Gross savings in Cape Verde
Cape Verde: Gross savings was 646.00 million current US$ in 2025. ▼ Falling
Gross savings in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross savings in Cape Verde stood at 646.00 million current US$.
The figure is up 17.5% on the previous year and up 29.4% over ten years.
Over the whole period, gross savings in Cape Verde peaked at 731.37 million current US$ in 2008 and was at its lowest, 319.65 million current US$, in 2020.
Cape Verde ranks 153rd of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Gross savings in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 2007 | 608.88 million current US$ | — |
| 2008 | 731.37 million current US$ | +20.1% |
| 2009 | 617.53 million current US$ | -15.6% |
| 2010 | 631.58 million current US$ | +2.3% |
| 2011 | 697.39 million current US$ | +10.4% |
| 2012 | 556.11 million current US$ | -20.3% |
| 2013 | 592.56 million current US$ | +6.6% |
| 2014 | 543.34 million current US$ | -8.3% |
| 2015 | 499.07 million current US$ | -8.1% |
| 2016 | 518.93 million current US$ | +4.0% |
| 2017 | 510.98 million current US$ | -1.5% |
| 2018 | 563.47 million current US$ | +10.3% |
| 2019 | 557.67 million current US$ | -1.0% |
| 2020 | 319.65 million current US$ | -42.7% |
| 2021 | 360.59 million current US$ | +12.8% |
| 2022 | 430.06 million current US$ | +19.3% |
| 2023 | 521.19 million current US$ | +21.2% |
| 2024 | 549.62 million current US$ | +5.5% |
| 2025 | 646.00 million current US$ | +17.5% |
Cape Verde compared with similar countries
- Cape Verde's 646.00 million current US$ is below the median for upper middle income countries, which is 17.82 billion current US$, 4% of the median. (49 countries reporting)
- Cape Verde's 646.00 million current US$ is below the median for Sub-Saharan Africa, which is 3.44 billion current US$, 19% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 652.59 million current US$ | 608.88 million current US$ | 731.37 million current US$ | 3 |
| 2010s | 567.11 million current US$ | 499.07 million current US$ | 697.39 million current US$ | 10 |
| 2020s | 471.18 million current US$ | 319.65 million current US$ | 646.00 million current US$ | 6 |
Countries ranked near Cape Verde
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 in Cape Verde?
- Gross savings in Cape Verde was 646.00 million current US$ 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 731.37 million current US$ in 2008.
- What is the lowest gross savings recorded in Cape Verde?
- The lowest recorded value was 319.65 million current US$ in 2020.
- How does Cape Verde rank for gross savings?
- Cape Verde ranks 153rd 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 29.4%. The long-run trend across the full record is falling.
- 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 US$). 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 indicator is expressed in United States dollars.