Gross savings (current LCU) in Cape Verde
Cape Verde: Gross savings (current LCU) was 63.24 billion current LCU in 2025. ▬ Flat
Gross savings in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2025, gross savings in Cape Verde stood at 63.24 billion current LCU. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 12.9% on the previous year and up 27.5% over ten years.
Over the whole period, gross savings in Cape Verde peaked at 63.24 billion current LCU in 2025 and was at its lowest, 30.94 billion current LCU, in 2020.
Cape Verde ranks 117th of 178 countries on this measure, in the middle of the range.
Gross savings (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 49.08 billion current LCU | — |
| 2008 | 55.10 billion current LCU | +12.3% |
| 2009 | 49.42 billion current LCU | -10.3% |
| 2010 | 52.60 billion current LCU | +6.4% |
| 2011 | 55.29 billion current LCU | +5.1% |
| 2012 | 48.00 billion current LCU | -13.2% |
| 2013 | 49.23 billion current LCU | +2.5% |
| 2014 | 45.12 billion current LCU | -8.3% |
| 2015 | 49.60 billion current LCU | +9.9% |
| 2016 | 51.73 billion current LCU | +4.3% |
| 2017 | 49.98 billion current LCU | -3.4% |
| 2018 | 52.64 billion current LCU | +5.3% |
| 2019 | 54.93 billion current LCU | +4.4% |
| 2020 | 30.94 billion current LCU | -43.7% |
| 2021 | 33.61 billion current LCU | +8.6% |
| 2022 | 45.10 billion current LCU | +34.2% |
| 2023 | 53.06 billion current LCU | +17.7% |
| 2024 | 56.02 billion current LCU | +5.6% |
| 2025 | 63.24 billion current LCU | +12.9% |
Cape Verde compared with similar countries
- Cape Verde's 63.24 billion current LCU is below the median for upper middle income countries, which is 445.87 billion current LCU, 14% of the median. (49 countries reporting)
- Cape Verde's 63.24 billion current LCU is below the median for Sub-Saharan Africa, which is 841.37 billion current LCU, 8% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 51.20 billion current LCU | 49.08 billion current LCU | 55.10 billion current LCU | 3 |
| 2010s | 50.91 billion current LCU | 45.12 billion current LCU | 55.29 billion current LCU | 10 |
| 2020s | 47.00 billion current LCU | 30.94 billion current LCU | 63.24 billion current LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Real gdp growth, annual growth rate 51.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
Frequently asked questions
- What is gross savings in Cape Verde?
- Gross savings in Cape Verde was 63.24 billion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Cape Verde?
- The highest recorded value was 63.24 billion current LCU in 2025.
- What is the lowest gross savings recorded in Cape Verde?
- The lowest recorded value was 30.94 billion current LCU in 2020.
- How does Cape Verde rank for gross savings?
- Cape Verde ranks 117th out of 178 countries with data for 2025.
- Is gross savings rising or falling in Cape Verde?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is flat.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.