Net foreign assets in Cape Verde
Cape Verde: Net foreign assets was 235.16 million current US$ in 2011. ◆ Volatile
Latest (2011)
235.16 million current US$
Change on year
down 31.9%
World rank
41st
of 51 countries
All-time high
413.82 million current US$
in 2007
All-time low
35.69 million current US$
in 1981
Years of data
32
1980–2011
Net foreign assets in Cape Verde, 1980–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current US$.
Analysis
Cape Verde recorded 235.16 million current US$ for net foreign assets in 2011.
That represents a change of down 31.9% on the previous year and up 196.8% over ten years.
Over the whole period, net foreign assets in Cape Verde peaked at 413.82 million current US$ in 2007 and was at its lowest, 35.69 million current US$, in 1981.
That places Cape Verde 41st out of 51 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 41.98 million current US$ | — |
| 1981 | 35.69 million current US$ | -15.0% |
| 1982 | 39.39 million current US$ | +10.4% |
| 1983 | 38.59 million current US$ | -2.0% |
| 1984 | 38.12 million current US$ | -1.2% |
| 1985 | 47.34 million current US$ | +24.2% |
| 1986 | 55.43 million current US$ | +17.1% |
| 1987 | 79.00 million current US$ | +42.5% |
| 1988 | 79.68 million current US$ | +0.9% |
| 1989 | 73.52 million current US$ | -7.7% |
| 1990 | 75.84 million current US$ | +3.2% |
| 1991 | 62.62 million current US$ | -17.4% |
| 1992 | 72.86 million current US$ | +16.4% |
| 1993 | 69.34 million current US$ | -4.8% |
| 1994 | 70.54 million current US$ | +1.7% |
| 1995 | 64.60 million current US$ | -8.4% |
| 1996 | 83.22 million current US$ | +28.8% |
| 1997 | 56.17 million current US$ | -32.5% |
| 1998 | 54.68 million current US$ | -2.7% |
| 1999 | 92.33 million current US$ | +68.9% |
| 2000 | 58.57 million current US$ | -36.6% |
| 2001 | 79.23 million current US$ | +35.3% |
| 2002 | 105.28 million current US$ | +32.9% |
| 2003 | 117.21 million current US$ | +11.3% |
| 2004 | 169.42 million current US$ | +44.6% |
| 2005 | 233.91 million current US$ | +38.1% |
| 2006 | 300.84 million current US$ | +28.6% |
| 2007 | 413.82 million current US$ | +37.6% |
| 2008 | 365.89 million current US$ | -11.6% |
| 2009 | 357.65 million current US$ | -2.3% |
| 2010 | 345.14 million current US$ | -3.5% |
| 2011 | 235.16 million current US$ | -31.9% |
Cape Verde compared with similar countries
- Cape Verde's 235.16 million current US$ is below the median for upper middle income countries, which is 8.45 billion current US$, 3% of the median. (7 countries reporting)
- Cape Verde's 235.16 million current US$ is below the median for Sub-Saharan Africa, which is 1.19 billion current US$, 20% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 52.87 million current US$ | 35.69 million current US$ | 79.68 million current US$ | 10 |
| 1990s | 70.22 million current US$ | 54.68 million current US$ | 92.33 million current US$ | 10 |
| 2000s | 220.18 million current US$ | 58.57 million current US$ | 413.82 million current US$ | 10 |
| 2010s | 290.15 million current US$ | 235.16 million current US$ | 345.14 million current US$ | 2 |
Countries ranked near Cape Verde
- 38 Seychelles 310.57 million current US$ compare
- 39 Eritrea 262.16 million current US$ compare
- 40 Guinea-Bissau 261.40 million current US$ compare
- 42 Mauritania 163.75 million current US$ compare
- 43 Gambia 142.43 million current US$ compare
- 44 Comoros 141.66 million current US$ 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 foreign assets in Cape Verde?
- Net foreign assets in Cape Verde was 235.16 million current US$ in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net foreign assets recorded in Cape Verde?
- The highest recorded value was 413.82 million current US$ in 2007.
- What is the lowest net foreign assets recorded in Cape Verde?
- The lowest recorded value was 35.69 million current US$ in 1981.
- How does Cape Verde rank for net foreign assets?
- Cape Verde ranks 41st out of 51 countries with data for 2011.
- Is net foreign assets rising or falling in Cape Verde?
- Over the last ten years it is up 196.8%. 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 foreign assets (current US$). Statizoid updates them automatically from the source API.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current U.S. dollars.