Adjusted savings: net national savings in Cape Verde
Cape Verde: Adjusted savings: net national savings was 21.2% in 2021. ▼ Falling
Adjusted savings: net national savings in Cape Verde, 2007–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Cape Verde recorded 21.2% for adjusted savings: net national savings in 2021.
The figure is down 8.5% on the previous year and down 12.8% over ten years.
Over the whole period, adjusted savings: net national savings in Cape Verde peaked at 27.1% in 2007 and was at its lowest, 16.6%, in 2014.
Cape Verde ranks 29th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Adjusted savings: net national savings in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2007 | 27.1% | — |
| 2008 | 26.9% | -0.9% |
| 2009 | 23.4% | -12.7% |
| 2010 | 24.6% | +4.9% |
| 2011 | 24.3% | -1.2% |
| 2012 | 19.0% | -21.9% |
| 2013 | 19.0% | -0.1% |
| 2014 | 16.6% | -12.4% |
| 2015 | 18.3% | +10.3% |
| 2016 | 23.2% | +26.6% |
| 2017 | 20.7% | -11.0% |
| 2018 | 24.2% | +17.1% |
| 2019 | 25.1% | +3.5% |
| 2020 | 23.2% | -7.5% |
| 2021 | 21.2% | -8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.8% | 23.4% | 27.1% | 3 |
| 2010s | 21.5% | 16.6% | 25.1% | 10 |
| 2020s | 22.2% | 21.2% | 23.2% | 2 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Exports of goods and services (current LCU), annual growth rate 6.37 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 41.08 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 238,115 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.12 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3151 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,826 constant 2015 US$ per person (2025)
- Gross capital formation (current US$), annual growth rate 20.18 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1741 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,009 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 15.4 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Cape Verde?
- Adjusted savings: net national savings in Cape Verde was 21.2% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Cape Verde?
- The highest recorded value was 27.1% in 2007.
- What is the lowest adjusted savings: net national savings recorded in Cape Verde?
- The lowest recorded value was 16.6% in 2014.
- How does Cape Verde rank for adjusted savings: net national savings?
- Cape Verde ranks 29th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Cape Verde?
- Over the last ten years it is down 12.8%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.