Net acquisition of financial assets (% of GDP) in Cape Verde
Cape Verde: Net acquisition of financial assets (% of GDP) 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 (% of GDP) 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% |
Cape Verde compared with similar countries
- Cape Verde's 0.8% is below the median for upper middle income countries, which is 0.9%, 100% of the median. (47 countries reporting)
- Cape Verde's 0.8% is above the median for Sub-Saharan Africa, which is 0.0%, 234.6× the median. (33 countries reporting)
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
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 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.