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. 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 May of 2020.
Government Debt to GDP in Cape Verde is expected to reach 140.00 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 145.00 percent in 2021 and 150.00 percent in 2022, according to our econometric models.