Cabo Verde's gross savings (current LCU) was 63.24 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 27.51% from 49.6 billion in 2015 (2.46% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 63.24 billion | 2025 |
| Five years earlier | 30.94 billion | 2020 |
| Ten years earlier | 49.6 billion | 2015 |
| Highest | 63.24 billion | 2025 |
| Lowest | 30.94 billion | 2020 |
| Average since 2016 | 49.12 billion | 2016–2025 |
| First recorded | 49.08 billion |
What the numbers say
In 2025, Cabo Verde's gross savings (current LCU) rose 12.9% on 2024 (from 56.02 billion to 63.24 billion).
Across the 17 yearly changes before that (2008 to 2024), the average change was +2.2% and a typical year strayed about 16.1% 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 34.2% in 2022 and the biggest yearly fall was 43.7% 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 5% 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 75th highest value of the 100 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
- Belarus — 71st of 100: 72.76 billion
- Portugal — 72nd of 100: 67 billion
- Finland — 73rd of 100: 64.93 billion
- Gambia, The — 75th of 100: 47.76 billion
- Ecuador — 76th of 100: 35.43 billion
- Azerbaijan — 77th of 100: 30.29 billion
What this measures
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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 savings (current LCU) |
|---|---|
| 2025 | 63,243,691,603 |
| 2024 | 56,018,561,940 |
| 2023 | 53,060,049,055 |
| 2022 | 45,097,534,552 |
| 2021 | 33,613,137,327 |
| 2020 | 30,940,558,541 |
| 2019 | 54,928,318,269 |
| 2018 | 52,635,326,459 |
| 2017 | 49,977,803,407 |
| 2016 | 51,730,947,461 |
| 2015 |
Gross savings (current LCU) in nearby economies
- Angola — 16.51 trillion (2024)
- Benin — 3.61 trillion (2023)
- Botswana — 76.02 billion (2025)
- Burkina Faso — 2.23 trillion (2024)
- Burundi — 7.73 trillion (2025)
- Cameroon — 5.02 trillion (2024)
- Comoros — 80.36 billion (2023)
- Congo, Dem. Rep. — 69.91 trillion (2025)
- Congo, Rep. — 2.6 trillion (2021)
- Côte d'Ivoire — 9.06 trillion (2024)
- Eswatini — 16.19 billion (2024)
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 savings (current LCU)?
- 63.24 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 28.85% from 49.08 billion in 2007 (1.42% a year on average, compounded). The highest value was 63.24 billion in 2025 and the lowest 30.94 billion in 2020.
- How does Cabo Verde rank?
- 75th highest of 100 economies with data for 2025.
- Is the latest change in gross savings (current LCU) unusual for Cabo Verde?
- In 2025, Cabo Verde's gross savings (current LCU) rose 12.9% on 2024 (from 56.02 billion to 63.24 billion). Across the 17 yearly changes before that (2008 to 2024), the average change was +2.2% and a typical year strayed about 16.1% 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.GNS.ICTR.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in