Net lending (+) / net borrowing (-) in Cape Verde
Cape Verde: Net lending (+) / net borrowing (-) was -16.52 billion current LCU in 2020. ◆ Volatile
Net lending (+) / net borrowing (-) in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Cape Verde recorded -16.52 billion current LCU for net lending (+) / net borrowing (-) in 2020. That is the lowest value across all 16 years on record.
The figure is down 121.9% on the previous year and down 46.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Cape Verde peaked at 227.79 million current LCU in 2017 and was at its lowest, -16.52 billion current LCU, in 2020.
That places Cape Verde 82nd out of 156 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.25 billion current LCU | -4.81 billion current LCU | -797.35 million current LCU | 5 |
| 2010s | -6.14 billion current LCU | -11.37 billion current LCU | 227.79 million current LCU | 10 |
| 2020s | -16.52 billion current LCU | -16.52 billion current LCU | -16.52 billion current LCU | 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)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Cape Verde?
- Net lending (+) / net borrowing (-) in Cape Verde was -16.52 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Cape Verde?
- The highest recorded value was 227.79 million current LCU in 2017.
- What is the lowest net lending (+) / net borrowing (-) recorded in Cape Verde?
- The lowest recorded value was -16.52 billion current LCU in 2020.
- How does Cape Verde rank for net lending (+) / net borrowing (-)?
- Cape Verde ranks 82nd out of 156 countries with data for 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Cape Verde?
- Over the last ten years it is down 46.1%. The long-run trend across the full record is volatile.
- 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.