Multilateral debt service in Cape Verde
Cape Verde: Multilateral debt service was 50.8% in 2024. ▲ Rising
Multilateral debt service in Cape Verde, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in Cape Verde stood at 50.8%.
That represents a change of up 13.6% on the previous year and down 15.6% over ten years.
Over the whole period, multilateral debt service in Cape Verde peaked at 90.3% in 1995 and was at its lowest, 24.1%, in 1982.
That places Cape Verde 47th out of 123 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Multilateral debt service in Cape Verde, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1981 | 49.6% | — |
| 1982 | 24.1% | -51.4% |
| 1983 | 40.5% | +68.1% |
| 1984 | 34.8% | -14.1% |
| 1985 | 41.1% | +18.3% |
| 1986 | 34.1% | -17.0% |
| 1987 | 61.1% | +79.0% |
| 1988 | 66.5% | +8.9% |
| 1989 | 65.8% | -1.1% |
| 1990 | 65.3% | -0.8% |
| 1991 | 78.6% | +20.4% |
| 1992 | 67.1% | -14.7% |
| 1993 | 80.9% | +20.7% |
| 1994 | 88.7% | +9.6% |
| 1995 | 90.3% | +1.8% |
| 1996 | 88.9% | -1.5% |
| 1997 | 63.5% | -28.6% |
| 1998 | 44.9% | -29.2% |
| 1999 | 39.3% | -12.6% |
| 2000 | 56.5% | +44.0% |
| 2001 | 51.0% | -9.7% |
| 2002 | 53.2% | +4.2% |
| 2003 | 52.6% | -1.1% |
| 2004 | 48.1% | -8.5% |
| 2005 | 46.8% | -2.9% |
| 2006 | 41.4% | -11.5% |
| 2007 | 47.8% | +15.5% |
| 2008 | 50.2% | +5.0% |
| 2009 | 57.0% | +13.6% |
| 2010 | 61.6% | +8.0% |
| 2011 | 60.1% | -2.4% |
| 2012 | 66.4% | +10.5% |
| 2013 | 63.5% | -4.5% |
| 2014 | 60.3% | -5.1% |
| 2015 | 57.6% | -4.4% |
| 2016 | 58.8% | +2.0% |
| 2017 | 61.5% | +4.6% |
| 2018 | 61.0% | -0.7% |
| 2019 | 63.8% | +4.4% |
| 2020 | 71.5% | +12.1% |
| 2021 | 83.7% | +17.1% |
| 2022 | 49.8% | -40.5% |
| 2023 | 44.8% | -10.1% |
| 2024 | 50.8% | +13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 46.4% | 24.1% | 66.5% | 9 |
| 1990s | 70.7% | 39.3% | 90.3% | 10 |
| 2000s | 50.5% | 41.4% | 57.0% | 10 |
| 2010s | 61.5% | 57.6% | 66.4% | 10 |
| 2020s | 60.1% | 44.8% | 83.7% | 5 |
Countries ranked near Cape Verde
- 44 Belize 52.5% compare
- 45 Papua New Guinea 52.0% compare
- 46 Sudan 51.2% compare
- 48 North Macedonia 47.7% compare
- 49 Djibouti 47.2% compare
- 50 Guinea-Bissau 47.2% compare
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 multilateral debt service in Cape Verde?
- Multilateral debt service in Cape Verde was 50.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Cape Verde?
- The highest recorded value was 90.3% in 1995.
- What is the lowest multilateral debt service recorded in Cape Verde?
- The lowest recorded value was 24.1% in 1982.
- How does Cape Verde rank for multilateral debt service?
- Cape Verde ranks 47th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Cape Verde?
- Over the last ten years it is down 15.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.