Cabo Verde's net domestic credit (current LCU) was 195.38 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 45.65% from 134.14 billion in 2015 (3.83% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 195.38 billion | 2025 |
| Five years earlier | 159.84 billion | 2020 |
| Ten years earlier | 134.14 billion | 2015 |
| Highest | 195.38 billion | 2025 |
| Lowest | 184.4 million | 1976 |
| Average since 2016 | 168.1 billion | 2016–2025 |
| First recorded | 184.4 million |
What the numbers say
In 2025, Cabo Verde's net domestic credit (current LCU) rose 1.4% on 2024 (from 192.66 billion to 195.38 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +8.5% and a typical year strayed about 7.4% from that (the standard deviation). This year's change was 1.0 standard deviations below 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 175.2% in 1978 and the biggest yearly fall was 2.4% in 2019. 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 the straight-line trend is upward, about 6.76 billion a year. A straight line explains 95% of the movement over 10 observed years.
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 70th highest value of the 104 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
- Guinea-Bissau — 66th of 104: 326.78 billion
- Ghana — 67th of 104: 274.47 billion
- Bhutan — 68th of 104: 244.48 billion
- Namibia — 70th of 104: 179.55 billion
- Zambia — 71st of 104: 172.45 billion
- Macao SAR, China — 72nd of 104: 171.42 billion
What this measures
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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 50 values
| Year | Net domestic credit (current LCU) |
|---|---|
| 2025 | 195,380,713,502 |
| 2024 | 192,655,490,961 |
| 2023 | 190,870,166,054 |
| 2022 | 183,396,304,112 |
| 2021 | 168,584,809,060 |
| 2020 | 159,840,748,750 |
| 2019 | 149,458,185,474 |
| 2018 | 153,203,313,832 |
| 2017 | 148,787,747,621 |
| 2016 | 138,782,459,047 |
Net domestic credit (current LCU) in nearby economies
- Angola — 17.9 trillion (2025)
- Benin — 3.35 trillion (2025)
- Botswana — 119.01 billion (2025)
- Burkina Faso — 5.09 trillion (2025)
- Burundi — 2.81 trillion (2019)
- Cameroon — 4.4 trillion (2019)
- Central African Republic — 318.11 billion (2016)
- Chad — 1.49 trillion (2016)
- Comoros — 157.23 billion (2024)
- Congo, Dem. Rep. — 23.76 trillion (2023)
- Congo, Rep.
More financial sector data for Cabo Verde
- DEC alternative conversion factor (LCU per US$) — US$97.86 (2025)
- Official exchange rate (LCU per US$, period average) — US$97.86 (2025)
- Net foreign assets (current LCU) — 118.67 billion (2025)
- Broad money (current LCU) — 281.73 billion (2025)
- Broad money to total reserves ratio — 2.29 (2025)
- Claims on central government (annual growth as % of broad money) — -2.63% (2025)
- Claims on private sector (annual growth as % of broad money) — 4.11% (2025)
- Broad money (annual % growth) — 9.22% (2025)
- Domestic credit to private sector by banks (% of GDP) — 53.44% (2025)
Reading data like this
Questions people ask
- What is Cabo Verde's net domestic credit (current LCU)?
- 195.38 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is up 105,855% from 184.4 million in 1976 (15.28% a year on average, compounded). The highest value was 195.38 billion in 2025 and the lowest 184.4 million in 1976.
- How does Cabo Verde rank?
- 70th highest of 104 economies with data for 2025.
- Is the latest change in net domestic credit (current LCU) unusual for Cabo Verde?
- In 2025, Cabo Verde's net domestic credit (current LCU) rose 1.4% on 2024 (from 192.66 billion to 195.38 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +8.5% and a typical year strayed about 7.4% from that (the standard deviation). This year's change was 1.0 standard deviations below 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 FM.AST.DOMS.CN, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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