Interest payments in Cape Verde
Cape Verde: Interest payments was 4.77 billion current LCU in 2020. ▲ Rising
Interest payments in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, interest payments in Cape Verde stood at 4.77 billion current LCU.
Compared with earlier readings it is down 3.6% on the previous year and up 120.9% over ten years.
Over the whole period, interest payments in Cape Verde peaked at 4.95 billion current LCU in 2019 and was at its lowest, 1.82 billion current LCU, in 2009.
That places Cape Verde 99th out of 155 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.
Interest payments in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 1.93 billion current LCU | — |
| 2006 | 1.92 billion current LCU | -0.4% |
| 2007 | 1.89 billion current LCU | -1.8% |
| 2008 | 1.85 billion current LCU | -2.1% |
| 2009 | 1.82 billion current LCU | -1.5% |
| 2010 | 2.16 billion current LCU | +18.7% |
| 2011 | 2.28 billion current LCU | +5.4% |
| 2012 | 2.86 billion current LCU | +25.5% |
| 2013 | 3.32 billion current LCU | +16.0% |
| 2014 | 3.43 billion current LCU | +3.4% |
| 2015 | 4.10 billion current LCU | +19.5% |
| 2016 | 4.20 billion current LCU | +2.6% |
| 2017 | 4.47 billion current LCU | +6.4% |
| 2018 | 4.69 billion current LCU | +4.9% |
| 2019 | 4.95 billion current LCU | +5.5% |
| 2020 | 4.77 billion current LCU | -3.6% |
Cape Verde compared with similar countries
- Cape Verde's 4.77 billion current LCU is below the median for upper middle income countries, which is 34.20 billion current LCU, 14% of the median. (48 countries reporting)
- Cape Verde's 4.77 billion current LCU is below the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 4% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.88 billion current LCU | 1.82 billion current LCU | 1.93 billion current LCU | 5 |
| 2010s | 3.65 billion current LCU | 2.16 billion current LCU | 4.95 billion current LCU | 10 |
| 2020s | 4.77 billion current LCU | 4.77 billion current LCU | 4.77 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Cape Verde?
- Interest payments in Cape Verde was 4.77 billion current LCU 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 4.95 billion current LCU in 2019.
- What is the lowest interest payments recorded in Cape Verde?
- The lowest recorded value was 1.82 billion current LCU in 2009.
- How does Cape Verde rank for interest payments?
- Cape Verde ranks 99th out of 155 countries with data for 2020.
- Is interest payments rising or falling in Cape Verde?
- Over the last ten years it is up 120.9%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.