Broad money to total reserves ratio in Cape Verde

Cape Verde: Broad money to total reserves ratio was 2.81 ratio in 2023. ▼ Falling

Latest (2023)
2.81 ratio
Change on year
down 4.4%
World rank
80th
of 152 countries
All-time high
12.31 ratio
in 2000
All-time low
2.74 ratio
in 2019
Years of data
24
2000–2023

Broad money to total reserves ratio in Cape Verde, 2000–2023

246810122000201120232000: 12.3 ratio2001: 8.1 ratio2002: 5.8 ratio2003: 6.2 ratio2004: 5.1 ratio2005: 4.7 ratio2006: 3.8 ratio2007: 3.2 ratio2008: 3.7 ratio2009: 3.3 ratio2010: 3.5 ratio2011: 4.3 ratio2012: 3.8 ratio2013: 3.5 ratio2014: 3.5 ratio2015: 3.2 ratio2016: 3 ratio2017: 3 ratio2018: 3.2 ratio2019: 2.7 ratio2020: 2.9 ratio2021: 3 ratio2022: 2.9 ratio2023: 2.8 ratio

Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.

Analysis

The most recent figure for broad money to total reserves ratio in Cape Verde is 2.81 ratio, measured in 2023.

Compared with earlier readings it is down 4.4% on the previous year and down 19.3% over ten years.

Over the whole period, broad money to total reserves ratio in Cape Verde peaked at 12.31 ratio in 2000 and was at its lowest, 2.74 ratio, in 2019.

That places Cape Verde 80th out of 152 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.63 ratio 3.22 ratio 12.31 ratio 10
2010s 3.37 ratio 2.74 ratio 4.32 ratio 10
2020s 2.91 ratio 2.81 ratio 2.97 ratio 4

Countries ranked near Cape Verde

  1. 77 Mozambique 2.88 ratio compare
  2. 78 Papua New Guinea 2.85 ratio compare
  3. 79 Gabon 2.82 ratio compare
  4. 80 Dominica 2.81 ratio compare
  5. 82 Poland 2.78 ratio compare
  6. 83 Guatemala 2.77 ratio compare
  7. 83 Hungary 2.77 ratio compare

See the full ranking of 152 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is broad money to total reserves ratio in Cape Verde?
Broad money to total reserves ratio in Cape Verde was 2.81 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
What is the highest broad money to total reserves ratio recorded in Cape Verde?
The highest recorded value was 12.31 ratio in 2000.
What is the lowest broad money to total reserves ratio recorded in Cape Verde?
The lowest recorded value was 2.74 ratio in 2019.
How does Cape Verde rank for broad money to total reserves ratio?
Cape Verde ranks 80th out of 152 countries with data for 2023.
Is broad money to total reserves ratio rising or falling in Cape Verde?
Over the last ten years it is down 19.3%. The long-run trend across the full record is falling.
Where does this Cape Verde data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Broad money to total reserves ratio
Unit
ratio
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 3,350 data points, 2000–2023
Last refreshed

Broad money to total reserves ratio