
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 2021 was between 414.5 million and 2.8 billion USD. The highest level of the last years at three billion US Dollar was reached in 2021.
Based on the number of inhabitants, this is a debt of 4,686 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,827 USD.
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Gross debt of the last 23 years in billion USD
Year | Cape Verde total | Cape Verde per capita | EU per capita |
---|---|---|---|
1998 | 0.43 bn USD | 1,040 USD | 14,079 USD |
1999 | 0.41 bn USD | 986 USD | 14,032 USD |
2000 | 0.45 bn USD | 1,041 USD | 11,241 USD |
2001 | 0.45 bn USD | 1,033 USD | 11,263 USD |
2002 | 0.51 bn USD | 1,157 USD | 12,266 USD |
2003 | 0.66 bn USD | 1,472 USD | 15,295 USD |
2004 | 0.77 bn USD | 1,695 USD | 17,606 USD |
2005 | 0.83 bn USD | 1,791 USD | 18,337 USD |
2006 | 0.86 bn USD | 1,835 USD | 18,887 USD |
2007 | 0.98 bn USD | 2,071 USD | 20,910 USD |
2008 | 1.13 bn USD | 2,345 USD | 24,100 USD |
2009 | 1.10 bn USD | 2,256 USD | 25,376 USD |
2010 | 1.21 bn USD | 2,451 USD | 26,515 USD |
2011 | 1.46 bn USD | 2,936 USD | 29,254 USD |
2012 | 1.59 bn USD | 3,140 USD | 28,198 USD |
2013 | 1.90 bn USD | 3,706 USD | 30,008 USD |
2014 | 2.16 bn USD | 4,160 USD | 30,677 USD |
2015 | 2.02 bn USD | 3,663 USD | 25,944 USD |
2016 | 2.13 bn USD | 3,823 USD | 26,287 USD |
2017 | 2.25 bn USD | 3,985 USD | 27,108 USD |
2018 | 2.25 bn USD | 3,945 USD | 28,543 USD |
2019 | 2.26 bn USD | 3,915 USD | 27,264 USD |
2020 | 2.47 bn USD | 4,244 USD | 30,919 USD |
2021 | 2.76 bn USD | 4,686 USD | 33,827 USD |