Cape Verde
Government debt in Cape Verde
Government debt in Cape Verde: 79.3% of GDP in 1997 and 127.1% of GDP in 2024, by IMF estimates.
- Latest, 2024
- 127.1% of GDP
- Since 1997
- +47.8 percentage points
- Projected, 2031
- 80.8% of GDP
- IMF projection (World Economic Outlook, October 2026)
% of GDP · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 80.8% of GDP in 2031.
- The highest was 168.4% of GDP in 2021, the lowest 57.5% of GDP in 2008.
Every year
% of GDP · IMF
| Year | Cape Verde |
|---|---|
| 2024 | 127.1 |
| 2023 | 134.3 |
| 2022 | 144.6 |
| 2021 | 168.4 |
| 2020 | 168.2 |
| 2019 | 123.5 |
| 2018 | 127.2 |
| 2017 | 123.4 |
| 2016 | 123.9 |
| 2015 | 125.2 |
| 2014 | 117 |
| 2013 | 106.7 |
| 2012 | 70.4 |
| 2011 | 64.5 |
| 2010 | 61.2 |
| 2009 | 58.8 |
| 2008 | 57.5 |
| 2007 | 59.6 |
| 2006 | 66.2 |
| 2005 | 66.7 |
| 2004 | 67.9 |
| 2003 | 65.6 |
| 2002 | 64.7 |
| 2001 | 62.2 |
| 2000 | 71.9 |
| 1999 | 66.4 |
| 1998 | 72.9 |
| 1997 | 79.3 |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Cape Verde |
|---|---|
| 2025 | 115.4 |
| 2026 | 109.9 |
| 2027 | 103.6 |
| 2028 | 97.7 |
| 2029 | 92.3 |
| 2030 | 86.4 |
| 2031 | 80.8 |
Good to know
- What the government owes, as a share of the economy’s yearly output.
- Source: IMF, World Economic Outlook, October 2026.
- The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Cape Verde in numbers
Every measure for Cape Verde on one page
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Military
- Military spending0.66% of GDP in 2025
- Military spending in US dollars$19M in 2025
- Military spending per person$38 in 2025
- Military share of state spending2.3% of government spending in 2025
- Armed forces personnel1,000 people in 2020
- National power0% of world capability in 2022
- Armed forces, share of workers0.51% of the labour force in 2020
- Arms imports3 million TIV in 2019