Adjusted savings: gross savings in Cape Verde
Cape Verde: Adjusted savings: gross savings was 33.0% in 2021. ▼ Falling
Adjusted savings: gross savings in Cape Verde, 2007–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
In 2021, adjusted savings: gross savings in Cape Verde stood at 33.0%.
That represents a change of down 4.6% on the previous year and down 6.8% over ten years.
Over the whole period, adjusted savings: gross savings in Cape Verde peaked at 38.3% in 2008 and was at its lowest, 27.3%, in 2014.
That places Cape Verde 31st out of 178 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Adjusted savings: gross savings in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2007 | 38.2% | — |
| 2008 | 38.3% | +0.3% |
| 2009 | 34.5% | -10.1% |
| 2010 | 36.2% | +5.1% |
| 2011 | 35.4% | -2.2% |
| 2012 | 29.6% | -16.5% |
| 2013 | 29.7% | +0.3% |
| 2014 | 27.3% | -8.0% |
| 2015 | 29.2% | +7.2% |
| 2016 | 34.0% | +16.3% |
| 2017 | 31.6% | -7.0% |
| 2018 | 35.1% | +10.9% |
| 2019 | 36.1% | +2.7% |
| 2020 | 34.6% | -4.1% |
| 2021 | 33.0% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.0% | 34.5% | 38.3% | 3 |
| 2010s | 32.4% | 27.3% | 36.2% | 10 |
| 2020s | 33.8% | 33.0% | 34.6% | 2 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Gross capital formation (constant 2015 US$), annual growth rate 13.08 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,059 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.83 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5335 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 3,093 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 6.41 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 52.21 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 302,648 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.2 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Cape Verde?
- Adjusted savings: gross savings in Cape Verde was 33.0% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Cape Verde?
- The highest recorded value was 38.3% in 2008.
- What is the lowest adjusted savings: gross savings recorded in Cape Verde?
- The lowest recorded value was 27.3% in 2014.
- How does Cape Verde rank for adjusted savings: gross savings?
- Cape Verde ranks 31st out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Cape Verde?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.