Annual broad money growth in Cabo Verde
Cabo Verde: Annual broad money growth was 6.3% in 2023. ▼ Falling
Latest (2023)
6.3%
Change on year
up 8.1%
Rank
4th
of 5 groups
All-time high
18.0%
in 2006
All-time low
1.4%
in 2018
Years of data
24
2000–2023
Annual broad money growth in Cabo Verde, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, annual broad money growth in Cabo Verde stood at 6.3%.
Compared with earlier readings it is up 8.1% on the previous year and down 45.1% over ten years.
Over the whole period, annual broad money growth in Cabo Verde peaked at 18.0% in 2006 and was at its lowest, 1.4%, in 2018.
The long-run direction has been consistently falling across the 24 years of available data.
Annual broad money growth in Cabo Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 13.0% | — |
| 2001 | 9.7% | -25.2% |
| 2002 | 14.2% | +46.3% |
| 2003 | 8.6% | -39.5% |
| 2004 | 10.6% | +23.1% |
| 2005 | 15.8% | +49.1% |
| 2006 | 18.0% | +14.3% |
| 2007 | 10.7% | -40.4% |
| 2008 | 7.6% | -29.5% |
| 2009 | 3.5% | -54.3% |
| 2010 | 5.4% | +56.2% |
| 2011 | 4.6% | -15.2% |
| 2012 | 6.3% | +37.5% |
| 2013 | 11.4% | +81.0% |
| 2014 | 7.4% | -34.8% |
| 2015 | 6.2% | -16.1% |
| 2016 | 8.4% | +34.0% |
| 2017 | 6.5% | -22.1% |
| 2018 | 1.4% | -78.6% |
| 2019 | 8.4% | +505.8% |
| 2020 | 3.8% | -55.3% |
| 2021 | 3.0% | -19.6% |
| 2022 | 5.8% | +91.1% |
| 2023 | 6.3% | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.2% | 3.5% | 18.0% | 10 |
| 2010s | 6.6% | 1.4% | 11.4% | 10 |
| 2020s | 4.7% | 3.0% | 6.3% | 4 |
Countries ranked near Cabo Verde
- 1 Zimbabwe 708.9% compare
- 2 Argentina 123.1% compare
- 3 Sudan 88.0% compare
- 4 South Sudan 63.4% compare
- 5 Tajikistan 50.6% compare
- 6 Ghana 37.4% compare
- 7 Sierra Leone 32.8% compare
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
Frequently asked questions
- What is annual broad money growth in Cabo Verde?
- Annual broad money growth in Cabo Verde was 6.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual broad money growth recorded in Cabo Verde?
- The highest recorded value was 18.0% in 2006.
- What is the lowest annual broad money growth recorded in Cabo Verde?
- The lowest recorded value was 1.4% in 2018.
- How does Cabo Verde rank for annual broad money growth?
- Cabo Verde ranks 4th out of 5 groups with data for 2023.
- Is annual broad money growth rising or falling in Cabo Verde?
- Over the last ten years it is down 45.1%. The long-run trend across the full record is falling.
- Where does this Cabo Verde data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual broad money growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).