Total government debt in Cape Verde
Cape Verde: Total government debt was 13,673 current LCU in 2010. ◆ Volatile
Total government debt in Cape Verde, 1991–2010
Source: World Bank country economists. Measured in current LCU.
Analysis
Cape Verde recorded 13,673 current LCU for total government debt in 2010.
Compared with earlier readings it is up 88.2% on the previous year and down 100.0% over ten years.
Over the whole period, total government debt in Cape Verde peaked at 38.57 billion current LCU in 1999 and was at its lowest, 1,305 current LCU, in 2004.
That places Cape Verde 42nd out of 44 countries with data for 2010, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total government debt in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1991 | 14.25 billion current LCU | — |
| 1992 | 15.31 billion current LCU | +7.4% |
| 1993 | 14.28 billion current LCU | -6.7% |
| 1994 | 22.80 billion current LCU | +59.7% |
| 1995 | 26.59 billion current LCU | +16.7% |
| 1996 | 30.36 billion current LCU | +14.2% |
| 1997 | 38.45 billion current LCU | +26.6% |
| 1998 | 32.18 billion current LCU | -16.3% |
| 1999 | 38.57 billion current LCU | +19.8% |
| 2004 | 1,305 current LCU | -100.0% |
| 2005 | 4,251 current LCU | +225.8% |
| 2006 | 6,157 current LCU | +44.8% |
| 2007 | 1,437 current LCU | -76.7% |
| 2008 | 2,357 current LCU | +64.0% |
| 2009 | 7,266 current LCU | +208.3% |
| 2010 | 13,673 current LCU | +88.2% |
Cape Verde compared with similar countries
- Cape Verde's 13,673 current LCU is below the median for upper middle income countries, which is 859.76 billion current LCU, 0% of the median. (6 countries reporting)
- Cape Verde's 13,673 current LCU is below the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 0% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.86 billion current LCU | 14.25 billion current LCU | 38.57 billion current LCU | 9 |
| 2000s | 3,796 current LCU | 1,305 current LCU | 7,266 current LCU | 6 |
| 2010s | 13,673 current LCU | 13,673 current LCU | 13,673 current LCU | 1 |
Countries ranked near Cape Verde
- 39 Zimbabwe 6.33 billion current LCU compare
- 40 Seychelles 4.81 billion current LCU compare
- 41 Congo 1.43 billion current LCU compare
- 43 Gambia 0 current LCU
- 43 Mauritania 0 current LCU
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 total government debt in Cape Verde?
- Total government debt in Cape Verde was 13,673 current LCU in 2010, according to World Bank country economists.
- What is the highest total government debt recorded in Cape Verde?
- The highest recorded value was 38.57 billion current LCU in 1999.
- What is the lowest total government debt recorded in Cape Verde?
- The lowest recorded value was 1,305 current LCU in 2004.
- How does Cape Verde rank for total government debt?
- Cape Verde ranks 42nd out of 44 countries with data for 2010.
- Is total government debt rising or falling in Cape Verde?
- Over the last ten years it is down 100.0%. 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 Total government debt (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.