Cabo Verde—Gross National Savings (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #17 of 43Updated August 2026
Latest Value
19.8%
2027
YoY Change
-4.7%
2026 → 2027
Global Rank
#17
of 43 countries
Maximum
37.6%
2005
Minimum
15.9%
2023
CAGR
-1.7%
24 years
Last
19.8%
Previous
20.8%
Highest
37.6%
Lowest
15.9%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Cabo Verde's gross national savings (% of GDP) was 20.8% in 2026, ranking #17 out of 43 countries. This represents a -4.7% change from 2026. Over the past 23 years, the highest recorded value was 37.6% (2005) and the lowest was 15.9% (2023). The IMF WEO projects 19.8% by 2027. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | 19.8% | -4.7% |
| 2026 | 20.8% | -19.8% |
| 2025 | 26.0% | +29.3% |
| 2024 | 20.1% | +26.1% |
| 2023 | 15.9% | -13.7% |
| 2022 | 18.5% | +4.7% |
| 2021 | 17.6% | -0.8% |
| 2020 | 17.8% | -31.7% |
| 2019 | 26.0% | +1.6% |
| 2018 | 25.6% | +0.3% |
| 2017 | 25.5% | -9.1% |
| 2016 | 28.1% | -3.6% |
| 2015 | 29.1% | +9.2% |
| 2014 | 26.7% | -7.4% |
| 2013 | 28.8% | -0.9% |
| 2012 | 29.0% | -14.8% |
| 2011 | 34.1% | -1.5% |
| 2010 | 34.6% | +4.0% |
| 2009 | 33.2% | -11.2% |
| 2008 | 37.4% | +1.5% |
| 2007 | 36.9% | +4.5% |
| 2006 | 35.3% | -6.1% |
| 2005 | 37.6% | +26.3% |
| 2004 | 29.8% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 20.8% | -19.8% |
| 2027Forecast | 19.8% | -4.7% |
Top Countries — Gross National Savings (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Chad | 35.1% | 2026 |
| 2 | Zambia | 34.8% | 2026 |
| 3 | Gabon | 34.1% | 2026 |
| 4 | Tanzania | 33.0% | 2026 |
| 5 | Lesotho | 30.4% | 2026 |
| 6 | Benin | 29.8% | 2026 |
| 7 | Botswana | 28.0% | 2026 |
| 8 | Burkina Faso | 28.0% | 2026 |
| 9 | Equatorial Guinea | 27.3% | 2026 |
| 10 | Nigeria | 26.4% | 2026 |
About This Indicator
Definition
Gross national savings as a percentage of GDP. The aggregate of savings by households, businesses, and government.
Methodology
GDP minus total consumption plus net income from abroad. Represents the portion of national income not consumed.
Unit
Percent of GDP