.
- What is the highest money recorded in Cape Verde?
- The highest recorded value was 44.64 billion in 2008.
- What is the lowest money recorded in Cape Verde?
- The lowest recorded value was 968.90 million in 1976.
- How does Cape Verde rank for money?
- Cape Verde ranks 108th out of 162 countries with data for 2008.
- Is money rising or falling in Cape Verde?
- Over the last ten years it is up 184.9%. 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 Money (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.