Cape Verde: Savings, percent of GDP

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

Cape Verde: Savings as percent of GDP

: For that indicator, The World Bank provides data for Cape Verde from 2007 to 2018. The average value for Cape Verde during that period was 32.15 percent with a minimum of 25.92 percent in 2014 and a maximum of 37.42 percent in 2007. The latest value from 2018 is 34.7 percent. For comparison, the world average in 2018 based on 131 countries is 22.47 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The savings in Cape Verde and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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