Net (assets less liabilities), Net foreign assets (OFCS) in Cabo Verde
Cabo Verde: Net (assets less liabilities), Net foreign assets (OFCS) was 2.04 billion in 2024. ◆ Volatile
Net (assets less liabilities), Net foreign assets (OFCS) in Cabo Verde, 2012–2024
Source: International Monetary Fund.
Analysis
Cabo Verde recorded 2.04 billion for net (assets less liabilities), net foreign assets (ofcs) in 2024. That is the highest value across all 13 years on record.
The figure is up 3.9% on the previous year and up 145.2% over ten years.
Over the whole period, net (assets less liabilities), net foreign assets (ofcs) in Cabo Verde peaked at 2.04 billion in 2024 and was at its lowest, -6.28 billion, in 2019.
That places Cabo Verde 34th out of 66 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -5.18 billion | -6.28 billion | -4.52 billion | 8 |
| 2020s | 1.79 billion | 1.52 billion | 2.04 billion | 5 |
Countries ranked near Cabo Verde
More external debt data for Cabo 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 net (assets less liabilities), net foreign assets (ofcs) in Cabo Verde?
- Net (assets less liabilities), net foreign assets (ofcs) in Cabo Verde was 2.04 billion in 2024, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net foreign assets (ofcs) recorded in Cabo Verde?
- The highest recorded value was 2.04 billion in 2024.
- What is the lowest net (assets less liabilities), net foreign assets (ofcs) recorded in Cabo Verde?
- The lowest recorded value was -6.28 billion in 2019.
- How does Cabo Verde rank for net (assets less liabilities), net foreign assets (ofcs)?
- Cabo Verde ranks 34th out of 66 countries with data for 2024.
- Is net (assets less liabilities), net foreign assets (ofcs) rising or falling in Cabo Verde?
- Over the last ten years it is up 145.2%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from International Monetary Fund, published as part of Net (assets less liabilities), Net foreign assets (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.