Cape Verde: Bank assets to GDP
* indicates monthly or quarterly data series
| Cape Verde |
Bank assets, percent of GDP |
|---|---|
| Latest value | 105.45 |
| Year | 2021 |
| Measure | percent |
| Data availability | 1980 - 2021 |
| Average | 47.86 |
| Min - Max | 1.66 - 105.57 |
| Source | The International Monetary Fund |
The latest value from 2021 is 105.45 percent, a decline from 105.57 percent in 2020. In comparison, the world average is 71.17 percent, based on data from 140 countries. Historically, the average for Cape Verde from 1980 to 2021 is 47.86 percent. The minimum value, 1.66 percent, was reached in 1986 while the maximum of 105.57 percent was recorded in 2020.
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Definition: Total assets held by deposit money banks as a share of GDP. Assets include claims on domestic real nonfinancial sector which includes central, state and local governments, nonfinancial public enterprises and private sector. Deposit money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 51.17 | 2021 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 2,007.52 | 2020 | bank accounts |
| Bank branches per 100,000 people | 31.01 | 2020 | bank branches |
| Firms using credit to finance investment | 35.30 | 2009 | percent |
| Small firms with bank credit | 38.60 | 2009 | percent |
| Domestic credit to the private sector | 73.19 | 2020 | percent |
| Bank credit to the private sector | 53.77 | 2023 | percent |
| Liquid liabilities, percent of GDP | 117.96 | 2021 | percent |
| Bank assets to GDP | 105.45 | 2021 | percent |
| Financial system deposits, percent of GDP | 109.80 | 2021 | percent |
| Bank credit to government | 33.00 | 2020 | percent |
| Banking system concentration | 73.56 | 2021 | percent |