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.
Interest payments in Cape Verde, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 8.1% | — |
| 2006 | 7.3% | -9.3% |
| 2007 | 6.9% | -6.1% |
| 2008 | 6.6% | -4.5% |
| 2009 | 6.8% | +3.2% |
| 2010 | 7.9% | +16.7% |
| 2011 | 7.9% | -0.2% |
| 2012 | 10.3% | +30.3% |
| 2013 | 11.6% | +12.9% |
| 2014 | 11.3% | -2.8% |
| 2015 | 12.2% | +8.2% |
| 2016 | 11.9% | -2.1% |
| 2017 | 12.3% | +2.7% |
| 2018 | 10.1% | -17.5% |
| 2019 | 9.3% | -7.6% |
| 2020 | 8.8% | -6.3% |
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)
- Arms imports (SIPRI trend indicator values), per capita 5.84 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 32.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.83 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 744.42 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 3,562 current USD per square kilometre (2023)
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.