Cape Verde: Banking system concentration
* indicates monthly or quarterly data series
| Cape Verde |
Bank concentration: percent of bank assets held by top three banks |
|---|---|
| Latest value | 73.56 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2008 - 2021 |
| Average | 82.29 |
| Min - Max | 72.01 - 100.00 |
| Source | Bankscope |
The latest value from 2021 is 73.56 percent, a decline from 77.11 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for Cape Verde from 2008 to 2021 is 82.29 percent. The minimum value, 72.01 percent, was reached in 2019 while the maximum of 100 percent was recorded in 2008.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| 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 |