Gross debt, General government, Percent of GDP in Cape Verde
Cape Verde: Gross debt, General government, Percent of GDP was 80.7 in 2030. ▲ Rising
Gross debt, General government, Percent of GDP in Cape Verde, 1998–2030
Source: International Monetary Fund.
Analysis
In 2030, gross debt, general government, percent of gdp in Cape Verde stood at 80.7.
Compared with earlier readings it is down 5.2% on the previous year and down 44.1% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Cape Verde peaked at 149.52 in 2021 and was at its lowest, 57.49, in 2008.
That places Cape Verde 31st out of 193 countries with data for 2030, putting it in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Gross debt, General government, Percent of GDP in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 72.94 | — |
| 1999 | 66.36 | -9.0% |
| 2000 | 71.94 | +8.4% |
| 2001 | 62.16 | -13.6% |
| 2002 | 64.66 | +4.0% |
| 2003 | 65.58 | +1.4% |
| 2004 | 67.85 | +3.5% |
| 2005 | 66.71 | -1.7% |
| 2006 | 66.2 | -0.8% |
| 2007 | 59.6 | -10.0% |
| 2008 | 57.49 | -3.5% |
| 2009 | 58.79 | +2.3% |
| 2010 | 73.51 | +25.0% |
| 2011 | 71.56 | -2.7% |
| 2012 | 82.94 | +15.9% |
| 2013 | 93.52 | +12.8% |
| 2014 | 105.7 | +13.0% |
| 2015 | 115.75 | +9.5% |
| 2016 | 115.63 | -0.1% |
| 2017 | 112.99 | -2.3% |
| 2018 | 112.28 | -0.6% |
| 2019 | 109.76 | -2.2% |
| 2020 | 144.28 | +31.5% |
| 2021 | 149.52 | +3.6% |
| 2022 | 127.6 | -14.7% |
| 2023 | 117.52 | -7.9% |
| 2024 | 111.23 | -5.3% |
| 2025 | 106.02 | -4.7% |
| 2026 | 101 | -4.7% |
| 2027 | 95.45 | -5.5% |
| 2028 | 90.19 | -5.5% |
| 2029 | 85.17 | -5.6% |
| 2030 | 80.7 | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 69.65 | 66.36 | 72.94 | 2 |
| 2000s | 64.1 | 57.49 | 71.94 | 10 |
| 2010s | 99.36 | 71.56 | 115.75 | 10 |
| 2020s | 112.8 | 85.17 | 149.52 | 10 |
| 2030s | 80.7 | 80.7 | 80.7 | 1 |
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 gross debt, general government, percent of gdp in Cape Verde?
- Gross debt, general government, percent of gdp in Cape Verde was 80.7 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Cape Verde?
- The highest recorded value was 149.52 in 2021.
- What is the lowest gross debt, general government, percent of gdp recorded in Cape Verde?
- The lowest recorded value was 57.49 in 2008.
- How does Cape Verde rank for gross debt, general government, percent of gdp?
- Cape Verde ranks 31st out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Cape Verde?
- Over the last ten years it is down 44.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October