Total debt service in Cape Verde
Cape Verde: Total debt service was 5.7% in 2024. ▲ Rising
Total debt service in Cape Verde, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for total debt service in Cape Verde is 5.7%, measured in 2024.
Compared with earlier readings it is down 7.6% on the previous year and up 118.0% over ten years.
Over the whole period, total debt service in Cape Verde peaked at 6.2% in 2023 and was at its lowest, 0.2%, in 1981.
Cape Verde ranks 40th of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Total debt service in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.2% | — |
| 1982 | 1.1% | +388.2% |
| 1983 | 2.2% | +109.9% |
| 1984 | 4.1% | +83.1% |
| 1985 | 3.8% | -6.4% |
| 1986 | 2.6% | -32.1% |
| 1987 | 3.5% | +34.9% |
| 1988 | 3.1% | -11.7% |
| 1989 | 2.4% | -21.7% |
| 1990 | 1.9% | -23.7% |
| 1991 | 2.5% | +33.4% |
| 1992 | 3.0% | +19.7% |
| 1993 | 1.4% | -54.3% |
| 1994 | 2.3% | +70.1% |
| 1995 | 2.0% | -12.7% |
| 1996 | 1.6% | -19.9% |
| 1997 | 3.0% | +86.9% |
| 1998 | 3.8% | +26.3% |
| 1999 | 3.5% | -8.3% |
| 2000 | 3.1% | -11.8% |
| 2001 | 2.5% | -20.0% |
| 2002 | 3.8% | +53.7% |
| 2003 | 2.4% | -37.0% |
| 2004 | 2.7% | +11.2% |
| 2005 | 3.8% | +43.5% |
| 2006 | 3.0% | -21.9% |
| 2007 | 1.8% | -38.7% |
| 2008 | 1.6% | -10.0% |
| 2009 | 1.8% | +11.0% |
| 2010 | 2.0% | +9.9% |
| 2011 | 1.9% | -4.2% |
| 2012 | 2.8% | +45.7% |
| 2013 | 2.5% | -10.0% |
| 2014 | 2.6% | +4.5% |
| 2015 | 3.0% | +13.6% |
| 2016 | 2.8% | -7.4% |
| 2017 | 2.9% | +6.7% |
| 2018 | 3.2% | +7.5% |
| 2019 | 3.2% | +0.2% |
| 2020 | 3.6% | +12.4% |
| 2021 | 2.9% | -17.4% |
| 2022 | 4.7% | +60.5% |
| 2023 | 6.2% | +30.7% |
| 2024 | 5.7% | -7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.6% | 0.2% | 4.1% | 9 |
| 1990s | 2.5% | 1.4% | 3.8% | 10 |
| 2000s | 2.6% | 1.6% | 3.8% | 10 |
| 2010s | 2.7% | 1.9% | 3.2% | 10 |
| 2020s | 4.6% | 2.9% | 6.2% | 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 total debt service in Cape Verde?
- Total debt service in Cape Verde was 5.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Cape Verde?
- The highest recorded value was 6.2% in 2023.
- What is the lowest total debt service recorded in Cape Verde?
- The lowest recorded value was 0.2% in 1981.
- How does Cape Verde rank for total debt service?
- Cape Verde ranks 40th out of 121 countries with data for 2024.
- Is total debt service rising or falling in Cape Verde?
- Over the last ten years it is up 118.0%. 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 Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.