Cabo Verde Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Cabo Verde's interest rate spread was 6.04% in 2025, ranked 37th globally. This represents a 1.4% decrease from 2024. Data from World Bank, covering 2006–2025.
Overview
Cabo Verde's interest rate spread stood at 6.04% in 2025, a decline of +0.09pp from 2024. Based on recent trends, this figure is projected to reach 6.04% by 2025. Cabo Verde ranked 37th globally.
Cabo Verde’s interest‑rate spread has narrowed steadily over the past two decades, falling from 7.47 % in 2006 to a trough of 6.04 % in 2025, the lowest level recorded since the series began. The spread peaked at 8.09 % in 2009, a reflection of heightened financing frictions during the global financial crisis, before the gradual decline that accompanied reforms in the banking sector and improved monetary policy transmission. With a 2025 spread of 6.04 %, the archipelago ranks 37th worldwide, closely matching Grenada’s 6.07 % and slightly above Belarus’s 5.81 %, indicating a competitive position among small open economies. The persistent compression suggests that credit markets are becoming more efficient, yet further reductions will depend on sustaining low inflation, deepening financial intermediation, and avoiding external shocks that could widen borrowing costs. Continued policy focus on financial stability is likely to keep the spread on a modest downward trajectory.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 5.53% | - | - |
| 2026* trend | 5.78% | - | - |
| 2025* trend | 6.04% | - | - |
| 2025 | 6.04% | −0.09pp | #37 |
| 2024 | 6.12% | −0.64pp | #50 |
| 2023 | 6.77% | −0.09pp | #62 |
| 2022 | 6.86% | −0.09pp | #62 |
| 2021 | 6.95% | −0.36pp | #68 |
| 2020 | 7.31% | −0.37pp | #72 |
| 2019 | 7.68% | +0.56pp | #75 |
| 2018 | 7.12% | +0.16pp | #74 |
| 2017 | 6.96% | −0.01pp | #77 |
| 2016 | 6.97% | −0.57pp | #76 |
| 2015 | 7.54% | +0.13pp | #88 |
| 2014 | 7.41% | +1.07pp | #88 |
| 2013 | 6.35% | +0.23pp | #72 |
| 2012 | 6.11% | −0.35pp | #65 |
| 2011 | 6.46% | −1.47pp | #69 |
Detected Pattern
Analysis
Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Cabo Verde's interest rate spread was 6.04% in 2025. Ranked 37th globally. This represents a 1.4% decrease from the previous year.
Cabo Verde's interest rate spread peaked at 8.09% in 2009.
The lowest interest rate spread in Cabo Verde was 6.04% in 2025.
Cabo Verde ranks 37th globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
Cabo Verde's interest rate spread is projected to reach 6.04% by 2025 based on trend extrapolation.
The interest rate spread of Cabo Verde in 2025 was 6.04%. This ranks 37th in the world.
Cite this page
@misc{historysaid_cabo-verde_interest-rate-spread,
title = {Cabo Verde Interest Rate Spread},
url = {https://historysaid.com/cabo-verde/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}