Cape Verde Government Debt to GDP

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.

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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					[+]

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 June of 2019.

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

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	105.40	Dec/17	106	119 : 31.7	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	47.60	Dec/17	44.3	47.6 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	29.70	Dec/17	29.1	48.9 : 25.1	%
Turkey	28.30	Dec/17	28.3	76.1 : 27.6	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%