Home Cabo Verde Government Government Debt to GDP

Cabo Verde Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

106.02% −5.21% (-4.7%)
Year 2025 Rank #14 Global Peak 149.52% (2021) Source IMF WEO

Cabo Verde Government Debt to GDP (1997–2025)

Overview

Cabo Verde's government debt to gdp stood at 106.02% in 2025, a decline of +5.21% from 2024. The IMF projects 106.02% by 2025. Cabo Verde ranked 14th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 80.70% - -
2029* IMF 85.17% - -
2028* IMF 90.19% - -
2027* IMF 95.45% - -
2026* IMF 101.00% - -
2025* IMF 106.02% - -
2025 106.02% −5.21% #14
2024 111.23% −6.29% #175
2023 117.52% −10.08% #176
2022 127.60% −21.92% #181
2021 149.52% +5.24% #184
2020 144.28% +34.52% #180
2019 109.76% −2.52% #181
2018 112.28% −0.71% #181
2017 112.99% −2.64% #180
2016 115.63% −0.11% #180
2015 115.75% +10.05% #181
2014 105.70% +12.17% #177
2013 93.52% +10.59% #170
2012 82.94% +11.38% #168
2011 71.56% −1.95% #160
Show all years (1997-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.6% GDP growth 1.4% Unemployment 13.5%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's government debt to gdp?

Cabo Verde's government debt to gdp was 106.02% in 2025. Ranked 14th globally. This represents a 4.7% decrease from the previous year.

What was the highest government debt to gdp in Cabo Verde?

Cabo Verde's government debt to gdp peaked at 149.52% in 2021.

What was the lowest government debt to gdp in Cabo Verde?

The lowest government debt to gdp in Cabo Verde was 57.49% in 2008.

How does Cabo Verde rank in government debt to gdp?

Cabo Verde ranks 14th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Cabo Verde in 2025?

Cabo Verde's government debt to gdp is projected to reach 106.02% by 2025 based on IMF projection.

What is the government debt to gdp of Cabo Verde in 2025?

The government debt to gdp of Cabo Verde in 2025 was 106.02%. This ranks 14th in the world.

Cite this page

APA
Cabo Verde Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/cabo-verde/government-debt-to-gdp
BibTeX
@misc{historysaid_cabo-verde_government-debt-to-gdp, title = {Cabo Verde Government Debt to GDP}, url = {https://historysaid.com/cabo-verde/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }