Net domestic credit, flow (current LCU) in Cape Verde
Cape Verde: Net domestic credit, flow (current LCU) was 16.02 billion current LCU in 2011. ◆ Volatile
Net domestic credit, flow in Cape Verde, 1977–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
In 2011, net domestic credit, flow in Cape Verde stood at 16.02 billion current LCU. That is the highest value across all 35 years on record.
That represents a change of up 154.5% on the previous year and up 262.4% over ten years.
Over the whole period, net domestic credit, flow in Cape Verde peaked at 16.02 billion current LCU in 2011 and was at its lowest, 36.50 million current LCU, in 1977.
Cape Verde ranks 31st of 52 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit, flow (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 36.50 million current LCU | — |
| 1978 | 387.00 million current LCU | +960.3% |
| 1979 | 262.90 million current LCU | -32.1% |
| 1980 | 373.10 million current LCU | +41.9% |
| 1981 | 853.90 million current LCU | +128.9% |
| 1982 | 265.20 million current LCU | -68.9% |
| 1983 | 607.60 million current LCU | +129.1% |
| 1984 | 421.40 million current LCU | -30.6% |
| 1985 | 732.50 million current LCU | +73.8% |
| 1986 | 802.30 million current LCU | +9.5% |
| 1987 | 743.60 million current LCU | -7.3% |
| 1988 | 598.70 million current LCU | -19.5% |
| 1989 | 1.35 billion current LCU | +124.8% |
| 1990 | 1.32 billion current LCU | -1.8% |
| 1991 | 2.15 billion current LCU | +62.8% |
| 1992 | 1.85 billion current LCU | -14.2% |
| 1993 | 1.43 billion current LCU | -22.4% |
| 1994 | 3.28 billion current LCU | +129.0% |
| 1995 | 4.59 billion current LCU | +39.9% |
| 1996 | 1.69 billion current LCU | -63.2% |
| 1997 | 4.19 billion current LCU | +147.8% |
| 1998 | 1.85 billion current LCU | -55.8% |
| 1999 | 1.68 billion current LCU | -9.4% |
| 2000 | 10.10 billion current LCU | +501.5% |
| 2001 | 4.42 billion current LCU | -56.2% |
| 2002 | 6.09 billion current LCU | +37.6% |
| 2003 | 4.45 billion current LCU | -26.9% |
| 2004 | 2.57 billion current LCU | -42.3% |
| 2005 | 3.07 billion current LCU | +19.3% |
| 2006 | 10.64 billion current LCU | +247.1% |
| 2007 | 5.57 billion current LCU | -47.6% |
| 2008 | 12.83 billion current LCU | +130.2% |
| 2009 | 7.81 billion current LCU | -39.1% |
| 2010 | 6.30 billion current LCU | -19.4% |
| 2011 | 16.02 billion current LCU | +154.5% |
Cape Verde compared with similar countries
- Cape Verde's 16.02 billion current LCU is below the median for upper middle income countries, which is 21.97 billion current LCU, 73% of the median. (8 countries reporting)
- Cape Verde's 16.02 billion current LCU is below the median for Sub-Saharan Africa, which is 37.43 billion current LCU, 43% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit, flow (current LCU) 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 | +960.3% | 36.50 million current LCU | 387.00 million current LCU |
| 2000 | +501.5% | 1.68 billion current LCU | 10.10 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 228.80 million current LCU | 36.50 million current LCU | 387.00 million current LCU | 3 |
| 1980s | 674.40 million current LCU | 265.20 million current LCU | 1.35 billion current LCU | 10 |
| 1990s | 2.40 billion current LCU | 1.32 billion current LCU | 4.59 billion current LCU | 10 |
| 2000s | 6.75 billion current LCU | 2.57 billion current LCU | 12.83 billion current LCU | 10 |
| 2010s | 11.16 billion current LCU | 6.30 billion current LCU | 16.02 billion current LCU | 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 net domestic credit, flow in Cape Verde?
- Net domestic credit, flow in Cape Verde was 16.02 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net domestic credit, flow recorded in Cape Verde?
- The highest recorded value was 16.02 billion current LCU in 2011.
- What is the lowest net domestic credit, flow recorded in Cape Verde?
- The lowest recorded value was 36.50 million current LCU in 1977.
- How does Cape Verde rank for net domestic credit, flow?
- Cape Verde ranks 31st out of 52 countries with data for 2011.
- Is net domestic credit, flow rising or falling in Cape Verde?
- Over the last ten years it is up 262.4%. 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, International Financial Statistics and data files, published as part of Net domestic credit, flow (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net credit to the non financial public sector, credit to the private sector, and other accounts. Data are in current local currency.