Liabilities, Liabilities to Nonresidents (OFCS) in Cape Verde
Cape Verde: Liabilities, Liabilities to Nonresidents (OFCS) was 278.52 million in 2024. ◆ Volatile
Liabilities, Liabilities to Nonresidents (OFCS) in Cape Verde, 2012–2024
Source: International Monetary Fund.
Analysis
In 2024, liabilities, liabilities to nonresidents (ofcs) in Cape Verde stood at 278.52 million. That is the lowest value across all 13 years on record.
The figure is down 21.6% on the previous year and down 93.9% over ten years.
Over the whole period, liabilities, liabilities to nonresidents (ofcs) in Cape Verde peaked at 6.34 billion in 2019 and was at its lowest, 278.52 million, in 2024.
That places Cape Verde 48th out of 65 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.
Liabilities, Liabilities to Nonresidents (OFCS) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 4.72 billion | — |
| 2013 | 5.91 billion | +25.1% |
| 2014 | 4.58 billion | -22.5% |
| 2015 | 4.67 billion | +2.0% |
| 2016 | 4.85 billion | +3.9% |
| 2017 | 5.26 billion | +8.4% |
| 2018 | 5.49 billion | +4.4% |
| 2019 | 6.34 billion | +15.4% |
| 2020 | 286.25 million | -95.5% |
| 2021 | 316.72 million | +10.6% |
| 2022 | 416.24 million | +31.4% |
| 2023 | 355.19 million | -14.7% |
| 2024 | 278.52 million | -21.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.22 billion | 4.58 billion | 6.34 billion | 8 |
| 2020s | 330.58 million | 278.52 million | 416.24 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 liabilities, liabilities to nonresidents (ofcs) in Cape Verde?
- Liabilities, liabilities to nonresidents (ofcs) in Cape Verde was 278.52 million in 2024, according to International Monetary Fund.
- What is the highest liabilities, liabilities to nonresidents (ofcs) recorded in Cape Verde?
- The highest recorded value was 6.34 billion in 2019.
- What is the lowest liabilities, liabilities to nonresidents (ofcs) recorded in Cape Verde?
- The lowest recorded value was 278.52 million in 2024.
- How does Cape Verde rank for liabilities, liabilities to nonresidents (ofcs)?
- Cape Verde ranks 48th out of 65 countries with data for 2024.
- Is liabilities, liabilities to nonresidents (ofcs) rising or falling in Cape Verde?
- Over the last ten years it is down 93.9%. 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 Liabilities, Liabilities to Nonresidents (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.