Interest payments in Cape Verde
Cape Verde: Interest payments was 8.8% in 2020. ▲ Rising
Interest payments in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Cape Verde recorded 8.8% for interest payments in 2020.
That represents a change of down 6.3% on the previous year and up 10.9% over ten years.
Over the whole period, interest payments in Cape Verde peaked at 12.3% in 2017 and was at its lowest, 6.6%, in 2008.
That places Cape Verde 61st out of 152 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.1% | 6.6% | 8.1% | 5 |
| 2010s | 10.5% | 7.9% | 12.3% | 10 |
| 2020s | 8.8% | 8.8% | 8.8% | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Tax revenue 18.4% (2020)
- Taxes on income, profits and capital gains 22.7% (2020)
- Taxes on goods and services 36.2% (2020)
- Net investment in nonfinancial assets 3.4% (2020)
- Net lending (+) / net borrowing (-) -9.4% (2020)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Compensation of employees 39.9% (2020)
- Goods and services expense 20.5% (2020)
Frequently asked questions
- What is interest payments in Cape Verde?
- Interest payments in Cape Verde was 8.8% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Cape Verde?
- The highest recorded value was 12.3% in 2017.
- What is the lowest interest payments recorded in Cape Verde?
- The lowest recorded value was 6.6% in 2008.
- How does Cape Verde rank for interest payments?
- Cape Verde ranks 61st out of 152 countries with data for 2020.
- Is interest payments rising or falling in Cape Verde?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.