Debt service (PPG and IMF only, % of exports of goods, services and) in Cape Verde
Cape Verde: Debt service (PPG and IMF only, % of exports of goods, services and) was 10.8% in 2024. ▬ Flat
Debt service (PPG and IMF only, % of exports of goods, services and) in Cape Verde, 1999–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
Cape Verde recorded 10.8% for debt service (ppg and imf only, % of exports of goods, services and) in 2024.
That represents a change of down 14.1% on the previous year and up 126.9% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Cape Verde peaked at 15.8% in 1999 and was at its lowest, 4.3%, in 2008.
That places Cape Verde 33rd out of 118 countries with data for 2024, putting it in the middle of the range.
Debt service (PPG and IMF only, % of exports of goods, services and) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 15.8% | — |
| 2000 | 11.1% | -29.7% |
| 2001 | 8.2% | -26.2% |
| 2002 | 11.9% | +45.2% |
| 2003 | 7.3% | -38.8% |
| 2004 | 7.9% | +9.1% |
| 2005 | 9.6% | +20.8% |
| 2006 | 6.4% | -32.8% |
| 2007 | 5.0% | -22.6% |
| 2008 | 4.3% | -14.6% |
| 2009 | 5.6% | +32.4% |
| 2010 | 5.4% | -3.3% |
| 2011 | 4.7% | -12.8% |
| 2012 | 4.5% | -4.1% |
| 2013 | 4.6% | +0.1% |
| 2014 | 4.8% | +4.5% |
| 2015 | 6.2% | +30.9% |
| 2016 | 5.9% | -5.1% |
| 2017 | 6.1% | +4.0% |
| 2018 | 5.6% | -8.9% |
| 2019 | 5.8% | +4.4% |
| 2020 | 13.2% | +126.1% |
| 2021 | 11.2% | -15.2% |
| 2022 | 9.9% | -11.7% |
| 2023 | 12.6% | +27.2% |
| 2024 | 10.8% | -14.1% |
Cape Verde compared with similar countries
- Cape Verde's 10.8% is above the median for upper middle income countries, which is 7.8%, 1.4× the median. (50 countries reporting)
- Cape Verde's 10.8% is above the median for Sub-Saharan Africa, which is 8.0%, 1.3× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Debt service (PPG and IMF only, % of exports of goods, services and) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +126.1% | 5.8% | 13.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.8% | 15.8% | 15.8% | 1 |
| 2000s | 7.7% | 4.3% | 11.9% | 10 |
| 2010s | 5.4% | 4.5% | 6.2% | 10 |
| 2020s | 11.5% | 9.9% | 13.2% | 5 |
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 service (ppg and imf only, % of exports of goods, services and) in Cape Verde?
- Debt service (ppg and imf only, % of exports of goods, services and) in Cape Verde was 10.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Cape Verde?
- The highest recorded value was 15.8% in 1999.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Cape Verde?
- The lowest recorded value was 4.3% in 2008.
- How does Cape Verde rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Cape Verde ranks 33rd out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Cape Verde?
- Over the last ten years it is up 126.9%. The long-run trend across the full record is flat.
- Where does this Cape Verde data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.