Financial Sector in Cape Verde

35 indicators covering financial sector for Cape Verde.

IndicatorLatest Year10-yr change Rank
Net migration -1,284 2025 up 79.4% 113th
Total reserves in months of imports 8.69 2025 up 43.1% 22nd
Net domestic credit 195.38 billion current LCU 2025 up 45.7% 116th
Domestic credit to private sector by banks 53.4% 2025 down 4.6% 66th
Net foreign assets 118.67 billion current LCU 2025 up 144.9% 103rd
Claims on central government, etc. 8.5% 2025 down 51.0% 104th
Monetary Sector credit to private sector 54.0% 2025 down 4.2% 64th
Domestic credit to private sector 54.0% 2025 down 4.2% 69th
Broad money 94.2% 2025 up 4.4% 30th
Official exchange rate 97.86 LCU per US$, period average 2025 down 1.5% 68th
Claims on private sector 4.1% 2025 up 1,596.9% 100th
Broad money 281.73 billion current LCU 2025 up 79.5% 106th
Broad money growth 9.2% 2025 up 47.8% 92nd
Claims on central government -2.6% 2025 down 855.5% 143rd
GDP deflator: linked series 121.54 base year varies by country 2025 up 21.5% 155th
Inflation, GDP deflator: linked series 1.7% 2025 up 7.6% 160th
Broad money to total reserves ratio 2.29 2025 down 28.4% 113th
Total reserves 33.2% 2024 up 20.4% 59th
Interest rate spread 6.2% 2025 down 17.6% 50th
Deposit interest rate 1.5% 2025 down 46.5% 119th
Consumer price index 131.1 2010 = 100 2025 up 20.7% 157th
Bank liquid reserves to bank assets ratio 44.5% 2025 up 46.3% 23rd
Lending interest rate 7.7% 2025 down 25.6% 87th
Real interest rate 5.9% 2025 down 31.7% 60th
Commercial bank branches 34.8 per 100,000 adults 2024 up 3.5% 9th
Automated teller machines (ATMs) 59.37 per 100,000 adults 2024 up 25.9% 57th
Claims on other sectors of the domestic economy 3.7% 2025 up 83.5% 99th
International migrant stock 3.1% 2024 up 6.9% 133rd
International migrant stock, total 16,515 2024 up 10.7% 186th
Borrowers from commercial banks 208.75 per 1,000 adults 2022 up 95.3% 54th
Depositors with commercial banks 1,884 per 1,000 adults 2024 up 6.8% 11th
Risk premium on lending 6.4% 2025 down 30.5% 26th
Domestic credit provided by financial sector 70.0% 2024 down 10.5% 29th
Claims on other sectors of the domestic economy 58.4% 2024 down 3.1% 26th
Average transaction cost of sending remittances to a specific country 3.4% 2023 down 55.4% 42nd