PPG, commercial banks in Cape Verde

Cape Verde: PPG, commercial banks was -22.14 million NFL, current US$ in 2024. ◆ Volatile

Latest (2024)
-22.14 million NFL, current US$
Change on year
up 16.5%
World rank
83rd
of 116 countries
All-time high
119.76 million NFL, current US$
in 2013
All-time low
-26.52 million NFL, current US$
in 2023
Years of data
23
2001–2024

PPG, commercial banks in Cape Verde, 2001–2024

-50.0M050.0M100.0M2001201220242001: 170.0k NFL, current US$2002: 71.0k NFL, current US$2003: 1.8M NFL, current US$2004: -470.0k NFL, current US$2005: -471.0k NFL, current US$2006: -505.0k NFL, current US$2007: -648.0k NFL, current US$2008: -720.0k NFL, current US$2009: -120.0k NFL, current US$2010: 80.9M NFL, current US$2011: 97.1M NFL, current US$2012: 115.6M NFL, current US$2013: 119.8M NFL, current US$2014: 114.2M NFL, current US$2015: 28.6M NFL, current US$2016: 16.4M NFL, current US$2017: 12.5M NFL, current US$2019: 2.5M NFL, current US$2020: 4.1M NFL, current US$2021: 254.0k NFL, current US$2022: -10.3M NFL, current US$2023: -26.5M NFL, current US$2024: -22.1M NFL, current US$

Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.

Analysis

In 2024, ppg, commercial banks in Cape Verde stood at -22.14 million NFL, current US$.

Compared with earlier readings it is up 16.5% on the previous year and down 119.4% over ten years.

Over the whole period, ppg, commercial banks in Cape Verde peaked at 119.76 million NFL, current US$ in 2013 and was at its lowest, -26.52 million NFL, current US$, in 2023.

That places Cape Verde 83rd out of 116 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.

PPG, commercial banks in Cape Verde, year by year

Annual values for PPG, commercial banks (NFL, current US$) in Cape Verde, 2001 to 2024.
Year NFL, current US$ Change
2001 170,000 NFL, current US$ —
2002 71,000 NFL, current US$ -58.2%
2003 1.81 million NFL, current US$ +2446.5%
2004 -470,000 NFL, current US$ -126.0%
2005 -471,000 NFL, current US$ +0.2%
2006 -505,000 NFL, current US$ +7.2%
2007 -648,000 NFL, current US$ +28.3%
2008 -720,000 NFL, current US$ +11.1%
2009 -120,000 NFL, current US$ -83.3%
2010 80.86 million NFL, current US$ -67481.7%
2011 97.07 million NFL, current US$ +20.0%
2012 115.56 million NFL, current US$ +19.0%
2013 119.76 million NFL, current US$ +3.6%
2014 114.19 million NFL, current US$ -4.7%
2015 28.58 million NFL, current US$ -75.0%
2016 16.40 million NFL, current US$ -42.6%
2017 12.52 million NFL, current US$ -23.7%
2019 2.46 million NFL, current US$ -80.3%
2020 4.11 million NFL, current US$ +66.9%
2021 254,000 NFL, current US$ -93.8%
2022 -10.25 million NFL, current US$ -4136.2%
2023 -26.52 million NFL, current US$ +158.6%
2024 -22.14 million NFL, current US$ -16.5%

Cape Verde compared with similar countries

  • Cape Verde's -22.14 million NFL, current US$ is below the median for upper middle income countries, which is -4.15 million NFL, current US$, 5.3× the median. (51 countries reporting)
  • Cape Verde's -22.14 million NFL, current US$ is below the median for Sub-Saharan Africa, which is -140,000 NFL, current US$, 158.2× the median. (41 countries reporting)

Biggest year-on-year movements

Years where PPG, commercial banks 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.

YearChange FromTo
2010 +67481.7% -120,000 NFL, current US$ 80.86 million NFL, current US$
2022 -4136.2% 254,000 NFL, current US$ -10.25 million NFL, current US$
2003 +2446.5% 71,000 NFL, current US$ 1.81 million NFL, current US$

Averages by decade

DecadeAverage LowestHighest Years
2000s -98,333 NFL, current US$ -720,000 NFL, current US$ 1.81 million NFL, current US$ 9
2010s 65.26 million NFL, current US$ 2.46 million NFL, current US$ 119.76 million NFL, current US$ 9
2020s -10.91 million NFL, current US$ -26.52 million NFL, current US$ 4.11 million NFL, current US$ 5

Countries ranked near Cape Verde

  1. 80 Jamaica -11.73 million NFL, current US$ compare
  2. 81 Iran -20.97 million NFL, current US$ compare
  3. 82 Zambia -21.84 million NFL, current US$ compare
  4. 84 Paraguay -22.17 million NFL, current US$ compare
  5. 85 Kyrgyzstan -23.01 million NFL, current US$
  6. 86 Niger -23.21 million NFL, current US$ compare

See the full ranking of 128 places →

More external debt data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is ppg, commercial banks in Cape Verde?
Ppg, commercial banks in Cape Verde was -22.14 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest ppg, commercial banks recorded in Cape Verde?
The highest recorded value was 119.76 million NFL, current US$ in 2013.
What is the lowest ppg, commercial banks recorded in Cape Verde?
The lowest recorded value was -26.52 million NFL, current US$ in 2023.
How does Cape Verde rank for ppg, commercial banks?
Cape Verde ranks 83rd out of 116 countries with data for 2024.
Is ppg, commercial banks rising or falling in Cape Verde?
Over the last ten years it is down 119.4%. 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 PPG, commercial banks (NFL, current US$). Statizoid updates them automatically from the source API.

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PPG, commercial banks in Cape Verde. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/ppg-commercial-banks-nfl-current-us/cabo-verde/

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About this data

Indicator
PPG, commercial banks (NFL, current US$)
Unit
NFL, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
128 places, 4,660 data points, 1970–2024
Last refreshed

Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. 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.