Contact Contacts
Government debt — all countries

Government debt — Cabo Verde

Government debt in Cabo Verde in 2031 — 71.4%. Ranked 139 in the world out of 184. Since 1997, the indicator has fallen by 7.9 pp.

2031 71.4% −4.7 pp vs 2030
World rank 139of 184
Period maximum 149.5%2021
Period minimum 57.5%2008

Trend over time

1997–2031 · % of GDP

Government debt — Cabo Verde, 1997–2031507510012515019972001200520092013201720212025202920311997: 79.3%1998: 72.9%1999: 66.4%2000: 71.9%2001: 62.2%2002: 64.7%2003: 65.6%2004: 67.8%2005: 66.7%2006: 66.2%2007: 59.6%2008: 57.5%2009: 58.8%2010: 66.2%2011: 71.6%2012: 82.9%2013: 93.5%2014: 105.7%2015: 115.7%2016: 115.6%2017: 113%2018: 112.3%2019: 109.8%2020: 149.1%2021: 149.5%2022: 127.6%2023: 117.5%2024: 112.8%2025: 101%2026: 95.9%2027: 90.7%2028: 85.8%2029: 81.1%2030: 76.1%2031: 71.4%
Change over the period: −7.9 pp Annual average: -0.23 pp

Comparison, 2031

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

Cabo Verde 71.4%
World computed 102.5%
Sub-Saharan Africa computed 54.1%
Western Africa computed 41.7%
Lower-middle-income countries computed 64.8%
Government debt — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2031 71.4 −4.7 pp
2030 76.1 −5 pp
2029 81.1 −4.7 pp
2028 85.8 −4.9 pp
2027 90.7 −5.2 pp
2026 95.9 −5.1 pp
2025 101 −11.8 pp
2024 112.8 −4.7 pp
2023 117.5 −10.1 pp
2022 127.6 −21.9 pp
2021 149.5 +0.4 pp
2020 149.1 +39.3 pp
2019 109.8 −2.5 pp
2018 112.3 −0.7 pp
2017 113 −2.6 pp
2016 115.6 −0.1 pp
2015 115.7 +10 pp
2014 105.7 +12.2 pp
2013 93.5 +10.6 pp
2012 82.9 +11.3 pp
2011 71.6 +5.4 pp
2010 66.2 +7.4 pp
2009 58.8 +1.3 pp
2008 57.5 −2.1 pp
2007 59.6 −6.6 pp
2006 66.2 −0.5 pp
2005 66.7 −1.1 pp
2004 67.8 +2.2 pp
2003 65.6 +0.9 pp
2002 64.7 +2.5 pp
2001 62.2 −9.7 pp
2000 71.9 +5.5 pp
1999 66.4 −6.5 pp
1998 72.9 −6.4 pp
1997 79.3 —

Western Africa, 2031

The same indicator for neighboring countries — with links to their pages

GN Guinea 28.9 NG Nigeria 30.1 SL Sierra Leone 31.8 ML Mali 37.9 MR Mauritania 40.8 GH Ghana 42.3 LR Liberia 43.1 GM Gambia 44.3 NE Niger 44.3 BF Burkina Faso 46.4 CI Côte d'Ivoire 48.6 BJ Benin 50.3 TG Togo 56.7 GW Guinea-Bissau 65.2 CV Cabo Verde 71.4 SN Senegal 121.4
Full table for all countries

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Cabo Verde

Public Finance Budget balance

The budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.

Cabo Verde by year Public Finance External debt

How much a country as a whole owes abroad — government, banks and companies together.

Cabo Verde by year Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

Cabo Verde by year Public Finance Tax revenue (% of GDP)

Taxes collected as a percent of GDP — the fiscal capacity of the state.

Cabo Verde by year
All indicators for Cabo Verde