Use of IMF credit in Cape Verde
Cape Verde: Use of IMF credit was 126.33 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Cape Verde, 1999–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in Cape Verde is 126.33 million DOD, current US$, measured in 2024. That is the highest value across all 26 years on record.
That represents a change of up 14.0% on the previous year and up 825.8% over ten years.
Over the whole period, use of imf credit in Cape Verde peaked at 126.33 million DOD, current US$ in 2024 and was at its lowest, 779,173 DOD, current US$, in 2001.
That places Cape Verde 105th out of 123 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Cape Verde, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1999 | 850,956 DOD, current US$ | — |
| 2000 | 807,804 DOD, current US$ | -5.1% |
| 2001 | 779,173 DOD, current US$ | -3.5% |
| 2002 | 4.19 million DOD, current US$ | +437.4% |
| 2003 | 8.23 million DOD, current US$ | +96.6% |
| 2004 | 10.51 million DOD, current US$ | +27.7% |
| 2005 | 13.23 million DOD, current US$ | +25.9% |
| 2006 | 13.93 million DOD, current US$ | +5.3% |
| 2007 | 14.44 million DOD, current US$ | +3.6% |
| 2008 | 13.32 million DOD, current US$ | -7.8% |
| 2009 | 25.41 million DOD, current US$ | +90.8% |
| 2010 | 22.69 million DOD, current US$ | -10.7% |
| 2011 | 19.96 million DOD, current US$ | -12.0% |
| 2012 | 17.52 million DOD, current US$ | -12.2% |
| 2013 | 15.65 million DOD, current US$ | -10.7% |
| 2014 | 13.64 million DOD, current US$ | -12.8% |
| 2015 | 12.71 million DOD, current US$ | -6.9% |
| 2016 | 12.33 million DOD, current US$ | -3.0% |
| 2017 | 13.06 million DOD, current US$ | +5.9% |
| 2018 | 12.75 million DOD, current US$ | -2.3% |
| 2019 | 12.68 million DOD, current US$ | -0.6% |
| 2020 | 47.34 million DOD, current US$ | +273.4% |
| 2021 | 77.80 million DOD, current US$ | +64.3% |
| 2022 | 88.96 million DOD, current US$ | +14.4% |
| 2023 | 110.83 million DOD, current US$ | +24.6% |
| 2024 | 126.33 million DOD, current US$ | +14.0% |
Cape Verde compared with similar countries
- Cape Verde's 126.33 million DOD, current US$ is below the median for upper middle income countries, which is 1.00 billion DOD, current US$, 13% of the median. (52 countries reporting)
- Cape Verde's 126.33 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 842.15 million DOD, current US$, 15% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +437.4% | 779,173 DOD, current US$ | 4.19 million DOD, current US$ |
| 2020 | +273.4% | 12.68 million DOD, current US$ | 47.34 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 850,956 DOD, current US$ | 850,956 DOD, current US$ | 850,956 DOD, current US$ | 1 |
| 2000s | 10.49 million DOD, current US$ | 779,173 DOD, current US$ | 25.41 million DOD, current US$ | 10 |
| 2010s | 15.30 million DOD, current US$ | 12.33 million DOD, current US$ | 22.69 million DOD, current US$ | 10 |
| 2020s | 90.25 million DOD, current US$ | 47.34 million DOD, current US$ | 126.33 million DOD, current US$ | 5 |
Countries ranked near Cape Verde
- 102 Laos 198.34 million DOD, current US$ compare
- 103 Lesotho 145.33 million DOD, current US$ compare
- 104 Montenegro 129.02 million DOD, current US$ compare
- 106 Guinea-Bissau 122.20 million DOD, current US$ compare
- 107 Djibouti 100.99 million DOD, current US$ compare
- 108 Saint Lucia 73.65 million DOD, 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 use of imf credit in Cape Verde?
- Use of imf credit in Cape Verde was 126.33 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Cape Verde?
- The highest recorded value was 126.33 million DOD, current US$ in 2024.
- What is the lowest use of imf credit recorded in Cape Verde?
- The lowest recorded value was 779,173 DOD, current US$ in 2001.
- How does Cape Verde rank for use of imf credit?
- Cape Verde ranks 105th out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Cape Verde?
- Over the last ten years it is up 825.8%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.