Gross national savings — all countries

Gross national savings — Cabo Verde

Gross national savings in Cabo Verde in 2025 — 21.1%. Ranked 48 in the world out of 73. Since 2007, the indicator has fallen by 15.8 pp.

2025 21.1% +0.9 pp vs 2024
World rank 48of 73
Period maximum 37.3%2008
Period minimum 17.5%2020

Trend over time

2007–2025 · % of GDP

Gross national savings — Cabo Verde, 2007–202515202530354020072009201120132015201720192021202320252007: 36.9%2008: 37.3%2009: 33.3%2010: 34.6%2011: 34.1%2012: 29.1%2013: 29.2%2014: 26.6%2015: 28.5%2016: 28.1%2017: 25.6%2018: 25.6%2019: 24.8%2020: 17.5%2021: 17.6%2022: 19.1%2023: 20.8%2024: 20.3%2025: 21.1%
Change over the period: −15.8 pp Annual average: -0.88 pp
Gross national savings — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2025 21.1 +0.9 pp
2024 20.3 −0.6 pp
2023 20.8 +1.7 pp
2022 19.1 +1.6 pp
2021 17.6 +0 pp
2020 17.5 −7.2 pp
2019 24.8 −0.8 pp
2018 25.6 −0 pp
2017 25.6 −2.5 pp
2016 28.1 −0.5 pp
2015 28.5 +1.9 pp
2014 26.6 −2.6 pp
2013 29.2 +0.1 pp
2012 29.1 −5 pp
2011 34.1 −0.5 pp
2010 34.6 +1.3 pp
2009 33.3 −4 pp
2008 37.3 +0.4 pp
2007 36.9

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.