Total reserves includes gold (% of GDP) in Cape Verde
Cape Verde: Total reserves includes gold (% of GDP) was 17.8% in 2011. ◆ Volatile
Total reserves includes gold in Cape Verde, 1980–2011
Source: International Monetary Fund, International Financial Statistics and data files. Measured in % of GDP.
Analysis
The most recent figure for total reserves includes gold in Cape Verde is 17.8%, measured in 2011.
The figure is down 22.7% on the previous year and up 120.8% over ten years.
Over the whole period, total reserves includes gold in Cape Verde peaked at 40.2% in 1985 and was at its lowest, 1.6%, in 1998.
Cape Verde ranks 19th of 53 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.
Total reserves includes gold (% of GDP) in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 29.8% | — |
| 1981 | 27.1% | -9.0% |
| 1982 | 30.4% | +12.0% |
| 1983 | 33.1% | +9.1% |
| 1984 | 31.0% | -6.3% |
| 1985 | 40.2% | +29.5% |
| 1986 | 29.6% | -26.5% |
| 1987 | 34.3% | +16.1% |
| 1988 | 30.8% | -10.3% |
| 1989 | 27.9% | -9.2% |
| 1990 | 25.1% | -10.3% |
| 1991 | 20.4% | -18.8% |
| 1992 | 21.2% | +4.2% |
| 1993 | 11.8% | -44.5% |
| 1994 | 10.3% | -12.0% |
| 1995 | 7.6% | -26.8% |
| 1996 | 5.5% | -27.5% |
| 1997 | 3.9% | -28.3% |
| 1998 | 1.6% | -59.5% |
| 1999 | 7.2% | +351.4% |
| 2000 | 5.2% | -27.2% |
| 2001 | 8.1% | +54.0% |
| 2002 | 12.9% | +59.3% |
| 2003 | 11.5% | -10.5% |
| 2004 | 15.1% | +31.3% |
| 2005 | 17.9% | +18.6% |
| 2006 | 23.0% | +28.3% |
| 2007 | 27.4% | +19.2% |
| 2008 | 23.1% | -15.5% |
| 2009 | 24.9% | +7.4% |
| 2010 | 23.0% | -7.3% |
| 2011 | 17.8% | -22.7% |
Cape Verde compared with similar countries
- Cape Verde's 17.8% is below the median for upper middle income countries, which is 21.2%, 84% of the median. (8 countries reporting)
- Cape Verde's 17.8% is above the median for Sub-Saharan Africa, which is 14.3%, 1.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Total reserves includes gold (% of GDP) 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 | +351.4% | 1.6% | 7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.4% | 27.1% | 40.2% | 10 |
| 1990s | 11.5% | 1.6% | 25.1% | 10 |
| 2000s | 16.9% | 5.2% | 27.4% | 10 |
| 2010s | 20.4% | 17.8% | 23.0% | 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 total reserves includes gold in Cape Verde?
- Total reserves includes gold in Cape Verde was 17.8% in 2011, according to International Monetary Fund, International Financial Statistics and data files.
- What is the highest total reserves includes gold recorded in Cape Verde?
- The highest recorded value was 40.2% in 1985.
- What is the lowest total reserves includes gold recorded in Cape Verde?
- The lowest recorded value was 1.6% in 1998.
- How does Cape Verde rank for total reserves includes gold?
- Cape Verde ranks 19th out of 53 countries with data for 2011.
- Is total reserves includes gold rising or falling in Cape Verde?
- Over the last ten years it is up 120.8%. 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 Total reserves includes gold (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. The gold component of these reserves is valued at year-end (December 31) London prices.