External debt stocks in Cape Verde
Cape Verde: External debt stocks was 86.9% in 2024. ▲ Rising
External debt stocks in Cape Verde, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Cape Verde recorded 86.9% for external debt stocks in 2024.
Compared with earlier readings it is down 11.5% on the previous year and down 8.6% over ten years.
Over the whole period, external debt stocks in Cape Verde peaked at 136.2% in 2020 and was at its lowest, 28.1%, in 1981.
Cape Verde ranks 14th of 121 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
External debt stocks in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 28.1% | — |
| 1982 | 43.3% | +54.1% |
| 1983 | 54.5% | +25.7% |
| 1984 | 59.8% | +9.8% |
| 1985 | 71.0% | +18.8% |
| 1986 | 60.3% | -15.1% |
| 1987 | 55.1% | -8.6% |
| 1988 | 46.9% | -14.9% |
| 1989 | 46.6% | -0.7% |
| 1990 | 43.3% | -7.1% |
| 1991 | 41.8% | -3.3% |
| 1992 | 39.6% | -5.3% |
| 1993 | 30.0% | -24.2% |
| 1994 | 43.3% | +44.2% |
| 1995 | 44.2% | +2.0% |
| 1996 | 40.7% | -7.8% |
| 1997 | 42.4% | +4.1% |
| 1998 | 47.8% | +12.7% |
| 1999 | 56.3% | +17.8% |
| 2000 | 60.9% | +8.1% |
| 2001 | 62.1% | +1.9% |
| 2002 | 64.0% | +3.2% |
| 2003 | 55.3% | -13.7% |
| 2004 | 51.2% | -7.4% |
| 2005 | 50.9% | -0.6% |
| 2006 | 49.3% | -3.0% |
| 2007 | 35.9% | -27.3% |
| 2008 | 32.7% | -8.7% |
| 2009 | 40.0% | +22.3% |
| 2010 | 50.5% | +26.1% |
| 2011 | 52.8% | +4.5% |
| 2012 | 87.4% | +65.7% |
| 2013 | 100.2% | +14.6% |
| 2014 | 95.1% | -5.1% |
| 2015 | 108.9% | +14.6% |
| 2016 | 102.6% | -5.8% |
| 2017 | 109.3% | +6.5% |
| 2018 | 96.9% | -11.3% |
| 2019 | 97.4% | +0.6% |
| 2020 | 136.2% | +39.8% |
| 2021 | 121.4% | -10.9% |
| 2022 | 108.3% | -10.8% |
| 2023 | 98.1% | -9.4% |
| 2024 | 86.9% | -11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 51.7% | 28.1% | 71.0% | 9 |
| 1990s | 42.9% | 30.0% | 56.3% | 10 |
| 2000s | 50.2% | 32.7% | 64.0% | 10 |
| 2010s | 90.1% | 50.5% | 109.3% | 10 |
| 2020s | 110.2% | 86.9% | 136.2% | 5 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Industry (including construction), value added (constant 2015 US$) 6.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0822 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 476.24 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 6.38 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 8.17 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 47,331 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.14 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6792 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,937 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 6.72 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks in Cape Verde?
- External debt stocks in Cape Verde was 86.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Cape Verde?
- The highest recorded value was 136.2% in 2020.
- What is the lowest external debt stocks recorded in Cape Verde?
- The lowest recorded value was 28.1% in 1981.
- How does Cape Verde rank for external debt stocks?
- Cape Verde ranks 14th out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Cape Verde?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.