Financial account balance (assets less liabilities), Net (net) in Cape Verde
Cape Verde: Financial account balance (assets less liabilities), Net (net) was 110.82 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
Cape Verde recorded 110.82 million for financial account balance (assets less liabilities), net (net) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 262.1% on the previous year and up 161.5% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Cape Verde peaked at 110.82 million in 2024 and was at its lowest, -326.77 million, in 2011.
That places Cape Verde 74th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -18.23 million | — |
| 2006 | -75.21 million | +312.5% |
| 2007 | -171.28 million | +127.7% |
| 2008 | -286.30 million | +67.2% |
| 2009 | -232.53 million | -18.8% |
| 2010 | -269.60 million | +15.9% |
| 2011 | -326.77 million | +21.2% |
| 2012 | -257.06 million | -21.3% |
| 2013 | -103.17 million | -59.9% |
| 2014 | -180.15 million | +74.6% |
| 2015 | -80.60 million | -55.3% |
| 2016 | -55.43 million | -31.2% |
| 2017 | -104.50 million | +88.5% |
| 2018 | -108.25 million | +3.6% |
| 2019 | -24.91 million | -77.0% |
| 2020 | -235.54 million | +845.7% |
| 2021 | -158.93 million | -32.5% |
| 2022 | -58.30 million | -63.3% |
| 2023 | -68.38 million | +17.3% |
| 2024 | 110.82 million | -262.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -156.71 million | -286.30 million | -18.23 million | 5 |
| 2010s | -151.04 million | -326.77 million | -24.91 million | 10 |
| 2020s | -82.06 million | -235.54 million | 110.82 million | 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 financial account balance (assets less liabilities), net (net) in Cape Verde?
- Financial account balance (assets less liabilities), net (net) in Cape Verde was 110.82 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Cape Verde?
- The highest recorded value was 110.82 million in 2024.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Cape Verde?
- The lowest recorded value was -326.77 million in 2011.
- How does Cape Verde rank for financial account balance (assets less liabilities), net (net)?
- Cape Verde ranks 74th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Cape Verde?
- Over the last ten years it is up 161.5%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.