Government Debt to GDP in Cape Verde decreased to 124.70 percent in 2019 from 124.90 percent in 2018. source: Banco de Cabo Verde

Government Debt to GDP in Cape Verde averaged 88.35 percent from 2000 until 2019, reaching an all time high of 127.70 percent in 2016 and a record low of 57.17 percent 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 June of 2021.

Government Debt to GDP in Cape Verde is expected to reach 135.00 percent by the end of 2020, 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 138.00 percent in 2021 and 136.70 percent in 2022, according to our econometric models.

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Cape Verde Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
124.70 124.90 127.70 57.17 2000 - 2019 percent of GDP Yearly

Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 124.70 124.90 127.70 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 43751.00 30496.00 57389.00 3861.83 CVE Millions [+]
Government Spending 7067.00 7040.00 7964.00 4809.66 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.