Net (assets minus liabilities), Other items (Net) (OFCS) in Cape Verde
Cape Verde: Net (assets minus liabilities), Other items (Net) (OFCS) was -6.30 billion in 2024. ▼ Falling
Net (assets minus liabilities), Other items (Net) (OFCS) in Cape Verde, 2012–2024
Source: International Monetary Fund.
Analysis
Cape Verde recorded -6.30 billion for net (assets minus liabilities), other items (net) (ofcs) in 2024. That is the lowest value across all 13 years on record.
The figure is down 4.6% on the previous year and down 145.5% over ten years.
Over the whole period, net (assets minus liabilities), other items (net) (ofcs) in Cape Verde peaked at -1.84 billion in 2013 and was at its lowest, -6.30 billion, in 2024.
That places Cape Verde 32nd out of 66 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Net (assets minus liabilities), Other items (Net) (OFCS) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | -1.98 billion | — |
| 2013 | -1.84 billion | -6.9% |
| 2014 | -2.57 billion | +39.4% |
| 2015 | -3.08 billion | +19.9% |
| 2016 | -3.35 billion | +8.9% |
| 2017 | -2.44 billion | -27.3% |
| 2018 | -2.20 billion | -9.7% |
| 2019 | -3.00 billion | +36.3% |
| 2020 | -3.97 billion | +32.4% |
| 2021 | -4.47 billion | +12.5% |
| 2022 | -4.98 billion | +11.4% |
| 2023 | -6.02 billion | +21.0% |
| 2024 | -6.30 billion | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.56 billion | -3.35 billion | -1.84 billion | 8 |
| 2020s | -5.15 billion | -6.30 billion | -3.97 billion | 5 |
Countries ranked near Cape Verde
- 29 Tunisia -2.43 billion compare
- 30 Kyrgyzstan -2.81 billion compare
- 31 Trinidad and Tobago -5.67 billion compare
- 33 Zambia -7.24 billion compare
- 34 Romania -9.08 billion compare
- 35 Azerbaijan -9.80 billion 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 net (assets minus liabilities), other items (net) (ofcs) in Cape Verde?
- Net (assets minus liabilities), other items (net) (ofcs) in Cape Verde was -6.30 billion in 2024, according to International Monetary Fund.
- What is the highest net (assets minus liabilities), other items (net) (ofcs) recorded in Cape Verde?
- The highest recorded value was -1.84 billion in 2013.
- What is the lowest net (assets minus liabilities), other items (net) (ofcs) recorded in Cape Verde?
- The lowest recorded value was -6.30 billion in 2024.
- How does Cape Verde rank for net (assets minus liabilities), other items (net) (ofcs)?
- Cape Verde ranks 32nd out of 66 countries with data for 2024.
- Is net (assets minus liabilities), other items (net) (ofcs) rising or falling in Cape Verde?
- Over the last ten years it is down 145.5%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Net (assets minus liabilities), Other items (Net) (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.