Cape Verde: Liquid assets to deposits

The latest value from 2021 is 44.18 percent, an increase from 42.64 percent in 2020. In comparison, the world average is 37.70 percent, based on data from 125 countries. Historically, the average for Cape Verde from 2008 to 2021 is 37.73 percent. The minimum value, 21.23 percent, was reached in 2011 while the maximum of 51.23 percent was recorded in 2017. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The ratio of the value of liquid assets (easily converted to cash) to short-term funding plus total deposits. Liquid assets include cash and due from banks, trading securities and at fair value through income, loans and advances to banks, reverse repos and cash collaterals. Deposits and short term funding includes total customer deposits (current, savings and term) and short term borrowing (money market instruments, CDs and other deposits).