Bank Interest Rate Spread Statistics in Cape Verde (2026)
As of 2024, the bank interest rate spread in Cape Verde was 6.1 percentage points, per World Bank World Development Indicators data. Down from 6.8 percentage points in 2023 to 6.1 percentage points in 2024 (−0.7 percentage points). Cape Verde ranks #11 of 25 economies in Sub-Saharan Africa on this measure, and #65 of 105 globally.
Key Statistics
- Latest value (2024)
- 6.1 percentage points (2024)
- Bank Interest Rate Spread in Cape Verde as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.7 pp (2024)
- Down from 6.8 percentage points in 2023 to 6.1 percentage points in 2024 (−0.7 percentage points).
- Earliest value in this dataset (2006)
- 7.5 percentage points (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 7.5 percentage points in 2006 to 6.1 percentage points in 2024.
- Peak value (2009)
- 8.1 percentage points (2009)
- Highest value in the available series; the 2024 value is 6.1 percentage points.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #11 of 25 (2024)
- Cape Verde ranks 11 of 25 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #65 of 105 (2024)
- Cape Verde ranks 65 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 11.3 percentage points (2024)
- Cape Verde (6.1 percentage points) is below the average of 11.3 percentage points across the 25 countries in Sub-Saharan Africa with data.
- Lending interest rate (%) (2024)
- 7.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 1.7% (2024)
- Related indicator from World Bank World Development Indicators.
- 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, 2006–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 6.1 | −9.6% |
| 2023 | 6.8 | −1.4% |
| 2022 | 6.9 | −1.3% |
| 2021 | 7 | −4.9% |
| 2020 | 7.3 | −4.8% |
| 2019 | 7.7 | +7.9% |
| 2018 | 7.1 | +2.3% |
| 2017 | 7 | −0.2% |
| 2016 | 7 | −7.5% |
| 2015 | 7.5 | +1.7% |
| 2014 | 7.4 | +16.8% |
| 2013 | 6.3 | +3.8% |
| 2012 | 6.1 | −5.4% |
| 2011 | 6.5 | −18.5% |
| 2010 | 7.9 | −2.1% |
| 2009 | 8.1 | +31.0% |
| 2008 | 6.2 | −14.9% |
| 2007 | 7.3 | −2.7% |
| 2006 | 7.5 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Cape Verde?
The bank interest rate spread in Cape Verde stood at 6.1 percentage points in 2024, according to World Bank World Development Indicators data.
Where does Cape Verde rank globally on bank interest rate spread?
Cape Verde ranks 65 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in Cape Verde peak?
The highest value in the available series was 8.1 percentage points in 2009; the latest (2024) value is 6.1 percentage points.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, 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 .