Credit to the private sector — all countries

Credit to the private sector — Cabo Verde

Credit to the private sector in Cabo Verde in 2025 — 54.04%. Ranked 32 in the world out of 87. Since 1980, the indicator has risen by 42.06 pp.

2025 54.04% −0.57 pp vs 2024
World rank 32of 87
Period maximum 68.46%2020
Period minimum 11.98%1980

Trend over time

1980–2025 · % of GDP

Credit to the private sector — Cabo Verde, 1980–202502040608019801985199019952000200520102015202020251980: 11.98%1981: 13.81%1982: 12.6%1983: 14.99%1984: 14.9%1985: 18.89%1986: 18.45%1987: 20.87%1988: 14.55%1989: 17.24%1990: 20.74%1991: 21.74%1992: 24.11%1993: 19.02%1994: 22.72%1995: 27.59%1996: 26.93%1997: 32.22%1998: 32.17%1999: 41.34%2000: 40.13%2001: 31.05%2002: 33.95%2003: 35.64%2004: 37.84%2005: 39.1%2006: 44.86%2007: 41.78%2008: 47.72%2009: 53.13%2010: 56.47%2011: 59.93%2012: 58.57%2013: 58.54%2014: 57.65%2015: 56.41%2016: 55.1%2017: 55.42%2018: 53.66%2019: 51.64%2020: 68.46%2021: 67.56%2022: 57.92%2023: 56.33%2024: 54.61%2025: 54.04%
Change over the period: +42.06 pp Annual average: 0.93 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde 54.04%
Western Africa computed 20.9%
Credit to the private sector — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2025 54.04 −0.57 pp
2024 54.61 −1.72 pp
2023 56.33 −1.59 pp
2022 57.92 −9.64 pp
2021 67.56 −0.89 pp
2020 68.46 +16.82 pp
2019 51.64 −2.02 pp
2018 53.66 −1.76 pp
2017 55.42 +0.32 pp
2016 55.1 −1.31 pp
2015 56.41 −1.24 pp
2014 57.65 −0.89 pp
2013 58.54 −0.03 pp
2012 58.57 −1.37 pp
2011 59.93 +3.46 pp
2010 56.47 +3.34 pp
2009 53.13 +5.41 pp
2008 47.72 +5.94 pp
2007 41.78 −3.08 pp
2006 44.86 +5.76 pp
2005 39.1 +1.26 pp
2004 37.84 +2.2 pp
2003 35.64 +1.69 pp
2002 33.95 +2.9 pp
2001 31.05 −9.08 pp
2000 40.13 −1.21 pp
1999 41.34 +9.17 pp
1998 32.17 −0.05 pp
1997 32.22 +5.3 pp
1996 26.93 −0.67 pp
1995 27.59 +4.87 pp
1994 22.72 +3.7 pp
1993 19.02 −5.1 pp
1992 24.11 +2.38 pp
1991 21.74 +0.99 pp
1990 20.74 +3.5 pp
1989 17.24 +2.69 pp
1988 14.55 −6.32 pp
1987 20.87 +2.42 pp
1986 18.45 −0.44 pp
1985 18.89 +3.99 pp
1984 14.9 −0.09 pp
1983 14.99 +2.4 pp
1982 12.6 −1.21 pp
1981 13.81 +1.83 pp
1980 11.98

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.