Cape Verde: Domestic credit to the private sector
* indicates monthly or quarterly data series
| Cape Verde |
Domestic credit to the private sector, percent of GDP |
|---|---|
| Latest value | 73.19 |
| Year | 2020 |
| Measure | percent |
| Data availability | 1980 - 2020 |
| Average | 37.62 |
| Min - Max | 11.98 - 73.19 |
| Source | The World Bank |
The latest value from 2020 is 73.19 percent, an increase from 58.68 percent in 2019. In comparison, the world average is 61.27 percent, based on data from 151 countries. Historically, the average for Cape Verde from 1980 to 2020 is 37.62 percent. The minimum value, 11.98 percent, was reached in 1980 while the maximum of 73.19 percent was recorded in 2020.
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Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.
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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 |