household debts in Cape Verde

Gross debt in Cape Verde

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Cape Verde in the period from 1998 to 2020 was between 414.5 million and 2.7 billion USD. The highest level of the last years at three billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 4,623 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 22 years in billion USD

YearCape Verde totalCape Verde per capitaEU per capita
19980.43 bn USD1,040 USD14,079 USD
19990.41 bn USD986 USD14,032 USD
20000.45 bn USD1,041 USD11,232 USD
20010.45 bn USD1,033 USD11,255 USD
20020.51 bn USD1,157 USD12,258 USD
20030.66 bn USD1,472 USD15,286 USD
20040.77 bn USD1,695 USD17,595 USD
20050.83 bn USD1,791 USD18,327 USD
20060.86 bn USD1,835 USD18,877 USD
20070.98 bn USD2,071 USD20,898 USD
20081.03 bn USD2,143 USD24,086 USD
20091.10 bn USD2,256 USD25,361 USD
20101.21 bn USD2,451 USD26,496 USD
20111.46 bn USD2,936 USD29,231 USD
20121.59 bn USD3,140 USD28,174 USD
20131.90 bn USD3,706 USD29,981 USD
20142.16 bn USD4,160 USD30,648 USD
20152.02 bn USD3,663 USD25,918 USD
20162.13 bn USD3,823 USD26,261 USD
20172.25 bn USD3,985 USD27,024 USD
20182.47 bn USD4,324 USD28,448 USD
20192.48 bn USD4,291 USD27,168 USD
20202.69 bn USD4,623 USD30,783 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Cape Verde       European Union

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