Net acquisition of financial assets (current LCU) in Cape Verde
Cape Verde: Net acquisition of financial assets (current LCU) was 1.50 billion current LCU in 2020. ◆ Volatile
Net acquisition of financial assets in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net acquisition of financial assets in Cape Verde is 1.50 billion current LCU, measured in 2020.
The figure is down 52.5% on the previous year and down 58.9% over ten years.
Over the whole period, net acquisition of financial assets in Cape Verde peaked at 5.38 billion current LCU in 2018 and was at its lowest, -7.50 billion current LCU, in 2013.
That places Cape Verde 70th out of 134 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | -870.94 million current LCU | — |
| 2006 | 240.69 million current LCU | -127.6% |
| 2007 | -682.91 million current LCU | -383.7% |
| 2008 | 711.30 million current LCU | -204.2% |
| 2009 | -650.01 million current LCU | -191.4% |
| 2010 | 3.64 billion current LCU | -660.2% |
| 2011 | 4.76 billion current LCU | +30.7% |
| 2012 | -3.33 billion current LCU | -170.0% |
| 2013 | -7.50 billion current LCU | +125.4% |
| 2014 | -6.72 billion current LCU | -10.5% |
| 2015 | -6.57 billion current LCU | -2.2% |
| 2016 | -5.64 billion current LCU | -14.1% |
| 2017 | -682.83 million current LCU | -87.9% |
| 2018 | 5.38 billion current LCU | -887.2% |
| 2019 | 3.16 billion current LCU | -41.3% |
| 2020 | 1.50 billion current LCU | -52.5% |
Cape Verde compared with similar countries
- Cape Verde's 1.50 billion current LCU is below the median for upper middle income countries, which is 4.06 billion current LCU, 37% of the median. (47 countries reporting)
- Cape Verde's 1.50 billion current LCU is above the median for Sub-Saharan Africa, which is 9.05 million current LCU, 165.5× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -250.37 million current LCU | -870.94 million current LCU | 711.30 million current LCU | 5 |
| 2010s | -1.35 billion current LCU | -7.50 billion current LCU | 5.38 billion current LCU | 10 |
| 2020s | 1.50 billion current LCU | 1.50 billion current LCU | 1.50 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 5.84 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2019)
Frequently asked questions
- What is net acquisition of financial assets in Cape Verde?
- Net acquisition of financial assets in Cape Verde was 1.50 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Cape Verde?
- The highest recorded value was 5.38 billion current LCU in 2018.
- What is the lowest net acquisition of financial assets recorded in Cape Verde?
- The lowest recorded value was -7.50 billion current LCU in 2013.
- How does Cape Verde rank for net acquisition of financial assets?
- Cape Verde ranks 70th out of 134 countries with data for 2020.
- Is net acquisition of financial assets rising or falling in Cape Verde?
- Over the last ten years it is down 58.9%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.