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$, in 2020.
Cape Verde ranks 152nd of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 652.59 million current US$ | 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
- 149 Faroe Islands 721.07 million current US$ compare
- 150 Belize 651.38 million current US$ compare
- 151 Montenegro 650.78 million current US$ compare
- 153 Gambia 623.58 million current US$ compare
- 155 Aruba 520.11 million current US$ compare
More economy & growth data for Cape Verde
- External balance on goods and services as a percent of GDP -11.4% (2025)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 4,696 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.2% (2025)
- Gross domestic product (GDP) 2.48 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,696 constant 2015 US$ (2025)
- DEC alternative conversion factor 97.86 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 48.85 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 499.14 million current US$ (2025)
- Taxes less subsidies on products 48.82 billion current LCU (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 152nd out of 177 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.