Net acquisition of financial assets in Cape Verde
Cape Verde: Net acquisition of financial assets was 0.8% 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 % of GDP.
Analysis
In 2020, net acquisition of financial assets in Cape Verde stood at 0.8%.
That represents a change of down 40.3% on the previous year and down 64.6% over ten years.
Over the whole period, net acquisition of financial assets in Cape Verde peaked at 2.9% in 2011 and was at its lowest, -4.5%, in 2013.
That places Cape Verde 66th 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 in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -1.0% | — |
| 2006 | 0.2% | -124.5% |
| 2007 | -0.5% | -307.8% |
| 2008 | 0.5% | -193.8% |
| 2009 | -0.4% | -191.0% |
| 2010 | 2.4% | -646.5% |
| 2011 | 2.9% | +22.4% |
| 2012 | -2.0% | -168.7% |
| 2013 | -4.5% | +120.9% |
| 2014 | -4.0% | -11.0% |
| 2015 | -3.8% | -4.6% |
| 2016 | -3.1% | -19.0% |
| 2017 | -0.3% | -88.6% |
| 2018 | 2.6% | -846.4% |
| 2019 | 1.4% | -45.5% |
| 2020 | 0.8% | -40.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.2% | -1.0% | 0.5% | 5 |
| 2010s | -0.8% | -4.5% | 2.9% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 1 |
Countries ranked near Cape Verde
- 63 Bolivia, Plurinational State of 0.9%
- 64 Mali 0.9% compare
- 65 Sri Lanka 0.9% compare
- 67 Lao People's Democratic Republic 0.8% compare
- 68 South Africa 0.8% compare
- 69 Serbia 0.8% compare
More public sector data for Cape Verde
- 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)
- Military expenditure (current USD), per capita 32.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.83 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 744.42 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 3,562 current USD per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Cape Verde?
- Net acquisition of financial assets in Cape Verde was 0.8% 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 2.9% in 2011.
- What is the lowest net acquisition of financial assets recorded in Cape Verde?
- The lowest recorded value was -4.5% in 2013.
- How does Cape Verde rank for net acquisition of financial assets?
- Cape Verde ranks 66th 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 64.6%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.