Debt on Concessional terms to GDP in Cape Verde
Cape Verde: Debt on Concessional terms to GDP was 44.2% in 2011. ▲ Rising
Debt on Concessional terms to GDP in Cape Verde, 1981–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
The most recent figure for debt on concessional terms to gdp in Cape Verde is 44.2%, measured in 2011.
Compared with earlier readings it is down 0.9% on the previous year and down 18.1% over ten years.
Over the whole period, debt on concessional terms to gdp in Cape Verde peaked at 55.6% in 2002 and was at its lowest, 16.0%, in 1981.
Cape Verde ranks 6th of 50 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Debt on Concessional terms to GDP in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 16.0% | — |
| 1982 | 21.3% | +32.7% |
| 1983 | 24.8% | +16.9% |
| 1984 | 32.8% | +31.9% |
| 1985 | 43.1% | +31.5% |
| 1986 | 36.5% | -15.3% |
| 1987 | 34.1% | -6.4% |
| 1988 | 32.5% | -4.8% |
| 1989 | 34.7% | +6.8% |
| 1990 | 30.6% | -11.8% |
| 1991 | 30.5% | -0.2% |
| 1992 | 29.2% | -4.4% |
| 1993 | 21.9% | -25.1% |
| 1994 | 32.7% | +49.6% |
| 1995 | 30.2% | -7.7% |
| 1996 | 30.8% | +2.2% |
| 1997 | 33.0% | +6.9% |
| 1998 | 37.1% | +12.5% |
| 1999 | 43.4% | +17.0% |
| 2000 | 49.9% | +15.0% |
| 2001 | 54.0% | +8.2% |
| 2002 | 55.6% | +3.0% |
| 2003 | 48.0% | -13.6% |
| 2004 | 44.8% | -6.8% |
| 2005 | 44.2% | -1.3% |
| 2006 | 43.5% | -1.6% |
| 2007 | 40.6% | -6.7% |
| 2008 | 37.9% | -6.6% |
| 2009 | 40.7% | +7.2% |
| 2010 | 44.6% | +9.7% |
| 2011 | 44.2% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 30.6% | 16.0% | 43.1% | 9 |
| 1990s | 31.9% | 21.9% | 43.4% | 10 |
| 2000s | 45.9% | 37.9% | 55.6% | 10 |
| 2010s | 44.4% | 44.2% | 44.6% | 2 |
Countries ranked near Cape Verde
More external debt data for Cape Verde
- IFC, private nonguaranteed 925,051 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.76 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 6,183 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.8% (2024)
- Net financial flows, IDA 36.40 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 69.35 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0134 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -1.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 10.7% (2024)
Frequently asked questions
- What is debt on concessional terms to gdp in Cape Verde?
- Debt on concessional terms to gdp in Cape Verde was 44.2% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on concessional terms to gdp recorded in Cape Verde?
- The highest recorded value was 55.6% in 2002.
- What is the lowest debt on concessional terms to gdp recorded in Cape Verde?
- The lowest recorded value was 16.0% in 1981.
- How does Cape Verde rank for debt on concessional terms to gdp?
- Cape Verde ranks 6th out of 50 countries with data for 2011.
- Is debt on concessional terms to gdp rising or falling in Cape Verde?
- Over the last ten years it is down 18.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Concessional Long-term Debt Outstanding and Disbursed (LDOD) conveys information about the borrower's receipt of aid from official lenders at concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. LDOD is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services.