Gross domestic savings in Cape Verde
Cape Verde: Gross domestic savings was 6.0% in 2025. ◆ Volatile
Gross domestic savings in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Cape Verde recorded 6.0% for gross domestic savings in 2025.
That represents a change of up 26.4% on the previous year and down 65.3% over ten years.
Over the whole period, gross domestic savings in Cape Verde peaked at 23.7% in 2008 and was at its lowest, -2.0%, in 2021.
Cape Verde ranks 146th of 188 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 20.6% | — |
| 2008 | 23.7% | +15.0% |
| 2009 | 19.0% | -19.8% |
| 2010 | 20.0% | +5.3% |
| 2011 | 20.1% | +0.6% |
| 2012 | 19.5% | -3.1% |
| 2013 | 18.9% | -3.2% |
| 2014 | 18.2% | -3.5% |
| 2015 | 17.4% | -4.5% |
| 2016 | 16.1% | -7.2% |
| 2017 | 13.4% | -17.1% |
| 2018 | 13.4% | -0.1% |
| 2019 | 13.2% | -0.8% |
| 2020 | 1.2% | -91.3% |
| 2021 | -2.0% | -273.6% |
| 2022 | 2.3% | -212.4% |
| 2023 | 5.3% | +133.1% |
| 2024 | 4.8% | -9.2% |
| 2025 | 6.0% | +26.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.1% | 19.0% | 23.7% | 3 |
| 2010s | 17.0% | 13.2% | 20.1% | 10 |
| 2020s | 2.9% | -2.0% | 6.0% | 6 |
Countries ranked near Cape Verde
- 143 Philippines 8.4% compare
- 144 Pakistan 7.1% compare
- 145 Nepal 6.9% compare
- 147 Seychelles 5.7% compare
- 148 Kosovo 4.3% compare
- 148 Kosovo (UNSCR 1244) 4.3% compare
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 gross domestic savings in Cape Verde?
- Gross domestic savings in Cape Verde was 6.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Cape Verde?
- The highest recorded value was 23.7% in 2008.
- What is the lowest gross domestic savings recorded in Cape Verde?
- The lowest recorded value was -2.0% in 2021.
- How does Cape Verde rank for gross domestic savings?
- Cape Verde ranks 146th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Cape Verde?
- Over the last ten years it is down 65.3%. The long-run trend across the full record is volatile.
- 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 Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.