Net investment in nonfinancial assets (% of GDP) in Cape Verde
Cape Verde: Net investment in nonfinancial assets (% of GDP) was 3.4% in 2020. ▼ Falling
Net investment in nonfinancial 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 investment in nonfinancial assets in Cape Verde stood at 3.4%.
Compared with earlier readings it is down 12.8% on the previous year and down 75.9% over ten years.
Over the whole period, net investment in nonfinancial assets in Cape Verde peaked at 13.9% in 2010 and was at its lowest, 3.0%, in 2016.
That places Cape Verde 61st out of 156 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Net investment in nonfinancial assets (% of GDP) in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 8.1% | — |
| 2006 | 8.6% | +6.5% |
| 2007 | 4.7% | -45.4% |
| 2008 | 7.7% | +63.2% |
| 2009 | 8.9% | +15.5% |
| 2010 | 13.9% | +56.7% |
| 2011 | 9.0% | -35.2% |
| 2012 | 10.7% | +19.0% |
| 2013 | 9.8% | -8.3% |
| 2014 | 5.6% | -42.9% |
| 2015 | 5.1% | -9.7% |
| 2016 | 3.0% | -40.5% |
| 2017 | 5.0% | +67.1% |
| 2018 | 3.9% | -23.0% |
| 2019 | 3.9% | -0.7% |
| 2020 | 3.4% | -12.8% |
Cape Verde compared with similar countries
- Cape Verde's 3.4% is above the median for upper middle income countries, which is 2.6%, 1.3× the median. (47 countries reporting)
- Cape Verde's 3.4% is below the median for Sub-Saharan Africa, which is 4.7%, 71% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.6% | 4.7% | 8.9% | 5 |
| 2010s | 7.0% | 3.0% | 13.9% | 10 |
| 2020s | 3.4% | 3.4% | 3.4% | 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 investment in nonfinancial assets in Cape Verde?
- Net investment in nonfinancial assets in Cape Verde was 3.4% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Cape Verde?
- The highest recorded value was 13.9% in 2010.
- What is the lowest net investment in nonfinancial assets recorded in Cape Verde?
- The lowest recorded value was 3.0% in 2016.
- How does Cape Verde rank for net investment in nonfinancial assets?
- Cape Verde ranks 61st out of 156 countries with data for 2020.
- Is net investment in nonfinancial assets rising or falling in Cape Verde?
- Over the last ten years it is down 75.9%. The long-run trend across the full record is falling.
- 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 investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.