Cabo Verde Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Cabo Verde's gross savings was 21.27% in 2025, ranked 89th globally. This represents a 4.9% increase from 2024. Data from World Bank, covering 1980–2025.
Overview
Cabo Verde's gross savings stood at 21.27% in 2025, a rise of +0.99% from 2024. The IMF projects 21.27% by 2025. Cabo Verde ranked 89th globally.
Cabo Verde's Gross Savings have exhibited a significant fluctuation over the past four decades. The country's all-time peak of 43.18 in 1982, albeit during a period of economic isolation, contrasts starkly with the all-time trough of -98.14 in 1980. Notably, Cabo Verde's Gross Savings have made a considerable recovery, standing at 21.27 in 2025, ranking 89 globally. This value is comparable to that of El Salvador, which ranked slightly higher at 21.33. The recent improvement is a testament to Cabo Verde's efforts in economic diversification and investment in human capital. However, the country still faces challenges in achieving sustained economic growth, which would be bolstered by increased foreign investment and private sector development. A significant shift in Cabo Verde's economic trajectory could be driven by a boost in tourism, particularly if the country invests in its infrastructure to accommodate growing demand, potentially leading to an increase in Gross Savings and further economic development.
Data & projection
| Year | Gross Savings | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 18.02% | - | - |
| 2029* IMF | 17.81% | - | - |
| 2028* IMF | 18.03% | - | - |
| 2027* IMF | 18.72% | - | - |
| 2026* IMF | 19.43% | - | - |
| 2025* IMF | 21.27% | - | - |
| 2025 | 21.27% | +0.99% | #89 |
| 2024 | 20.28% | +4.06% | #105 |
| 2023 | 20.81% | +1.63% | #99 |
| 2022 | 19.14% | +1.52% | #113 |
| 2021 | 17.57% | −0.19% | #131 |
| 2020 | 17.55% | −8.44% | #126 |
| 2019 | 24.76% | −0.82% | #75 |
| 2018 | 25.55% | +0.05% | #73 |
| 2017 | 25.59% | −2.47% | #69 |
| 2016 | 28.05% | −1.06% | #39 |
| 2015 | 28.52% | +1.87% | #38 |
| 2014 | 26.61% | −2.18% | #50 |
| 2013 | 29.21% | +0.17% | #42 |
| 2012 | 29.07% | −5.00% | #46 |
| 2011 | 34.07% | −0.51% | #33 |
Detected Pattern
Analysis
Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw gross savings improve within 24 months. View full analysis →
Frequently Asked Questions
Cabo Verde's gross savings was 21.27% in 2025. Ranked 89th globally. This represents a 4.9% increase from the previous year.
Cabo Verde's gross savings peaked at 43.18% in 1982.
The lowest gross savings in Cabo Verde was -98.14% in 1980.
Cabo Verde ranks 89th globally in gross savings as of 2025.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
Cabo Verde's gross savings is projected to reach 21.27% by 2025 based on IMF projection.
The gross savings of Cabo Verde in 2025 was 21.27%. This ranks 89th in the world.
Cite this page
@misc{historysaid_cabo-verde_gross-savings,
title = {Cabo Verde Gross Savings},
url = {https://historysaid.com/cabo-verde/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}