Number of Household Sector Depositors with Commercial Banks per 1,000 in Cape Verde
Cape Verde: Number of Household Sector Depositors with Commercial Banks per 1,000 was 1,968 in 2023. ▲ Rising
Number of Household Sector Depositors with Commercial Banks per 1,000 in Cape Verde, 2004–2023
Source: International Monetary Fund.
Analysis
The most recent figure for number of household sector depositors with commercial banks per 1,000 in Cape Verde is 1,968, measured in 2023.
Compared with earlier readings it is down 20.2% on the previous year and up 29.9% over ten years.
Over the whole period, number of household sector depositors with commercial banks per 1,000 in Cape Verde peaked at 2,546 in 2019 and was at its lowest, 422.34, in 2004.
Cape Verde ranks 3rd of 72 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Number of Household Sector Depositors with Commercial Banks per 1,000 in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 422.34 | — |
| 2005 | 953.19 | +125.7% |
| 2006 | 1,020 | +7.0% |
| 2007 | 1,107 | +8.5% |
| 2008 | 1,107 | -0.0% |
| 2009 | 1,155 | +4.4% |
| 2010 | 1,355 | +17.2% |
| 2011 | 1,432 | +5.7% |
| 2012 | 1,478 | +3.2% |
| 2013 | 1,515 | +2.5% |
| 2014 | 1,635 | +7.9% |
| 2015 | 1,768 | +8.1% |
| 2016 | 1,848 | +4.5% |
| 2017 | 2,096 | +13.4% |
| 2018 | 2,156 | +2.9% |
| 2019 | 2,546 | +18.1% |
| 2020 | 2,470 | -3.0% |
| 2021 | 1,892 | -23.4% |
| 2022 | 2,467 | +30.4% |
| 2023 | 1,968 | -20.2% |
Cape Verde compared with similar countries
- Cape Verde's 1,968 is above the median for upper middle income countries, which is 1,126, 1.7× the median. (24 countries reporting)
- Cape Verde's 1,968 is above the median for Sub-Saharan Africa, which is 221.01, 8.9× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Number of Household Sector Depositors with Commercial Banks per 1,000 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 |
|---|---|---|---|
| 2005 | +125.7% | 422.34 | 953.19 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 960.91 | 422.34 | 1,155 | 6 |
| 2010s | 1,783 | 1,355 | 2,546 | 10 |
| 2020s | 2,199 | 1,892 | 2,470 | 4 |
Countries ranked near Cape Verde
- 1 Turkey 2,546 compare
- 2 Ukraine 2,462 compare
- 4 Azerbaijan 1,925 compare
- 5 Mauritius 1,913 compare
- 6 Costa Rica 1,892 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 number of household sector depositors with commercial banks per 1,000 in Cape Verde?
- Number of household sector depositors with commercial banks per 1,000 in Cape Verde was 1,968 in 2023, according to International Monetary Fund.
- What is the highest number of household sector depositors with commercial banks per 1,000 recorded in Cape Verde?
- The highest recorded value was 2,546 in 2019.
- What is the lowest number of household sector depositors with commercial banks per 1,000 recorded in Cape Verde?
- The lowest recorded value was 422.34 in 2004.
- How does Cape Verde rank for number of household sector depositors with commercial banks per 1,000?
- Cape Verde ranks 3rd out of 72 countries with data for 2023.
- Is number of household sector depositors with commercial banks per 1,000 rising or falling in Cape Verde?
- Over the last ten years it is up 29.9%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Depositors with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.