Broad money to total reserves ratio in Cape Verde
Cape Verde: Broad money to total reserves ratio was 2.29 in 2025. ◆ Volatile
Broad money to total reserves ratio in Cape Verde, 1976–2025
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2025, broad money to total reserves ratio in Cape Verde stood at 2.29.
The figure is down 29.2% on the previous year and down 28.4% over ten years.
Over the whole period, broad money to total reserves ratio in Cape Verde peaked at 38.56 in 1998 and was at its lowest, 0.9518, in 1985.
That places Cape Verde 113th out of 158 countries with data for 2025, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.1 | 1 | 1.18 | 4 |
| 1980s | 1.19 | 0.9518 | 1.46 | 10 |
| 1990s | 10.08 | 1.35 | 38.56 | 10 |
| 2000s | 5.63 | 3.22 | 12.31 | 10 |
| 2010s | 3.37 | 2.74 | 4.32 | 10 |
| 2020s | 2.86 | 2.29 | 3.23 | 6 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Domestic credit to private sector 54.0% (2025)
- Claims on central government, etc. 8.5% (2025)
- Broad money 94.2% (2025)
- Monetary Sector credit to private sector 54.0% (2025)
- Net foreign assets 118.67 billion current LCU (2025)
- Net domestic credit 195.38 billion current LCU (2025)
- Net migration -1,284 (2025)
- Total reserves in months of imports 8.69 (2025)
- Domestic credit to private sector by banks 53.4% (2025)
- Official exchange rate 97.86 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money to total reserves ratio in Cape Verde?
- Broad money to total reserves ratio in Cape Verde was 2.29 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Cape Verde?
- The highest recorded value was 38.56 in 1998.
- What is the lowest broad money to total reserves ratio recorded in Cape Verde?
- The lowest recorded value was 0.9518 in 1985.
- How does Cape Verde rank for broad money to total reserves ratio?
- Cape Verde ranks 113th out of 158 countries with data for 2025.
- Is broad money to total reserves ratio rising or falling in Cape Verde?
- Over the last ten years it is down 28.4%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).