ATM Density Statistics in Cape Verde (2026)
As of 2023, ATM density in Cape Verde was 49 per 100,000 adults, per World Bank World Development Indicators data. Up from 48.4 per 100,000 adults in 2022 to 49 per 100,000 adults in 2023. Cape Verde ranks #4 of 42 economies in Sub-Saharan Africa on this measure, and #70 of 174 globally.
Key Statistics
- Latest value (2023)
- 49 per 100,000 adults (2023)
- ATM Density in Cape Verde as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +1.3% (2023)
- Up from 48.4 per 100,000 adults in 2022 to 49 per 100,000 adults in 2023.
- CAGR 2004–2023
- +7.6% per year (2023)
- Compound annual growth rate from 12.3 per 100,000 adults in 2004 to 49 per 100,000 adults in 2023.
- Earliest value in this dataset (2004)
- 12.3 per 100,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 12.3 per 100,000 adults in 2004 to 49 per 100,000 adults in 2023.
- Record high (2023)
- 49 per 100,000 adults (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Cape Verde.
- Rank in Sub-Saharan Africa
- #4 of 42 (2023)
- Cape Verde ranks 4 of 42 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #70 of 174 (2023)
- Cape Verde ranks 70 of 174 countries with data globally.
- Sub-Saharan Africa average
- 15.1 per 100,000 adults (2023)
- Cape Verde (49 per 100,000 adults) is above the average of 15.1 per 100,000 adults across the 42 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 51.9 per 100,000 adults (2026)
- Projection based on 7-year trend (CAGR 1.9%); not an official figure.
- Number of automated teller machines (ATMs) per 100,000 adults (2024)
- 59.4 per 100,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Automated teller machines (ATMs) country wide (number) (2024)
- 232 (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in Cape Verde (2024)
- 74.7% (2024)
- 74.7% of the population in Cape Verde used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 524,877 (2024)
- Cape Verde had a population of 524,877 in 2024 (World Bank); shown for scale only.
Trend, 2004–2023
| Year | per 100,000 adults | Change |
|---|---|---|
| 2023 | 49 | +1.3% |
| 2022 | 48.4 | +0.4% |
| 2021 | 48.2 | +3.0% |
| 2020 | 46.8 | −4.4% |
| 2019 | 49 | +5.7% |
| 2018 | 46.4 | +5.0% |
| 2017 | 44.2 | +2.9% |
| 2016 | 42.9 | −0.6% |
| 2015 | 43.1 | −3.0% |
| 2014 | 44.5 | +2.9% |
| 2013 | 43.2 | −1.4% |
| 2012 | 43.8 | +5.1% |
| 2011 | 41.7 | +4.8% |
| 2010 | 39.8 | +12.9% |
| 2009 | 35.2 | +9.1% |
| 2008 | 32.3 | +24.8% |
| 2007 | 25.9 | +37.7% |
| 2006 | 18.8 | +32.5% |
| 2005 | 14.2 | +15.4% |
| 2004 | 12.3 | — |
Frequently asked questions
What is the latest figure for ATM density in Cape Verde?
ATM density in Cape Verde stood at 49 per 100,000 adults in 2023, according to World Bank World Development Indicators data.
How recent is the atm density data for Cape Verde?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Cape Verde.
Where does the atm density data for Cape Verde come from?
The data comes from the World Bank World Development Indicators (indicator FB.ATM.TOTL.P5). The latest observation for Cape Verde is from 2023; the snapshot was retrieved on 2026-06-10.
How has atm density in Cape Verde changed over time?
World Bank World Development Indicators data show a rise from 12.3 per 100,000 adults in 2004 to 49 per 100,000 adults in 2023.
How does Cape Verde compare with other countries in Sub-Saharan Africa?
Cape Verde ranks 4 of 42 countries in Sub-Saharan Africa with data, with 49 per 100,000 adults versus a regional average of 15.1 per 100,000 adults (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.ATM.TOTL.P5, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .