Net debt, General government, Percent of GDP in Cape Verde
Cape Verde: Net debt, General government, Percent of GDP was 73.63 in 2030. ▲ Rising
Latest (2030)
73.63
Change on year
down 5.1%
World rank
15th
of 90 countries
All-time high
135.62
in 2021
All-time low
52.91
in 2009
Years of data
33
1998–2030
Net debt, General government, Percent of GDP in Cape Verde, 1998–2030
Source: International Monetary Fund.
Analysis
Cape Verde recorded 73.63 for net debt, general government, percent of gdp in 2030.
The figure is down 5.1% on the previous year and down 43.8% over ten years.
Over the whole period, net debt, general government, percent of gdp in Cape Verde peaked at 135.62 in 2021 and was at its lowest, 52.91, in 2009.
That places Cape Verde 15th out of 90 countries with data for 2030, putting it in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Net debt, General government, Percent of GDP in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1998 | 70.29 | — |
| 1999 | 64.13 | -8.8% |
| 2000 | 70.14 | +9.4% |
| 2001 | 60.62 | -13.6% |
| 2002 | 62.67 | +3.4% |
| 2003 | 63.62 | +1.5% |
| 2004 | 65.81 | +3.4% |
| 2005 | 62.92 | -4.4% |
| 2006 | 63.09 | +0.3% |
| 2007 | 54.29 | -14.0% |
| 2008 | 53.12 | -2.1% |
| 2009 | 52.91 | -0.4% |
| 2010 | 66.26 | +25.2% |
| 2011 | 65.76 | -0.8% |
| 2012 | 79.26 | +20.5% |
| 2013 | 89.39 | +12.8% |
| 2014 | 100.38 | +12.3% |
| 2015 | 109.44 | +9.0% |
| 2016 | 109.7 | +0.2% |
| 2017 | 107.31 | -2.2% |
| 2018 | 105.39 | -1.8% |
| 2019 | 101.62 | -3.6% |
| 2020 | 131.1 | +29.0% |
| 2021 | 135.62 | +3.4% |
| 2022 | 114.8 | -15.3% |
| 2023 | 105.91 | -7.7% |
| 2024 | 100.58 | -5.0% |
| 2025 | 96.1 | -4.4% |
| 2026 | 91.73 | -4.5% |
| 2027 | 86.82 | -5.4% |
| 2028 | 82.12 | -5.4% |
| 2029 | 77.62 | -5.5% |
| 2030 | 73.63 | -5.1% |
Cape Verde compared with similar countries
- Cape Verde's 73.63 is above the median for upper middle income countries, which is 40.84, 1.8× the median. (20 countries reporting)
- Cape Verde's 73.63 is above the median for Sub-Saharan Africa, which is 40.86, 1.8× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 67.21 | 64.13 | 70.29 | 2 |
| 2000s | 60.92 | 52.91 | 70.14 | 10 |
| 2010s | 93.45 | 65.76 | 109.7 | 10 |
| 2020s | 102.24 | 77.62 | 135.62 | 10 |
| 2030s | 73.63 | 73.63 | 73.63 | 1 |
Countries ranked near Cape Verde
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 debt, general government, percent of gdp in Cape Verde?
- Net debt, general government, percent of gdp in Cape Verde was 73.63 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Cape Verde?
- The highest recorded value was 135.62 in 2021.
- What is the lowest net debt, general government, percent of gdp recorded in Cape Verde?
- The lowest recorded value was 52.91 in 2009.
- How does Cape Verde rank for net debt, general government, percent of gdp?
- Cape Verde ranks 15th out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Cape Verde?
- Over the last ten years it is down 43.8%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Net debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October