Deposit Interest Rate in Cape Verde increased to 1.67 percent in 2024 from 0.76 percent in 2023. Deposit Interest Rate in Cape Verde averaged 3.46 percent from 1985 until 2024, reaching an all time high of 5.27 percent in 1998 and a record low of 0.67 percent in 2021. source: World Bank

Deposit Interest Rate in Cape Verde is expected to reach 1.17 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Cape Verde is projected to trend around 0.67 percent in 2026 and 0.17 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 303077.88 300675.00 CVE Million Jun 2025
Deposit Interest Rate 1.67 0.76 percent Dec 2024
Foreign Exchange Reserves 96765.70 93340.80 CVE Million Jun 2025
Interest Rate 2.50 2.50 percent Aug 2025
Money Supply M0 129713.00 127801.10 CVE Million Jun 2025
Money Supply M1 129854.90 128452.00 CVE Million Jun 2025
Money Supply M2 259567.90 256253.10 CVE Million Jun 2025



Deposit Interest Rate in Cape Verde
The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits.
Actual Previous Highest Lowest Dates Unit Frequency
1.67 0.76 5.27 0.67 1985 - 2024 percent Yearly