Net foreign assets, flow in Cape Verde

Cape Verde: Net foreign assets, flow was -8.50 billion current LCU in 2011. ◆ Volatile

Latest (2011)
-8.50 billion current LCU
Change on year
down 867.9%
World rank
39th
of 52 countries
All-time high
8.15 billion current LCU
in 2005
All-time low
-8.50 billion current LCU
in 2011
Years of data
35
1977–2011

Net foreign assets, flow in Cape Verde, 1977–2011

-10.0B-5.0B05.0B10.0B1977199420111977: 404.2M current LCU1978: -87.4M current LCU1979: 220.9M current LCU1980: 229.5M current LCU1981: 31.4M current LCU1982: 667.7M current LCU1983: 603.1M current LCU1984: 459.9M current LCU1985: 495.6M current LCU1986: 202.8M current LCU1987: 952.0M current LCU1988: 673.5M current LCU1989: -499.8M current LCU1990: -357.8M current LCU1991: -850.0M current LCU1992: 1.2B current LCU1993: 637.0M current LCU1994: -238.5M current LCU1995: -719.7M current LCU1996: 2.1B current LCU1997: -1.7B current LCU1998: -20.5M current LCU1999: 4.1B current LCU2000: -2.6B current LCU2001: 3.0B current LCU2002: 1.2B current LCU2003: -837.5M current LCU2004: 3.5B current LCU2005: 8.1B current LCU2006: 3.3B current LCU2007: 5.8B current LCU2008: -2.0B current LCU2009: -1.6B current LCU2010: 1.1B current LCU2011: -8.5B current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 36 Tunisia -3.10 billion current LCU compare
  2. 37 Ethiopia -3.16 billion current LCU compare
  3. 38 Mozambique -6.88 billion current LCU compare
  4. 40 Djibouti -14.53 billion current LCU compare
  5. 41 Benin -15.82 billion current LCU compare
  6. 42 Malawi -18.38 billion current LCU compare

See the full ranking of 52 places →

More financial sector data for Cape Verde

All data for Cape Verde →

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

Indicator
Net foreign assets, flow (current LCU)
Unit
current LCU
Source
International Monetary Fund, International Financial Statistics and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
52 places, 2,130 data points, 1961–2011
Last refreshed

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.