Cape Verde recorded a government debt equivalent to 124 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Cape Verde averaged 86.39 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 122.00 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 120.00 percent in 2020, according to our econometric models.

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Cape Verde Government Debt to GDP
Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 124.00 126.80 127.70 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 13203.60 11890.90 15703.20 3861.83 CVE Millions [+]
Government Spending 6497.00 7737.48 7824.93 4809.66 CVE Million [+]
Credit Rating 30.00 [+]


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 December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
124.00 126.80 127.70 57.17 2000 - 2018 percent Yearly




Country Last Previous
Japan 238.20 Dec/18 238
Italy 134.80 Dec/18 134
Singapore 112.20 Dec/18 111
United States 106.10 Dec/18 105
France 98.40 Dec/18 98.4
Spain 97.60 Dec/18 98.6
Canada 89.70 Dec/18 90.1
Euro Area 87.90 Dec/18 89.8
Argentina 86.20 Dec/18 56.6
United Kingdom 81.70 Dec/19 83.3
Brazil 77.22 Dec/18 74.07
India 68.30 Dec/18 68.9
Germany 61.90 Dec/18 65.3
South Africa 55.80 Dec/18 53.1
Netherlands 52.40 Dec/18 56.9
China 50.50 Dec/18 46.8
Mexico 46.00 Dec/18 46
Australia 40.70 Dec/18 40.7
South Korea 36.60 Dec/18 36.3
Turkey 30.40 Dec/18 28.3
Indonesia 29.80 Dec/18 28.7
Switzerland 27.70 Dec/18 29.3
Saudi Arabia 19.10 Dec/18 17.2
Russia 13.50 Dec/17 12.9


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