Cape Verde: Financial institutions development

* indicates monthly or quarterly data series
 Cape Verde

Financial institutions development

 Latest value 0.571
 Year 2021
 Measure index points
 Data availability 1980 - 2021
 Average 0.361
 Min - Max 0.155 - 0.571
 Source International Monetary Fund
The latest value from 2021 is 0.571 index points, an increase from 0.515 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Cape Verde from 1980 to 2021 is 0.361 index points. The minimum value, 0.155 index points, was reached in 1986 while the maximum of 0.571 index points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Cape Verde - Financial institutions development - Recent values chart

Historical series
Cape Verde - Financial institutions development - historical chart - 1980-2021




Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

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 Related indicators Latest Reference Measure
 Financial development 0.292 2021 index points
 Financial institutions development 0.571 2021 index points
 Financial institutions development, depth 0.187 2021 index points
 Financial institutions development, access 0.720 2021 index points
 Financial institutions development, efficiency 0.668 2021 index points
 Financial markets development 0.002 2021 index points
 Financial markets development, depth 0.004 2021 index points
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