Gross savings (current LCU), annual growth rate in Cape Verde
Cape Verde: Gross savings (current LCU), annual growth rate was 12.85 % change on previous year in 2025. ◆ Volatile
Gross savings (current LCU), annual growth rate in Cape Verde, 2008–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross savings (current lcu), annual growth rate in Cape Verde is 12.85 % change on previous year, measured in 2025.
That represents a change of up 130.5% on the previous year and up 29.3% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Cape Verde peaked at 34.17 % change on previous year in 2022 and was at its lowest, -43.67 % change on previous year, in 2020.
That places Cape Verde 60th out of 177 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 12.25 % change on previous year | — |
| 2009 | -10.3 % change on previous year | -184.1% |
| 2010 | 6.42 % change on previous year | -162.3% |
| 2011 | 5.11 % change on previous year | -20.3% |
| 2012 | -13.18 % change on previous year | -357.6% |
| 2013 | 2.55 % change on previous year | -119.3% |
| 2014 | -8.35 % change on previous year | -427.7% |
| 2015 | 9.94 % change on previous year | -219.1% |
| 2016 | 4.29 % change on previous year | -56.8% |
| 2017 | -3.39 % change on previous year | -178.9% |
| 2018 | 5.32 % change on previous year | -256.9% |
| 2019 | 4.36 % change on previous year | -18.1% |
| 2020 | -43.67 % change on previous year | -1102.5% |
| 2021 | 8.64 % change on previous year | -119.8% |
| 2022 | 34.17 % change on previous year | +295.6% |
| 2023 | 17.66 % change on previous year | -48.3% |
| 2024 | 5.58 % change on previous year | -68.4% |
| 2025 | 12.85 % change on previous year | +130.5% |
Cape Verde compared with similar countries
- Cape Verde's 12.85 % change on previous year is above the median for upper middle income countries, which is 4.98 % change on previous year, 2.6× the median. (48 countries reporting)
- Cape Verde's 12.85 % change on previous year is above the median for Sub-Saharan Africa, which is 12.85 % change on previous year, 1.0× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9766 % change on previous year | -10.3 % change on previous year | 12.25 % change on previous year | 2 |
| 2010s | 1.31 % change on previous year | -13.18 % change on previous year | 9.94 % change on previous year | 10 |
| 2020s | 5.87 % change on previous year | -43.67 % change on previous year | 34.17 % change on previous year | 6 |
Countries ranked near Cape Verde
- 57 Chile 13.75 % change on previous year compare
- 58 Cameroon 13.52 % change on previous year compare
- 59 Ecuador 13.47 % change on previous year compare
- 61 Cote d'Ivoire 12 % change on previous year compare
- 62 Bangladesh 11.63 % change on previous year compare
- 63 Belarus 11.57 % change on previous year compare
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Cape Verde?
- Gross savings (current lcu), annual growth rate in Cape Verde was 12.85 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Cape Verde?
- The highest recorded value was 34.17 % change on previous year in 2022.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Cape Verde?
- The lowest recorded value was -43.67 % change on previous year in 2020.
- How does Cape Verde rank for gross savings (current lcu), annual growth rate?
- Cape Verde ranks 60th out of 177 countries with data for 2025.
- Is gross savings (current lcu), annual growth rate rising or falling in Cape Verde?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.