Net incurrence of liabilities, total in Cape Verde
Cape Verde: Net incurrence of liabilities, total was 16.42 billion current LCU in 2020. ◆ Volatile
Net incurrence of liabilities, total in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, net incurrence of liabilities, total in Cape Verde stood at 16.42 billion current LCU.
That represents a change of up 61.0% on the previous year and down 8.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Cape Verde peaked at 21.59 billion current LCU in 2013 and was at its lowest, 1.11 billion current LCU, in 2008.
Cape Verde ranks 75th of 136 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 |
|---|---|---|---|---|
| 2000s | 4.15 billion current LCU | 1.11 billion current LCU | 8.98 billion current LCU | 5 |
| 2010s | 14.28 billion current LCU | 7.27 billion current LCU | 21.59 billion current LCU | 10 |
| 2020s | 16.42 billion current LCU | 16.42 billion current LCU | 16.42 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 incurrence of liabilities, total in Cape Verde?
- Net incurrence of liabilities, total in Cape Verde was 16.42 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Cape Verde?
- The highest recorded value was 21.59 billion current LCU in 2013.
- What is the lowest net incurrence of liabilities, total recorded in Cape Verde?
- The lowest recorded value was 1.11 billion current LCU in 2008.
- How does Cape Verde rank for net incurrence of liabilities, total?
- Cape Verde ranks 75th out of 136 countries with data for 2020.
- Is net incurrence of liabilities, total rising or falling in Cape Verde?
- Over the last ten years it is down 8.4%. 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 incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.