Bank branches in Cabo Verde in 2024 — 34.8 per 100k. Ranked 10 in the world out of 153. Since 2004, the indicator has risen by 125.1%.
2004–2024 · per 100,000 adults
How the value compares with the world and the groups this territory belongs to: Cabo Verde
| Year | per 100k | Change | Change, % |
|---|---|---|---|
| 2024 | 34.8 | +0.22 | +0.63% |
| 2023 | 34.58 | −0.56 | −1.58% |
| 2022 | 35.14 | +0.19 | +0.56% |
| 2021 | 34.94 | +1.3 | +3.85% |
| 2020 | 33.65 | −0.57 | −1.67% |
| 2019 | 34.22 | −0.05 | −0.13% |
| 2018 | 34.26 | +1.85 | +5.72% |
| 2017 | 32.41 | −1.71 | −5.01% |
| 2016 | 34.12 | +0.14 | +0.42% |
| 2015 | 33.97 | +0.34 | +1.03% |
| 2014 | 33.63 | +0 | +0% |
| 2013 | 33.63 | +0.21 | +0.63% |
| 2012 | 33.42 | +3.83 | +12.96% |
| 2011 | 29.59 | −0.5 | −1.66% |
| 2010 | 30.08 | +2.9 | +10.67% |
| 2009 | 27.18 | +2.37 | +9.57% |
| 2008 | 24.81 | +4.34 | +21.2% |
| 2007 | 20.47 | +2.97 | +16.94% |
| 2006 | 17.5 | +1.81 | +11.56% |
| 2005 | 15.69 | +0.23 | +1.49% |
| 2004 | 15.46 | — | — |
The same indicator for neighboring countries — with links to their pages
The number of commercial bank branches per 100,000 adults. The indicator was conceived as a measure of access to financial services, but it now calls for care in reading: in countries where banking has moved onto the phone, branches are closing, and a falling value means not a loss of access but a change in its form. The clearest case is Kenya and other countries of East Africa, where mobile money reached the population bypassing branches altogether.
Important: A measure of the physical presence of banks, not of access to financial services. Where mobile payments are widespread, a low value does not indicate financial exclusion.
Source: World Development Indicators (World Bank), license CC BY 4.0.
