Total debt service (% of GDP) in Cape Verde
Cape Verde: Total debt service (% of GDP) was 2.1% in 2011. ▲ Rising
Total debt service in Cape Verde, 1981–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
The most recent figure for total debt service in Cape Verde is 2.1%, measured in 2011.
The figure is down 3.1% on the previous year and down 14.1% over ten years.
Over the whole period, total debt service in Cape Verde peaked at 4.0% in 1984 and was at its lowest, 0.2%, in 1981.
Cape Verde ranks 13th of 50 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Total debt service (% of GDP) in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 0.2% | — |
| 1982 | 1.0% | +372.2% |
| 1983 | 2.1% | +106.0% |
| 1984 | 4.0% | +85.9% |
| 1985 | 3.7% | -5.9% |
| 1986 | 2.6% | -31.0% |
| 1987 | 3.5% | +36.7% |
| 1988 | 3.1% | -11.4% |
| 1989 | 2.5% | -21.0% |
| 1990 | 1.9% | -24.0% |
| 1991 | 2.5% | +32.9% |
| 1992 | 3.0% | +19.6% |
| 1993 | 1.4% | -54.3% |
| 1994 | 2.3% | +69.6% |
| 1995 | 2.0% | -13.1% |
| 1996 | 1.6% | -20.2% |
| 1997 | 3.0% | +87.2% |
| 1998 | 3.8% | +25.8% |
| 1999 | 3.4% | -8.7% |
| 2000 | 3.0% | -12.8% |
| 2001 | 2.4% | -18.8% |
| 2002 | 3.7% | +51.5% |
| 2003 | 2.3% | -36.6% |
| 2004 | 2.6% | +11.2% |
| 2005 | 3.7% | +41.3% |
| 2006 | 2.9% | -22.4% |
| 2007 | 2.2% | -22.3% |
| 2008 | 2.0% | -9.4% |
| 2009 | 2.1% | +4.6% |
| 2010 | 2.2% | +2.8% |
| 2011 | 2.1% | -3.1% |
Cape Verde compared with similar countries
- Cape Verde's 2.1% is above the median for upper middle income countries, which is 1.5%, 1.4× the median. (6 countries reporting)
- Cape Verde's 2.1% is above the median for Sub-Saharan Africa, which is 0.8%, 2.5× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Total debt service (% of GDP) 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 |
|---|---|---|---|
| 1982 | +372.2% | 0.2% | 1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.5% | 0.2% | 4.0% | 9 |
| 1990s | 2.5% | 1.4% | 3.8% | 10 |
| 2000s | 2.7% | 2.0% | 3.7% | 10 |
| 2010s | 2.1% | 2.1% | 2.2% | 2 |
Countries ranked near Cape Verde
- 10 Senegal 2.5% compare
- 11 Gabon 2.4% compare
- 12 Cote d'Ivoire 2.3% compare
- 14 Lesotho 1.6% compare
- 15 Democratic Republic of Congo 1.6% compare
- 16 South Africa 1.6% compare
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 total debt service in Cape Verde?
- Total debt service in Cape Verde was 2.1% in 2011, according to World Bank, Global Development Finance.
- What is the highest total debt service recorded in Cape Verde?
- The highest recorded value was 4.0% in 1984.
- What is the lowest total debt service recorded in Cape Verde?
- The lowest recorded value was 0.2% in 1981.
- How does Cape Verde rank for total debt service?
- Cape Verde ranks 13th out of 50 countries with data for 2011.
- Is total debt service rising or falling in Cape Verde?
- Over the last ten years it is down 14.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from World Bank, Global Development Finance, published as part of Total debt service (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.