The ratio of national debt to gross domestic product (GDP) in Cabo Verde was forecast to continuously decrease between 2024 and 2029 by in total 26.2 percentage points. After the eighth consecutive decreasing year, the ratio is estimated to reach 84.79 percent and therefore a new minimum in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Liberia, Niger, and Benin.
Cabo Verde: National debt in relation to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Cabo Verde: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/727133/national-debt-of-cabo-verde-in-relation-to-gross-domestic-product-gdp/
IMF. "Cabo Verde: National debt in relation to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/727133/national-debt-of-cabo-verde-in-relation-to-gross-domestic-product-gdp/
IMF. (2024). Cabo Verde: National debt in relation to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/727133/national-debt-of-cabo-verde-in-relation-to-gross-domestic-product-gdp/
IMF. "Cabo Verde: National Debt in Relation to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/727133/national-debt-of-cabo-verde-in-relation-to-gross-domestic-product-gdp/
IMF, Cabo Verde: National debt in relation to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/727133/national-debt-of-cabo-verde-in-relation-to-gross-domestic-product-gdp/ (last visited December 02, 2024)
Cabo Verde: National debt in relation to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/727133/national-debt-of-cabo-verde-in-relation-to-gross-domestic-product-gdp/