Cabo Verde—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #92 of 117Updated May 2026
Latest Value
13.5%
2024
YoY Change
-61.8%
2009 → 2024
Global Rank
#92
of 117 countries
Maximum
35.3%
2009
Minimum
13.5%
2024
CAGR
-3.6%
3 years
Last
13.5%
Previous
35.3%
Highest
35.3%
Lowest
13.5%
Source
World Bank World Development Indicators
Cabo Verde's firms using banks to finance investment (%) was 13.5% in 2024, ranking #92 out of 117 countries. This represents a -61.8% change from 2009. Over the past 3 years, the highest recorded value was 35.3% (2009) and the lowest was 13.5% (2024). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 13.5% | -61.8% |
| 2009 | 35.3% | +34.4% |
| 2006 | 26.3% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.