Cape Verde: Return on equity

The latest value from 2021 is 16.49 percent, a decline from 17.63 percent in 2020. In comparison, the world average is 13.44 percent, based on data from 136 countries. Historically, the average for Cape Verde from 2009 to 2021 is 11.78 percent. The minimum value, 4.04 percent, was reached in 2018 while the maximum of 21.26 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Commercial banks’ pre-tax income to yearly averaged equity. The numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.