Net financial flows, bilateral in Cape Verde
Cape Verde: Net financial flows, bilateral was -23.54 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, bilateral in Cape Verde, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Cape Verde recorded -23.54 million NFL, current US$ for net financial flows, bilateral in 2024.
Compared with earlier readings it is up 8.0% on the previous year and down 215.7% over ten years.
Over the whole period, net financial flows, bilateral in Cape Verde peaked at 59.87 million NFL, current US$ in 2013 and was at its lowest, -25.58 million NFL, current US$, in 2023.
Cape Verde ranks 84th of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral in Cape Verde, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1981 | 15.48 million NFL, current US$ | — |
| 1982 | 14.02 million NFL, current US$ | -9.4% |
| 1983 | 10.72 million NFL, current US$ | -23.6% |
| 1984 | 4.82 million NFL, current US$ | -55.0% |
| 1985 | 4.09 million NFL, current US$ | -15.2% |
| 1986 | 1.39 million NFL, current US$ | -66.1% |
| 1987 | 1.06 million NFL, current US$ | -23.7% |
| 1988 | 1.06 million NFL, current US$ | -0.1% |
| 1989 | 2.09 million NFL, current US$ | +97.6% |
| 1990 | 4.92 million NFL, current US$ | +135.6% |
| 1991 | -286,882 NFL, current US$ | -105.8% |
| 1992 | -1.09 million NFL, current US$ | +278.4% |
| 1993 | -1.01 million NFL, current US$ | -7.3% |
| 1994 | -282,746 NFL, current US$ | -71.9% |
| 1995 | 1.46 million NFL, current US$ | -615.4% |
| 1996 | 2.57 million NFL, current US$ | +76.0% |
| 1997 | -1.45 million NFL, current US$ | -156.5% |
| 1998 | 17.77 million NFL, current US$ | -1326.5% |
| 1999 | 12.01 million NFL, current US$ | -32.4% |
| 2000 | 2.11 million NFL, current US$ | -82.4% |
| 2001 | 13.43 million NFL, current US$ | +536.4% |
| 2002 | -3.26 million NFL, current US$ | -124.3% |
| 2003 | -4.39 million NFL, current US$ | +34.9% |
| 2004 | -7.44 million NFL, current US$ | +69.3% |
| 2005 | 5.14 million NFL, current US$ | -169.1% |
| 2006 | 8.87 million NFL, current US$ | +72.7% |
| 2007 | 7.63 million NFL, current US$ | -14.0% |
| 2008 | 29.27 million NFL, current US$ | +283.6% |
| 2009 | 35.62 million NFL, current US$ | +21.7% |
| 2010 | 30.15 million NFL, current US$ | -15.4% |
| 2011 | 54.42 million NFL, current US$ | +80.5% |
| 2012 | 59.39 million NFL, current US$ | +9.1% |
| 2013 | 59.87 million NFL, current US$ | +0.8% |
| 2014 | 20.34 million NFL, current US$ | -66.0% |
| 2015 | 31.20 million NFL, current US$ | +53.4% |
| 2016 | 6.82 million NFL, current US$ | -78.1% |
| 2017 | 49.73 million NFL, current US$ | +629.3% |
| 2018 | 10.19 million NFL, current US$ | -79.5% |
| 2019 | 5.85 million NFL, current US$ | -42.6% |
| 2020 | -1.51 million NFL, current US$ | -125.9% |
| 2021 | 1.58 million NFL, current US$ | -204.1% |
| 2022 | -18.22 million NFL, current US$ | -1255.5% |
| 2023 | -25.58 million NFL, current US$ | +40.4% |
| 2024 | -23.54 million NFL, current US$ | -8.0% |
Cape Verde compared with similar countries
- Cape Verde's -23.54 million NFL, current US$ is below the median for upper middle income countries, which is -11.36 million NFL, current US$, 2.1× the median. (52 countries reporting)
- Cape Verde's -23.54 million NFL, current US$ is below the median for Sub-Saharan Africa, which is -2.42 million NFL, current US$, 9.7× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, bilateral in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +1326.5% | -1.45 million NFL, current US$ | 17.77 million NFL, current US$ |
| 2022 | -1255.5% | 1.58 million NFL, current US$ | -18.22 million NFL, current US$ |
| 2017 | +629.3% | 6.82 million NFL, current US$ | 49.73 million NFL, current US$ |
| 1995 | +615.4% | -282,746 NFL, current US$ | 1.46 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.08 million NFL, current US$ | 1.06 million NFL, current US$ | 15.48 million NFL, current US$ | 9 |
| 1990s | 3.46 million NFL, current US$ | -1.45 million NFL, current US$ | 17.77 million NFL, current US$ | 10 |
| 2000s | 8.70 million NFL, current US$ | -7.44 million NFL, current US$ | 35.62 million NFL, current US$ | 10 |
| 2010s | 32.80 million NFL, current US$ | 5.85 million NFL, current US$ | 59.87 million NFL, current US$ | 10 |
| 2020s | -13.45 million NFL, current US$ | -25.58 million NFL, current US$ | 1.58 million NFL, current US$ | 5 |
Countries ranked near Cape Verde
- 81 Fiji -19.33 million NFL, current US$ compare
- 82 Samoa -19.37 million NFL, current US$ compare
- 83 Suriname -22.62 million NFL, current US$ compare
- 85 Algeria -23.80 million NFL, current US$ compare
- 86 Guatemala -26.97 million NFL, current US$ compare
- 87 Montenegro -27.56 million NFL, current US$ 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 financial flows, bilateral in Cape Verde?
- Net financial flows, bilateral in Cape Verde was -23.54 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Cape Verde?
- The highest recorded value was 59.87 million NFL, current US$ in 2013.
- What is the lowest net financial flows, bilateral recorded in Cape Verde?
- The lowest recorded value was -25.58 million NFL, current US$ in 2023.
- How does Cape Verde rank for net financial flows, bilateral?
- Cape Verde ranks 84th out of 123 countries with data for 2024.
- Is net financial flows, bilateral rising or falling in Cape Verde?
- Over the last ten years it is down 215.7%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.