Short-term debt in Cape Verde
Cape Verde: Short-term debt was 49.6% in 2024. ◆ Volatile
Short-term debt in Cape Verde, 1981–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Cape Verde stood at 49.6%.
The figure is up 0.9% on the previous year and down 16.1% over ten years.
Over the whole period, short-term debt in Cape Verde peaked at 100.0% in 2013 and was at its lowest, 0.0%, in 1984.
Cape Verde ranks 30th of 111 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Cape Verde, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1981 | 0.0% | — |
| 1982 | 0.0% | +77.0% |
| 1983 | 0.0% | -85.0% |
| 1984 | 0.0% | -100.0% |
| 1985 | 1.8% | — |
| 1986 | 12.2% | +559.8% |
| 1987 | 12.9% | +5.7% |
| 1988 | 5.6% | -56.9% |
| 1989 | 3.3% | -41.3% |
| 1990 | 6.0% | +85.5% |
| 1991 | 7.2% | +19.7% |
| 1992 | 7.9% | +9.6% |
| 1993 | 12.1% | +52.1% |
| 1994 | 23.2% | +92.7% |
| 1995 | 79.2% | +240.9% |
| 1996 | 21.5% | -72.8% |
| 1997 | 36.0% | +67.4% |
| 1998 | 66.2% | +84.0% |
| 1999 | 44.2% | -33.2% |
| 2000 | 13.9% | -68.7% |
| 2001 | 7.9% | -42.8% |
| 2002 | 4.0% | -48.9% |
| 2003 | 1.9% | -52.4% |
| 2004 | 0.8% | -61.0% |
| 2005 | 0.5% | -28.2% |
| 2006 | 0.3% | -47.4% |
| 2007 | 0.4% | +24.7% |
| 2008 | 0.4% | +12.9% |
| 2009 | 0.4% | -8.1% |
| 2010 | 0.0% | -100.0% |
| 2011 | 0.0% | — |
| 2012 | 95.5% | — |
| 2013 | 100.0% | +4.8% |
| 2014 | 59.1% | -41.0% |
| 2015 | 58.8% | -0.5% |
| 2016 | 49.8% | -15.3% |
| 2017 | 52.6% | +5.6% |
| 2018 | 53.3% | +1.4% |
| 2019 | 44.1% | -17.3% |
| 2020 | 47.6% | +8.0% |
| 2021 | 50.1% | +5.1% |
| 2022 | 54.2% | +8.3% |
| 2023 | 49.1% | -9.4% |
| 2024 | 49.6% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.0% | 0.0% | 12.9% | 9 |
| 1990s | 30.4% | 6.0% | 79.2% | 10 |
| 2000s | 3.0% | 0.3% | 13.9% | 10 |
| 2010s | 51.3% | 0.0% | 100.0% | 10 |
| 2020s | 50.1% | 47.6% | 54.2% | 5 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- 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)
- Services, value added (current LCU), per unit of GDP 66.47 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 385,285 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 6.3 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5562 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 3,224 constant 2015 US$ per person (2025)
- Services, value added (constant LCU), per capita 320,403 constant LCU per person (2025)
Frequently asked questions
- What is short-term debt in Cape Verde?
- Short-term debt in Cape Verde was 49.6% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Cape Verde?
- The highest recorded value was 100.0% in 2013.
- What is the lowest short-term debt recorded in Cape Verde?
- The lowest recorded value was 0.0% in 1984.
- How does Cape Verde rank for short-term debt?
- Cape Verde ranks 30th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Cape Verde?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.