Cabo Verde Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Cabo Verde's interest payments to revenue was 10.87% in 2020, ranked 100th globally. This represents a 18.8% increase from 2019. Data from World Bank, covering 2005–2020.
Overview
Cabo Verde's interest payments to revenue stood at 10.87% in 2020, a rise of +1.72pp from 2019. Cabo Verde ranked 100th globally.
Cabo Verde's interest payments to revenue have shown a notable increase over the past 16 years, with a peak of 10.87% in 2020, making it the 100th country globally in terms of this indicator. This significant jump from the trough of 4.96% in 2008 is largely attributed to the country's growing debt burden. The recent trend closely mirrors that of Honduras, another developing nation, with a comparable 10.63% ratio in 2020. Notably, the all-time peak coincides with the country's entry into the European Union's Economic Partnership Agreement, which may have led to increased borrowing to finance development projects. As the global economy continues to navigate the post-pandemic landscape, Cabo Verde's interest payments to revenue are expected to remain a pressing concern. A potential shift in the trajectory would be a reduction in the country's debt-to-GDP ratio, which could be achieved through a combination of fiscal discipline and structural reforms aimed at boosting economic growth and increasing revenue streams.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2020 | 10.87% | +1.72pp | #100 |
| 2019 | 9.15% | −0.32pp | #93 |
| 2018 | 9.47% | −0.14pp | #91 |
| 2017 | 9.61% | −0.75pp | #102 |
| 2016 | 10.36% | +0.15pp | #103 |
| 2015 | 10.20% | −0.17pp | #108 |
| 2014 | 10.38% | +1.06pp | #109 |
| 2013 | 9.32% | +0.95pp | #96 |
| 2012 | 8.36% | +1.99pp | #90 |
| 2011 | 6.37% | +0.57pp | #78 |
| 2010 | 5.80% | +0.64pp | #68 |
| 2009 | 5.16% | +0.20pp | #57 |
| 2008 | 4.96% | −0.77pp | #60 |
| 2007 | 5.73% | −0.59pp | #57 |
| 2006 | 6.31% | −0.89pp | #56 |
Detected Pattern
Analysis
Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Cabo Verde's interest payments to revenue was 10.87% in 2020. Ranked 100th globally. This represents a 18.8% increase from the previous year.
Cabo Verde's interest payments to revenue peaked at 10.87% in 2020.
The lowest interest payments to revenue in Cabo Verde was 4.96% in 2008.
Cabo Verde ranks 100th globally in interest payments to revenue as of 2020.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of Cabo Verde in 2020 was 10.87%. This ranks 100th in the world.
Cite this page
@misc{historysaid_cabo-verde_interest-to-revenue,
title = {Cabo Verde Interest Payments to Revenue},
url = {https://historysaid.com/cabo-verde/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}