External debt — all countries

External debt — Cabo Verde

External debt in Cabo Verde in 2024 — 2,359,581,722 US$. Ranked 25 in the world out of 118. Since 1981, the indicator has risen by 5,892.4%.

2024 2.36B US$ −4.19% vs 2023
World rank 25of 118
Period maximum 2.46B US$2023
Period minimum 39.38M US$1981

Trend over time

1981–2024 · US$

External debt — Cabo Verde, 1981–202401B2B3B19811986199119962001200620112016202120241981: 39,376,102 US$1982: 59,016,887 US$1983: 71,696,307 US$1984: 76,251,079 US$1985: 94,918,904 US$1986: 113,301,984 US$1987: 129,541,097 US$1988: 124,352,364 US$1989: 126,041,740 US$1990: 133,755,465 US$1991: 134,240,227 US$1992: 141,994,227 US$1993: 147,571,337 US$1994: 175,919,927 US$1995: 214,117,754 US$1996: 202,637,636 US$1997: 206,529,452 US$1998: 246,754,114 US$1999: 328,538,337 US$2000: 319,703,769 US$2001: 345,641,178 US$2002: 387,894,290 US$2003: 441,401,882 US$2004: 464,179,207 US$2005: 477,481,514 US$2006: 524,173,293 US$2007: 580,581,231 US$2008: 626,141,363 US$2009: 724,585,647 US$2010: 884,895,436 US$2011: 1,041,521,701 US$2012: 1,607,699,439 US$2013: 1,968,454,491 US$2014: 1,852,837,789 US$2015: 1,841,259,212 US$2016: 1,837,379,414 US$2017: 2,115,033,204 US$2018: 2,090,969,868 US$2019: 2,153,271,384 US$2020: 2,429,314,534 US$2021: 2,456,644,490 US$2022: 2,402,574,451 US$2023: 2,462,649,635 US$2024: 2,359,581,722 US$
Change over the period: +2.32B (+5,892.42%) Average annual rate: 9.99 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde 2.36B US$
Sub-Saharan Africa computed 903B US$
Western Africa computed 295B US$
Lower-middle-income countries computed 2.61T US$
External debt — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year US$ Change Change, %
2024 2.36B −103M −4.19%
2023 2.46B +60.08M +2.5%
2022 2.4B −54.07M −2.2%
2021 2.46B +27.33M +1.13%
2020 2.43B +276M +12.82%
2019 2.15B +62.3M +2.98%
2018 2.09B −24.06M −1.14%
2017 2.12B +278M +15.11%
2016 1.84B −3.88M −0.21%
2015 1.84B −11.58M −0.62%
2014 1.85B −116M −5.87%
2013 1.97B +361M +22.44%
2012 1.61B +566M +54.36%
2011 1.04B +157M +17.7%
2010 885M +160M +22.12%
2009 725M +98.44M +15.72%
2008 626M +45.56M +7.85%
2007 581M +56.41M +10.76%
2006 524M +46.69M +9.78%
2005 477M +13.3M +2.87%
2004 464M +22.78M +5.16%
2003 441M +53.51M +13.79%
2002 388M +42.25M +12.22%
2001 346M +25.94M +8.11%
2000 320M −8.83M −2.69%
1999 329M +81.78M +33.14%
1998 247M +40.22M +19.48%
1997 207M +3.89M +1.92%
1996 203M −11.48M −5.36%
1995 214M +38.2M +21.71%
1994 176M +28.35M +19.21%
1993 148M +5.58M +3.93%
1992 142M +7.75M +5.78%
1991 134M +484,762 +0.36%
1990 134M +7.71M +6.12%
1989 126M +1.69M +1.36%
1988 124M −5.19M −4.01%
1987 130M +16.24M +14.33%
1986 113M +18.38M +19.37%
1985 94.92M +18.67M +24.48%
1984 76.25M +4.55M +6.35%
1983 71.7M +12.68M +21.48%
1982 59.02M +19.64M +49.88%
1981 39.38M

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.