External debt as a share of gni in Cape Verde
Cape Verde: External debt as a share of gni was 97.9 in 2023. ▲ Rising
Latest (2023)
97.9
Change on year
down 9.9%
World rank
11th
of 118 countries
All-time high
136.06
in 2020
All-time low
32.74
in 2008
Years of data
24
2000–2023
External debt as a share of gni in Cape Verde, 2000–2023
Source: Our World in Data.
Analysis
In 2023, external debt as a share of gni in Cape Verde stood at 97.9.
Compared with earlier readings it is down 9.9% on the previous year and down 2.3% over ten years.
Over the whole period, external debt as a share of gni in Cape Verde peaked at 136.06 in 2020 and was at its lowest, 32.74, in 2008.
That places Cape Verde 11th out of 118 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
External debt as a share of gni in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 60.88 | — |
| 2001 | 62.05 | +1.9% |
| 2002 | 64.03 | +3.2% |
| 2003 | 55.26 | -13.7% |
| 2004 | 51.19 | -7.4% |
| 2005 | 50.87 | -0.6% |
| 2006 | 49.33 | -3.0% |
| 2007 | 35.88 | -27.3% |
| 2008 | 32.74 | -8.8% |
| 2009 | 40.05 | +22.3% |
| 2010 | 50.52 | +26.1% |
| 2011 | 52.77 | +4.5% |
| 2012 | 87.45 | +65.7% |
| 2013 | 100.21 | +14.6% |
| 2014 | 95.05 | -5.1% |
| 2015 | 108.9 | +14.6% |
| 2016 | 102.63 | -5.8% |
| 2017 | 109.27 | +6.5% |
| 2018 | 96.88 | -11.3% |
| 2019 | 97.18 | +0.3% |
| 2020 | 136.06 | +40.0% |
| 2021 | 121.39 | -10.8% |
| 2022 | 108.66 | -10.5% |
| 2023 | 97.9 | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.23 | 32.74 | 64.03 | 10 |
| 2010s | 90.09 | 50.52 | 109.27 | 10 |
| 2020s | 116 | 97.9 | 136.06 | 4 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- GNI, Atlas method (current US$), annual growth rate 13.65 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9636 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 5,586 current US$ per person (2025)
- GNI (current US$), annual growth rate 13.1 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.987 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 5,721 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.6 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 96.6 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 559,912 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 14.31 % change on previous year (2025)
Frequently asked questions
- What is external debt as a share of gni in Cape Verde?
- External debt as a share of gni in Cape Verde was 97.9 in 2023, according to Our World in Data.
- What is the highest external debt as a share of gni recorded in Cape Verde?
- The highest recorded value was 136.06 in 2020.
- What is the lowest external debt as a share of gni recorded in Cape Verde?
- The lowest recorded value was 32.74 in 2008.
- How does Cape Verde rank for external debt as a share of gni?
- Cape Verde ranks 11th out of 118 countries with data for 2023.
- Is external debt as a share of gni rising or falling in Cape Verde?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Our World in Data, published as part of External debt as a share of gni. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).