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 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

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 USD11,241 USD
20010.45 bn USD1,033 USD11,263 USD
20020.51 bn USD1,157 USD12,266 USD
20030.66 bn USD1,472 USD15,295 USD
20040.77 bn USD1,695 USD17,606 USD
20050.83 bn USD1,791 USD18,337 USD
20060.86 bn USD1,835 USD18,887 USD
20070.98 bn USD2,071 USD20,910 USD
20081.13 bn USD2,345 USD24,100 USD
20091.10 bn USD2,256 USD25,376 USD
20101.21 bn USD2,451 USD26,515 USD
20111.46 bn USD2,936 USD29,254 USD
20121.59 bn USD3,140 USD28,198 USD
20131.90 bn USD3,706 USD30,008 USD
20142.16 bn USD4,160 USD30,677 USD
20152.02 bn USD3,663 USD25,944 USD
20162.13 bn USD3,823 USD26,287 USD
20172.25 bn USD3,985 USD27,108 USD
20182.25 bn USD3,945 USD28,543 USD
20192.26 bn USD3,915 USD27,264 USD
20202.47 bn USD4,244 USD30,919 USD
20212.76 bn USD4,686 USD33,827 USD

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

      Cape Verde       European Union

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