Net foreign assets, flow in Cape Verde
Cape Verde: Net foreign assets, flow was -8.50 billion current LCU in 2011. ◆ Volatile
Net foreign assets, flow in Cape Verde, 1977–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in current LCU.
Analysis
Cape Verde recorded -8.50 billion current LCU for net foreign assets, flow in 2011. That is the lowest value across all 35 years on record.
The figure is down 867.9% on the previous year and down 385.8% over ten years.
Over the whole period, net foreign assets, flow in Cape Verde peaked at 8.15 billion current LCU in 2005 and was at its lowest, -8.50 billion current LCU, in 2011.
That places Cape Verde 39th out of 52 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net foreign assets, flow in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1977 | 404.20 million current LCU | — |
| 1978 | -87.40 million current LCU | -121.6% |
| 1979 | 220.85 million current LCU | -352.7% |
| 1980 | 229.48 million current LCU | +3.9% |
| 1981 | 31.36 million current LCU | -86.3% |
| 1982 | 667.67 million current LCU | +2029.1% |
| 1983 | 603.09 million current LCU | -9.7% |
| 1984 | 459.88 million current LCU | -23.7% |
| 1985 | 495.63 million current LCU | +7.8% |
| 1986 | 202.80 million current LCU | -59.1% |
| 1987 | 951.97 million current LCU | +369.4% |
| 1988 | 673.54 million current LCU | -29.2% |
| 1989 | -499.83 million current LCU | -174.2% |
| 1990 | -357.82 million current LCU | -28.4% |
| 1991 | -850.02 million current LCU | +137.6% |
| 1992 | 1.16 billion current LCU | -236.8% |
| 1993 | 636.97 million current LCU | -45.2% |
| 1994 | -238.52 million current LCU | -137.4% |
| 1995 | -719.72 million current LCU | +201.7% |
| 1996 | 2.08 billion current LCU | -389.5% |
| 1997 | -1.68 billion current LCU | -180.7% |
| 1998 | -20.53 million current LCU | -98.8% |
| 1999 | 4.12 billion current LCU | -20191.8% |
| 2000 | -2.57 billion current LCU | -162.3% |
| 2001 | 2.97 billion current LCU | -215.7% |
| 2002 | 1.16 billion current LCU | -61.1% |
| 2003 | -837.52 million current LCU | -172.4% |
| 2004 | 3.48 billion current LCU | -515.8% |
| 2005 | 8.15 billion current LCU | +134.0% |
| 2006 | 3.32 billion current LCU | -59.2% |
| 2007 | 5.81 billion current LCU | +74.7% |
| 2008 | -2.01 billion current LCU | -134.6% |
| 2009 | -1.61 billion current LCU | -19.5% |
| 2010 | 1.11 billion current LCU | -168.5% |
| 2011 | -8.50 billion current LCU | -867.9% |
Cape Verde compared with similar countries
- Cape Verde's -8.50 billion current LCU is below the median for upper middle income countries, which is 80.58 billion current LCU. (8 countries reporting)
- Cape Verde's -8.50 billion current LCU is below the median for Sub-Saharan Africa, which is 3.14 billion current LCU. (46 countries reporting)
Biggest year-on-year movements
Years where Net foreign assets, flow 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 |
|---|---|---|---|
| 1999 | +20191.8% | -20.53 million current LCU | 4.12 billion current LCU |
| 1982 | +2029.1% | 31.36 million current LCU | 667.67 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 179.22 million current LCU | -87.40 million current LCU | 404.20 million current LCU | 3 |
| 1980s | 381.56 million current LCU | -499.83 million current LCU | 951.97 million current LCU | 10 |
| 1990s | 414.00 million current LCU | -1.68 billion current LCU | 4.12 billion current LCU | 10 |
| 2000s | 1.79 billion current LCU | -2.57 billion current LCU | 8.15 billion current LCU | 10 |
| 2010s | -3.70 billion current LCU | -8.50 billion current LCU | 1.11 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 foreign assets, flow in Cape Verde?
- Net foreign assets, flow in Cape Verde was -8.50 billion current LCU in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest net foreign assets, flow recorded in Cape Verde?
- The highest recorded value was 8.15 billion current LCU in 2005.
- What is the lowest net foreign assets, flow recorded in Cape Verde?
- The lowest recorded value was -8.50 billion current LCU in 2011.
- How does Cape Verde rank for net foreign assets, flow?
- Cape Verde ranks 39th out of 52 countries with data for 2011.
- Is net foreign assets, flow rising or falling in Cape Verde?
- Over the last ten years it is down 385.8%. 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, flow (current LCU). 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 local currency.