Net (assets less liabilities), Net Claims on Central Government in Cape Verde
Cape Verde: Net (assets less liabilities), Net Claims on Central Government was -151.99 million in 2024. ◆ Volatile
Net (assets less liabilities), Net Claims on Central Government (OFCS) in Cape Verde, 2012–2024
Source: International Monetary Fund.
Analysis
The most recent figure for net (assets less liabilities), net claims on central government (ofcs) in Cape Verde is -151.99 million, measured in 2024.
That represents a change of up 11.3% on the previous year and down 116.0% over ten years.
Over the whole period, net (assets less liabilities), net claims on central government (ofcs) in Cape Verde peaked at 2.67 billion in 2019 and was at its lowest, -171.42 million, in 2023.
That places Cape Verde 60th out of 66 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net (assets less liabilities), Net Claims on Central Government in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1.19 billion | — |
| 2013 | 1.31 billion | +10.5% |
| 2014 | 947.61 million | -27.7% |
| 2015 | 936.62 million | -1.2% |
| 2016 | 904.50 million | -3.4% |
| 2017 | 2.13 billion | +135.2% |
| 2018 | 2.47 billion | +16.1% |
| 2019 | 2.67 billion | +8.2% |
| 2020 | 97.01 million | -96.4% |
| 2021 | 59.34 million | -38.8% |
| 2022 | -141.74 million | -338.9% |
| 2023 | -171.42 million | +20.9% |
| 2024 | -151.99 million | -11.3% |
Cape Verde compared with similar countries
- Cape Verde's -151.99 million is below the median for upper middle income countries, which is 137.04 billion. (27 countries reporting)
- Cape Verde's -151.99 million is below the median for Sub-Saharan Africa, which is 44.27 billion. (12 countries reporting)
Biggest year-on-year movements
Years where Net (assets less liabilities), Net Claims on Central Government 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 |
|---|---|---|---|
| 2022 | -338.9% | 59.34 million | -141.74 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.57 billion | 904.50 million | 2.67 billion | 8 |
| 2020s | -61.76 million | -171.42 million | 97.01 million | 5 |
Countries ranked near Cape Verde
- 57 Comoros 0
- 58 Seychelles -30.18 million compare
- 59 Kuwait -57.47 million compare
- 61 Kyrgyzstan -349.20 million compare
- 62 Azerbaijan -1.51 billion compare
- 63 Australia -2.07 billion compare
More external debt data for Cape Verde
- Net financial flows, IBRD 176,000 NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre 12,385 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 145.36 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 2.00 billion DOD, current US$ (2025)
- External debt stocks, long-term 2.00 billion DOD, current US$ (2025)
Frequently asked questions
- What is net (assets less liabilities), net claims on central government (ofcs) in Cape Verde?
- Net (assets less liabilities), net claims on central government (ofcs) in Cape Verde was -151.99 million in 2024, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net claims on central government (ofcs) recorded in Cape Verde?
- The highest recorded value was 2.67 billion in 2019.
- What is the lowest net (assets less liabilities), net claims on central government (ofcs) recorded in Cape Verde?
- The lowest recorded value was -171.42 million in 2023.
- How does Cape Verde rank for net (assets less liabilities), net claims on central government (ofcs)?
- Cape Verde ranks 60th out of 66 countries with data for 2024.
- Is net (assets less liabilities), net claims on central government (ofcs) rising or falling in Cape Verde?
- Over the last ten years it is down 116.0%. 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 Net (assets less liabilities), Net Claims on Central Government (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.