Share of government expenditure going to interest payments in Cape Verde

Cape Verde: Share of government expenditure going to interest payments was 8.76 in 2020. ▲ Rising

Latest (2020)
8.76
Change on year
down 6.3%
World rank
61st
of 152 countries
All-time high
12.27
in 2017
All-time low
6.56
in 2008
Years of data
16
2005–2020

Share of government expenditure going to interest payments in Cape Verde, 2005–2020

02.557.51012.52005201220202005: 8.12006: 7.32007: 6.92008: 6.62009: 6.82010: 7.92011: 7.92012: 10.32013: 11.62014: 11.32015: 12.22016: 11.92017: 12.32018: 10.12019: 9.32020: 8.8

Source: Our World in Data.

Analysis

In 2020, share of government expenditure going to interest payments in Cape Verde stood at 8.76.

The figure is down 6.3% on the previous year and up 10.9% over ten years.

Over the whole period, share of government expenditure going to interest payments in Cape Verde peaked at 12.27 in 2017 and was at its lowest, 6.56, in 2008.

Cape Verde ranks 61st of 152 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 16 years of available data.

Share of government expenditure going to interest payments in Cape Verde, year by year

Annual values for Share of government expenditure going to interest payments in Cape Verde, 2005 to 2020.
Year Value Change
2005 8.07
2006 7.32 -9.3%
2007 6.87 -6.1%
2008 6.56 -4.5%
2009 6.77 +3.2%
2010 7.9 +16.7%
2011 7.89 -0.2%
2012 10.28 +30.3%
2013 11.6 +12.9%
2014 11.28 -2.8%
2015 12.21 +8.2%
2016 11.95 -2.1%
2017 12.27 +2.7%
2018 10.12 -17.5%
2019 9.35 -7.6%
2020 8.76 -6.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.12 6.56 8.07 5
2010s 10.48 7.89 12.27 10
2020s 8.76 8.76 8.76 1

Countries ranked near Cape Verde

  1. 58 Ethiopia 9.03 compare
  2. 59 Maldives 8.84 compare
  3. 60 Saint Vincent and the Grenadines 8.83 compare
  4. 62 Paraguay 8.76 compare
  5. 63 Kazakhstan 8.68 compare
  6. 64 Mali 8.48 compare

See the full ranking of 152 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is share of government expenditure going to interest payments in Cape Verde?
Share of government expenditure going to interest payments in Cape Verde was 8.76 in 2020, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Cape Verde?
The highest recorded value was 12.27 in 2017.
What is the lowest share of government expenditure going to interest payments recorded in Cape Verde?
The lowest recorded value was 6.56 in 2008.
How does Cape Verde rank for share of government expenditure going to interest payments?
Cape Verde ranks 61st out of 152 countries with data for 2020.
Is share of government expenditure going to interest payments rising or falling in Cape Verde?
Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Cape Verde. Statizoid, drawing on Our World in Data. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/cabo-verde/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed