
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
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 | 11,232 USD |
2001 | 0.45 bn USD | 1,033 USD | 11,255 USD |
2002 | 0.51 bn USD | 1,157 USD | 12,258 USD |
2003 | 0.66 bn USD | 1,472 USD | 15,286 USD |
2004 | 0.77 bn USD | 1,695 USD | 17,595 USD |
2005 | 0.83 bn USD | 1,791 USD | 18,327 USD |
2006 | 0.86 bn USD | 1,835 USD | 18,877 USD |
2007 | 0.98 bn USD | 2,071 USD | 20,898 USD |
2008 | 1.03 bn USD | 2,143 USD | 24,086 USD |
2009 | 1.10 bn USD | 2,256 USD | 25,361 USD |
2010 | 1.21 bn USD | 2,451 USD | 26,496 USD |
2011 | 1.46 bn USD | 2,936 USD | 29,231 USD |
2012 | 1.59 bn USD | 3,140 USD | 28,174 USD |
2013 | 1.90 bn USD | 3,706 USD | 29,981 USD |
2014 | 2.16 bn USD | 4,160 USD | 30,648 USD |
2015 | 2.02 bn USD | 3,663 USD | 25,918 USD |
2016 | 2.13 bn USD | 3,823 USD | 26,261 USD |
2017 | 2.25 bn USD | 3,985 USD | 27,024 USD |
2018 | 2.47 bn USD | 4,324 USD | 28,448 USD |
2019 | 2.48 bn USD | 4,291 USD | 27,168 USD |
2020 | 2.69 bn USD | 4,623 USD | 30,783 USD |