Gross domestic savings, private in Cape Verde
Cape Verde: Gross domestic savings, private was -9.04 billion current LCU in 1998. ◆ Volatile
Gross domestic savings, private in Cape Verde, 1986–1998
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 1998, gross domestic savings, private in Cape Verde stood at -9.04 billion current LCU. That is the lowest value across all 13 years on record.
The figure is down 202.4% on the previous year and down 745.5% over ten years.
Over the whole period, gross domestic savings, private in Cape Verde peaked at 1.18 billion current LCU in 1995 and was at its lowest, -9.04 billion current LCU, in 1998.
That places Cape Verde 25th out of 26 countries with data for 1998, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings, private in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 469.72 million current LCU | — |
| 1987 | 964.08 million current LCU | +105.2% |
| 1988 | -1.07 billion current LCU | -211.0% |
| 1989 | -2.33 billion current LCU | +117.8% |
| 1990 | -1.80 billion current LCU | -22.9% |
| 1991 | -622.67 million current LCU | -65.3% |
| 1992 | -1.15 billion current LCU | +84.5% |
| 1993 | 25.13 million current LCU | -102.2% |
| 1994 | 4.90 million current LCU | -80.5% |
| 1995 | 1.18 billion current LCU | +23914.3% |
| 1996 | -2.64 billion current LCU | -324.1% |
| 1997 | -2.99 billion current LCU | +13.4% |
| 1998 | -9.04 billion current LCU | +202.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -491.40 million current LCU | -2.33 billion current LCU | 964.08 million current LCU | 4 |
| 1990s | -1.89 billion current LCU | -9.04 billion current LCU | 1.18 billion current LCU | 9 |
Countries ranked near Cape Verde
- 22 Equatorial Guinea 262.92 million current LCU compare
- 23 Guinea-Bissau -4.70 billion current LCU compare
- 24 Comoros -4.75 billion current LCU compare
- 26 Guinea -943.94 billion current LCU compare
More economy & growth data for Cape Verde
- GDP (constant 2015 US$), annual growth rate 6.3 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8101 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,696 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 6.3 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 80.52 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 466,711 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 42.4 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0603 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 349.55 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 36.73 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings, private in Cape Verde?
- Gross domestic savings, private in Cape Verde was -9.04 billion current LCU in 1998, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gross domestic savings, private recorded in Cape Verde?
- The highest recorded value was 1.18 billion current LCU in 1995.
- What is the lowest gross domestic savings, private recorded in Cape Verde?
- The lowest recorded value was -9.04 billion current LCU in 1998.
- How does Cape Verde rank for gross domestic savings, private?
- Cape Verde ranks 25th out of 26 countries with data for 1998.
- Is gross domestic savings, private rising or falling in Cape Verde?
- Over the last ten years it is down 745.5%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Gross domestic savings, private (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private sector’s gross domestic saving is derived as value added in private sector at factor cost less private consumption, etc. Data are in current local currency.