Cape Verde recorded a Government Debt to GDP of 157 percent of the country's Gross Domestic Product in 2021. source: Banco de Cabo Verde

Government Debt to GDP in Cape Verde averaged 94.49 percent of GDP from 2000 until 2021, reaching an all time high of 157 percent of GDP in 2021 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 May of 2022.

Government Debt to GDP in Cape Verde is expected to reach 155.00 percent of GDP by the end of 2022, 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 150.00 percent of GDP in 2023 and 148.00 percent of GDP in 2024, according to our econometric models.

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Cape Verde Government Debt to GDP



Related Last Previous Unit Reference
Government Debt to GDP 157.00 154.90 percent of GDP Dec 2021
Government Budget -8.90 -1.80 percent of GDP Dec 2020
Government Revenues 15844.00 10796.00 CVE Millions Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
157.00 154.90 157.00 57.17 2000 - 2021 percent of GDP Yearly