External borrowing, net in Cape Verde
Cape Verde: External borrowing, net was 14,484 current LCU in 2011. ◆ Volatile
External borrowing, net in Cape Verde, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for external borrowing, net in Cape Verde is 14,484 current LCU, measured in 2011.
The figure is down 0.9% on the previous year and up 1,486.8% over ten years.
Over the whole period, external borrowing, net in Cape Verde peaked at 1.37 billion current LCU in 1985 and was at its lowest, -1,044 current LCU, in 2001.
Cape Verde ranks 38th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 1.00 billion current LCU | — |
| 1985 | 1.37 billion current LCU | +36.2% |
| 2000 | 2,706 current LCU | -100.0% |
| 2001 | -1,044 current LCU | -138.6% |
| 2002 | 1,197 current LCU | -214.6% |
| 2003 | 1,448 current LCU | +20.9% |
| 2004 | 141.6 current LCU | -90.2% |
| 2005 | 2,676 current LCU | +1789.7% |
| 2006 | 3,130 current LCU | +17.0% |
| 2007 | 2,326 current LCU | -25.7% |
| 2008 | 3,495 current LCU | +50.3% |
| 2009 | 6,301 current LCU | +80.3% |
| 2010 | 14,614 current LCU | +131.9% |
| 2011 | 14,484 current LCU | -0.9% |
Cape Verde compared with similar countries
- Cape Verde's 14,484 current LCU is below the median for upper middle income countries, which is 5.82 billion current LCU, 0% of the median. (7 countries reporting)
- Cape Verde's 14,484 current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 0% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +1789.7% | 141.6 current LCU | 2,676 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.19 billion current LCU | 1.00 billion current LCU | 1.37 billion current LCU | 2 |
| 2000s | 2,238 current LCU | -1,044 current LCU | 6,301 current LCU | 10 |
| 2010s | 14,549 current LCU | 14,484 current LCU | 14,614 current LCU | 2 |
Countries ranked near Cape Verde
More science & technology data for Cape Verde
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 111.84 (2024)
- Mobile cellular subscriptions by country, per capita 1.12 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 587,026 (2024)
- Mobile cellular subscriptions by country, per square kilometre 146.49 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -1.05 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -0.5637 % change on previous year (2024)
- Scientific and technical journal articles 18.34 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Cape Verde?
- External borrowing, net in Cape Verde was 14,484 current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Cape Verde?
- The highest recorded value was 1.37 billion current LCU in 1985.
- What is the lowest external borrowing, net recorded in Cape Verde?
- The lowest recorded value was -1,044 current LCU in 2001.
- How does Cape Verde rank for external borrowing, net?
- Cape Verde ranks 38th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Cape Verde?
- Over the last ten years it is up 1,486.8%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.