Bank Depositors Statistics in Cape Verde (2026)
Cape Verde recorded commercial bank depositors of 1,525.7 per 1,000 adults in 2023, World Bank World Development Indicators data show. Down from 1,744 per 1,000 adults in 2022 to 1,525.7 per 1,000 adults in 2023. Cape Verde ranks #4 of 35 economies in Sub-Saharan Africa on this measure, and #19 of 95 globally.
Key Statistics
- Latest value (2023)
- 1,525.7 per 1,000 adults (2023)
- Bank Depositors in Cape Verde as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- −12.5% (2023)
- Down from 1,744 per 1,000 adults in 2022 to 1,525.7 per 1,000 adults in 2023.
- CAGR 2004–2023
- +3.1% per year (2023)
- Compound annual growth rate from 855.7 per 1,000 adults in 2004 to 1,525.7 per 1,000 adults in 2023.
- Earliest value in this dataset (2004)
- 855.7 per 1,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 855.7 per 1,000 adults in 2004 to 1,525.7 per 1,000 adults in 2023.
- Peak value (2019)
- 2,057.2 per 1,000 adults (2019)
- Highest value in the available series; the 2023 value is 1,525.7 per 1,000 adults.
- Rank in Sub-Saharan Africa
- #4 of 35 (2023)
- Cape Verde ranks 4 of 35 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #19 of 95 (2023)
- Cape Verde ranks 19 of 95 countries with data globally.
- Sub-Saharan Africa average
- 534.5 per 1,000 adults (2023)
- Cape Verde (1,525.7 per 1,000 adults) is above the average of 534.5 per 1,000 adults across the 35 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 1,444.5 per 1,000 adults (2026)
- Projection based on 7-year trend (CAGR -1.8%); not an official figure.
- Number of depositors with commercial banks per 1,000 adults (2024)
- 1,883.9 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- 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 1,000 adults | Change |
|---|---|---|
| 2023 | 1,526 | −12.5% |
| 2022 | 1,744 | −5.9% |
| 2021 | 1,854 | −1.8% |
| 2020 | 1,888 | −8.2% |
| 2019 | 2,057 | +3.1% |
| 2018 | 1,995 | +3.4% |
| 2017 | 1,929 | +11.3% |
| 2016 | 1,733 | −0.5% |
| 2015 | 1,743 | +4.7% |
| 2014 | 1,664 | +3.7% |
| 2013 | 1,605 | +3.6% |
| 2012 | 1,549 | +5.8% |
| 2011 | 1,465 | +6.9% |
| 2010 | 1,371 | +18.2% |
| 2009 | 1,159 | −11.6% |
| 2008 | 1,311 | +10.3% |
| 2007 | 1,188 | +8.2% |
| 2006 | 1,098 | +6.9% |
| 2005 | 1,027 | +20.0% |
| 2004 | 856 | — |
Frequently asked questions
What is the latest figure for commercial bank depositors in Cape Verde?
Commercial bank depositors in Cape Verde stood at 1,525.7 per 1,000 adults in 2023, according to World Bank World Development Indicators data.
How does Cape Verde compare with other countries in Sub-Saharan Africa?
Cape Verde ranks 4 of 35 countries in Sub-Saharan Africa with data, with 1,525.7 per 1,000 adults versus a regional average of 534.5 per 1,000 adults (latest values per country).
Where does Cape Verde rank globally on bank depositors?
Cape Verde ranks 19 of 95 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could bank depositors in Cape Verde look like in 2026?
A trend-based projection puts it at 1,444.5 per 1,000 adults in 2026. Projection based on 7-year trend (CAGR -1.8%); not an official figure.
When did bank depositors in Cape Verde peak?
The highest value in the available series was 2,057.2 per 1,000 adults in 2019; the latest (2023) value is 1,525.7 per 1,000 adults.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.DPTR.P3, 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 .