Public and publicly guaranteed debt service in Cape Verde
Cape Verde: Public and publicly guaranteed debt service was 4.8% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Cape Verde, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Cape Verde recorded 4.8% for public and publicly guaranteed debt service in 2024.
That represents a change of down 4.7% on the previous year and up 123.6% over ten years.
Over the whole period, public and publicly guaranteed debt service in Cape Verde peaked at 5.1% in 2023 and was at its lowest, 0.2%, in 1981.
Cape Verde ranks 19th of 123 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Public and publicly guaranteed debt service in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.2% | — |
| 1982 | 1.1% | +388.2% |
| 1983 | 2.2% | +109.9% |
| 1984 | 4.1% | +83.1% |
| 1985 | 3.5% | -14.1% |
| 1986 | 2.5% | -29.4% |
| 1987 | 3.3% | +32.7% |
| 1988 | 2.9% | -11.2% |
| 1989 | 2.4% | -18.9% |
| 1990 | 1.8% | -23.8% |
| 1991 | 2.4% | +34.2% |
| 1992 | 2.9% | +19.8% |
| 1993 | 1.3% | -54.6% |
| 1994 | 2.3% | +70.2% |
| 1995 | 1.9% | -17.8% |
| 1996 | 1.6% | -15.8% |
| 1997 | 3.0% | +91.6% |
| 1998 | 3.8% | +26.2% |
| 1999 | 3.4% | -10.1% |
| 2000 | 3.1% | -9.6% |
| 2001 | 2.5% | -20.0% |
| 2002 | 3.8% | +53.7% |
| 2003 | 2.4% | -37.0% |
| 2004 | 2.6% | +11.2% |
| 2005 | 3.8% | +43.5% |
| 2006 | 3.0% | -22.0% |
| 2007 | 1.8% | -39.1% |
| 2008 | 1.6% | -11.6% |
| 2009 | 1.7% | +8.5% |
| 2010 | 1.9% | +7.9% |
| 2011 | 1.8% | -4.9% |
| 2012 | 1.8% | +1.6% |
| 2013 | 1.9% | +4.5% |
| 2014 | 2.2% | +14.4% |
| 2015 | 2.5% | +13.8% |
| 2016 | 2.4% | -0.6% |
| 2017 | 2.6% | +7.3% |
| 2018 | 2.6% | -1.2% |
| 2019 | 2.7% | +6.0% |
| 2020 | 3.3% | +21.1% |
| 2021 | 2.7% | -18.9% |
| 2022 | 3.9% | +44.3% |
| 2023 | 5.1% | +30.3% |
| 2024 | 4.8% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.5% | 0.2% | 4.1% | 9 |
| 1990s | 2.4% | 1.3% | 3.8% | 10 |
| 2000s | 2.6% | 1.6% | 3.8% | 10 |
| 2010s | 2.2% | 1.8% | 2.7% | 10 |
| 2020s | 4.0% | 2.7% | 5.1% | 5 |
Countries ranked near Cape Verde
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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 12,385 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Cape Verde?
- Public and publicly guaranteed debt service in Cape Verde was 4.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Cape Verde?
- The highest recorded value was 5.1% in 2023.
- What is the lowest public and publicly guaranteed debt service recorded in Cape Verde?
- The lowest recorded value was 0.2% in 1981.
- How does Cape Verde rank for public and publicly guaranteed debt service?
- Cape Verde ranks 19th out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Cape Verde?
- Over the last ten years it is up 123.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.