Net domestic credit (current LCU), annual growth rate in Cape Verde
Cape Verde: Net domestic credit (current LCU), annual growth rate was 1.41 % change on previous year in 2025. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Cape Verde, 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cape Verde recorded 1.41 % change on previous year for net domestic credit (current lcu), annual growth rate in 2025.
Compared with earlier readings it is up 51.3% on the previous year and down 27.4% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Cape Verde peaked at 175.19 % change on previous year in 1978 and was at its lowest, -2.44 % change on previous year, in 2019.
That places Cape Verde 157th out of 186 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 19.79 % change on previous year | — |
| 1978 | 175.19 % change on previous year | +785.1% |
| 1979 | 43.25 % change on previous year | -75.3% |
| 1980 | 42.85 % change on previous year | -0.9% |
| 1981 | 68.65 % change on previous year | +60.2% |
| 1982 | 12.64 % change on previous year | -81.6% |
| 1983 | 25.71 % change on previous year | +103.4% |
| 1984 | 14.19 % change on previous year | -44.8% |
| 1985 | 21.59 % change on previous year | +52.2% |
| 1986 | 19.45 % change on previous year | -9.9% |
| 1987 | 15.09 % change on previous year | -22.4% |
| 1988 | 10.56 % change on previous year | -30.0% |
| 1989 | 21.47 % change on previous year | +103.3% |
| 1990 | 17.36 % change on previous year | -19.1% |
| 1991 | 24.08 % change on previous year | +38.7% |
| 1992 | 16.66 % change on previous year | -30.8% |
| 1993 | 11.08 % change on previous year | -33.5% |
| 1994 | 22.84 % change on previous year | +106.2% |
| 1995 | 26.02 % change on previous year | +13.9% |
| 1996 | 7.6 % change on previous year | -70.8% |
| 1997 | 17.49 % change on previous year | +130.3% |
| 1998 | 6.59 % change on previous year | -62.3% |
| 1999 | 5.6 % change on previous year | -15.0% |
| 2000 | 31.9 % change on previous year | +469.6% |
| 2001 | 10.59 % change on previous year | -66.8% |
| 2002 | 13.18 % change on previous year | +24.5% |
| 2003 | 8.52 % change on previous year | -35.4% |
| 2004 | 4.53 % change on previous year | -46.8% |
| 2005 | 5.17 % change on previous year | +14.1% |
| 2006 | 17.06 % change on previous year | +230.0% |
| 2007 | 7.63 % change on previous year | -55.3% |
| 2008 | 16.33 % change on previous year | +113.9% |
| 2009 | 8.55 % change on previous year | -47.6% |
| 2010 | 6.35 % change on previous year | -25.7% |
| 2011 | 15.19 % change on previous year | +139.3% |
| 2012 | 2.88 % change on previous year | -81.0% |
| 2013 | 3.35 % change on previous year | +16.3% |
| 2014 | 1.83 % change on previous year | -45.3% |
| 2015 | 1.95 % change on previous year | +6.2% |
| 2016 | 3.46 % change on previous year | +77.6% |
| 2017 | 7.21 % change on previous year | +108.4% |
| 2018 | 2.97 % change on previous year | -58.8% |
| 2019 | -2.44 % change on previous year | -182.4% |
| 2020 | 6.95 % change on previous year | -384.2% |
| 2021 | 5.47 % change on previous year | -21.3% |
| 2022 | 8.79 % change on previous year | +60.6% |
| 2023 | 4.08 % change on previous year | -53.6% |
| 2024 | 0.9352 % change on previous year | -77.1% |
| 2025 | 1.41 % change on previous year | +51.3% |
Cape Verde compared with similar countries
- Cape Verde's 1.41 % change on previous year is below the median for upper middle income countries, which is 10.49 % change on previous year, 13% of the median. (55 countries reporting)
- Cape Verde's 1.41 % change on previous year is below the median for Sub-Saharan Africa, which is 12.16 % change on previous year, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU), annual growth rate in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +785.1% | 19.79 % change on previous year | 175.19 % change on previous year |
| 2000 | +469.6% | 5.6 % change on previous year | 31.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 79.41 % change on previous year | 19.79 % change on previous year | 175.19 % change on previous year | 3 |
| 1980s | 25.22 % change on previous year | 10.56 % change on previous year | 68.65 % change on previous year | 10 |
| 1990s | 15.53 % change on previous year | 5.6 % change on previous year | 26.02 % change on previous year | 10 |
| 2000s | 12.35 % change on previous year | 4.53 % change on previous year | 31.9 % change on previous year | 10 |
| 2010s | 4.27 % change on previous year | -2.44 % change on previous year | 15.19 % change on previous year | 10 |
| 2020s | 4.6 % change on previous year | 0.9352 % change on previous year | 8.79 % change on previous year | 6 |
Countries ranked near Cape Verde
- 154 Brunei 2.06 % change on previous year compare
- 155 Barbados 1.79 % change on previous year compare
- 156 Bahamas 1.52 % change on previous year compare
- 158 Dominica 1.36 % change on previous year compare
- 159 Niger 1.36 % change on previous year compare
- 160 Belgium 1.17 % change on previous year compare
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 net domestic credit (current lcu), annual growth rate in Cape Verde?
- Net domestic credit (current lcu), annual growth rate in Cape Verde was 1.41 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Cape Verde?
- The highest recorded value was 175.19 % change on previous year in 1978.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Cape Verde?
- The lowest recorded value was -2.44 % change on previous year in 2019.
- How does Cape Verde rank for net domestic credit (current lcu), annual growth rate?
- Cape Verde ranks 157th out of 186 countries with data for 2025.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Cape Verde?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.