Cabo Verde's gross domestic savings (current LCU) was 18.04 billion in 2025, the latest year in the World Bank's World Development Indicators. That is down 40.28% from 30.21 billion in 2015 (5.02% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18.04 billion | 2025 |
| Five years earlier | 2.04 billion | 2020 |
| Ten years earlier | 30.21 billion | 2015 |
| Highest | 34.91 billion | 2008 |
| Lowest | -3.84 billion | 2021 |
| Average since 2016 | 16.08 billion | 2016–2025 |
| First recorded | 27.34 billion |
What the numbers say
In 2025, Cabo Verde's gross domestic savings (current LCU) rose 4.85 billion on 2024 (from 13.19 billion to 18.04 billion).
Across the 17 yearly changes before that (2008 to 2024), the average change was −832.02 million and a typical year strayed about 8.11 billion from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 9.15 billion in 2022 and the biggest yearly fall was 27.33 billion in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 there is no clear straight-line trend: a straight line explains 27% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Cabo Verde had the 106th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Cabo Verde in the 2025 ranking
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.
All 19 values
| Year | Gross domestic savings (current LCU) |
|---|---|
| 2025 | 18,038,782,000 |
| 2024 | 13,193,340,800 |
| 2023 | 13,395,306,000 |
| 2022 | 5,310,583,000 |
| 2021 | -3,836,275,000 |
| 2020 | 2,036,865,000 |
| 2019 | 29,368,738,000 |
| 2018 | 27,500,444,000 |
| 2017 | 26,108,933,000 |
| 2016 | 29,731,397,000 |
Gross domestic savings (current LCU) in nearby economies
- Angola — 23.45 trillion (2024)
- Benin — 4.69 trillion (2025)
- Botswana — 61.2 billion (2025)
- Burkina Faso — 3.57 trillion (2025)
- Burundi — 5.08 trillion (2025)
- Cameroon — 4.47 trillion (2025)
- Central African Republic — -87.66 billion (2025)
- Chad — 4.13 trillion (2025)
- Comoros — -82.72 billion (2025)
- Congo, Dem. Rep. — 76.32 trillion (2025)
- Congo, Rep.
More economic policy & debt data for Cabo Verde
- Grants, excluding technical cooperation (BoP, current US$) — US$42.27 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$33.96 million (2023)
- Net official development assistance and official aid received (current US$) — US$101.71 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$101.71 million (2023)
- Net official development assistance received (current US$) — US$101.71 million (2023)
- Net official development assistance received (constant 2023 US$) — US$101.71 million (2023)
- Net ODA received per capita (current US$) — US$194.72 (2023)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Cabo Verde's gross domestic savings (current LCU)?
- 18.04 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 34.01% from 27.34 billion in 2007 (2.28% a year on average, compounded). The highest value was 34.91 billion in 2008 and the lowest -3.84 billion in 2021.
- How does Cabo Verde rank?
- 106th highest of 132 economies with data for 2025.
- Is the latest change in gross domestic savings (current LCU) unusual for Cabo Verde?
- In 2025, Cabo Verde's gross domestic savings (current LCU) rose 4.85 billion on 2024 (from 13.19 billion to 18.04 billion). Across the 17 yearly changes before that (2008 to 2024), the average change was −832.02 million and a typical year strayed about 8.11 billion from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDS.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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