Short-term debt in Cape Verde
Cape Verde: Short-term debt was 16.4% in 2024. ◆ Volatile
Short-term debt in Cape Verde, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Cape Verde is 16.4%, measured in 2024.
Compared with earlier readings it is down 1.6% on the previous year and up 1.0% over ten years.
Over the whole period, short-term debt in Cape Verde peaked at 24.2% in 2013 and was at its lowest, 0.0%, in 1984.
Cape Verde ranks 33rd of 121 countries on this measure, 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 |
|---|---|---|---|---|
| 1980s | 2.3% | 0.0% | 8.0% | 9 |
| 1990s | 5.0% | 2.2% | 13.6% | 10 |
| 2000s | 0.5% | 0.1% | 1.2% | 10 |
| 2010s | 14.0% | 0.0% | 24.2% | 10 |
| 2020s | 15.9% | 14.4% | 16.7% | 5 |
Countries ranked near Cape Verde
More external debt data for Cape Verde
- IFC, private nonguaranteed 925,051 NFL, US$ (2024)
- Public and publicly guaranteed debt service 4.8% (2024)
- Net financial flows, IDA 36.40 million NFL, current US$ (2024)
- Net financial flows, IBRD -1.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 10.7% (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 128.71 million TDS, current US$ (2024)
- Use of IMF credit 126.33 million DOD, current US$ (2024)
- Multilateral debt service 65.44 million TDS, current US$ (2024)
- Multilateral debt service 50.8% (2024)
- IMF repurchases and charges 1.68 million TDS, current US$ (2024)
Frequently asked questions
- What is short-term debt in Cape Verde?
- Short-term debt in Cape Verde was 16.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Cape Verde?
- The highest recorded value was 24.2% in 2013.
- What is the lowest short-term debt recorded in Cape Verde?
- The lowest recorded value was 0.0% in 1984.
- How does Cape Verde rank for short-term debt?
- Cape Verde ranks 33rd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Cape Verde?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.