Net lending (+) / net borrowing (-) in Cape Verde
Cape Verde: Net lending (+) / net borrowing (-) was -9.4% 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 % of GDP.
Analysis
In 2020, net lending (+) / net borrowing (-) in Cape Verde stood at -9.4%. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 179.1% on the previous year and down 25.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Cape Verde peaked at 0.1% in 2017 and was at its lowest, -9.4%, in 2020.
Cape Verde ranks 148th of 156 countries on this measure, in the bottom quarter.
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 | -2.9% | -4.8% | -0.6% | 5 |
| 2010s | -3.6% | -7.4% | 0.1% | 10 |
| 2020s | -9.4% | -9.4% | -9.4% | 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)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
- Goods and services expense 20.5% (2020)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Cape Verde?
- Net lending (+) / net borrowing (-) in Cape Verde was -9.4% 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 0.1% in 2017.
- What is the lowest net lending (+) / net borrowing (-) recorded in Cape Verde?
- The lowest recorded value was -9.4% in 2020.
- How does Cape Verde rank for net lending (+) / net borrowing (-)?
- Cape Verde ranks 148th 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 25.9%. 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 (-) (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.