Cape Verde recorded a Government Debt to GDP of 155.80 percent of the country's Gross Domestic Product in 2020. source: Banco de Cabo Verde

Government Debt to GDP in Cape Verde averaged 91.56 percent of GDP from 2000 until 2020, reaching an all time high of 155.80 percent of GDP in 2020 and a record low of 57.17 percent of GDP in 2008. 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 - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Cape Verde is expected to reach 157.00 percent of GDP by the end of 2021, 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 155.00 percent of GDP in 2022 and 148.00 percent of GDP in 2023, according to our econometric models.

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Cape Verde Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
155.80 124.70 155.80 57.17 2000 - 2020 percent of GDP Yearly

Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 155.80 124.70 155.80 57.17 percent of GDP [+]
Government Budget -8.90 -1.80 6.30 -10.50 percent of GDP [+]
Credit Rating 27.00 [+]
Military Expenditure 11.00 9.70 11.60 4.30 USD Million [+]
Government Revenues 17885.00 8493.00 57389.00 3861.83 CVE Millions [+]
Government Spending 8172.00 8400.00 8400.00 4810.00 CVE Million [+]

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.