Cape Verde recorded a government debt equivalent to 123.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Cape Verde averaged 86.34 percent from 2000 until 2018, reaching an all time high of 127.70 percent in 2016 and a record low of 57.17 percent in 2008.

Government Debt to GDP in Cape Verde is expected to be 124.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Government Debt to GDP is projected to trend around 125.00 percent in 2020, according to our econometric models.

Cape Verde Government Debt to GDP
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Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 123.40 126.60 127.70 57.17 percent [+]
Government Budget -2.60 -3.10 6.30 -12.40 percent of GDP [+]
Military Expenditure 10.00 9.00 11.00 4.00 USD Million [+]
Government Revenues 15703.20 12528.00 15703.20 3861.83 CVE Millions [+]
Government Spending 6826.20 6096.90 7640.89 4809.66 CVE Million [+]
Credit Rating 35.00 [+]


Cape Verde Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Cape Verde Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
123.40 126.60 127.70 57.17 2000 - 2018 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 105.40 Dec/17
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
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Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
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China 47.60 Dec/17
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
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Turkey 28.30 Dec/17
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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