Credit to government and state-owned enterprises to GDP in Cape Verde

Cape Verde: Credit to government and state-owned enterprises to GDP was 33.0% in 2020. ◆ Volatile

Latest (2020)
33.0%
Change on year
up 27.3%
World rank
16th
of 178 countries
All-time high
33.0%
in 2020
All-time low
0.0%
in 1988
Years of data
35
1980–2020

Credit to government and state-owned enterprises to GDP in Cape Verde, 1980–2020

01020301980200020201980: 0.138 %1981: 0.098 %1982: 0.065 %1983: 0.041 %1984: 0.025 %1985: 0.018 %1988: 0 %1993: 1.5 %1994: 17.9 %1995: 20 %1996: 20.7 %1997: 20.6 %1998: 18.4 %1999: 5.8 %2000: 11.9 %2001: 21.3 %2002: 23.5 %2003: 22.3 %2004: 22.3 %2005: 24.1 %2006: 22.3 %2007: 17.3 %2008: 13.8 %2009: 14.6 %2010: 15.7 %2011: 17.5 %2012: 17.8 %2013: 19.7 %2014: 23.3 %2015: 25.3 %2016: 27 %2017: 28 %2018: 29.8 %2019: 25.9 %2020: 33 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in Cape Verde is 33.0%, measured in 2020. That is the highest value across all 35 years on record.

The figure is up 27.3% on the previous year and up 110.6% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in Cape Verde peaked at 33.0% in 2020 and was at its lowest, 0.0%, in 1988.

Cape Verde ranks 16th of 178 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Credit to government and state-owned enterprises to GDP in Cape Verde, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in Cape Verde, 1980 to 2020.
Year % Change
1980 0.1%
1981 0.1% -29.4%
1982 0.1% -33.0%
1983 0.0% -37.0%
1984 0.0% -39.0%
1985 0.0% -28.4%
1988 0.0% -97.4%
1993 1.5% +317293.7%
1994 17.9% +1086.3%
1995 20.0% +11.7%
1996 20.7% +3.8%
1997 20.6% -0.5%
1998 18.4% -10.8%
1999 5.8% -68.6%
2000 11.9% +106.4%
2001 21.3% +78.9%
2002 23.5% +10.4%
2003 22.3% -5.4%
2004 22.3% +0.2%
2005 24.1% +8.1%
2006 22.3% -7.4%
2007 17.3% -22.2%
2008 13.8% -20.5%
2009 14.6% +6.2%
2010 15.7% +7.0%
2011 17.5% +11.9%
2012 17.8% +1.7%
2013 19.7% +10.6%
2014 23.3% +18.3%
2015 25.3% +8.7%
2016 27.0% +6.4%
2017 28.0% +3.8%
2018 29.8% +6.4%
2019 25.9% -12.9%
2020 33.0% +27.3%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.1% 0.0% 0.1% 7
1990s 15.0% 1.5% 20.7% 7
2000s 19.3% 11.9% 24.1% 10
2010s 23.0% 15.7% 29.8% 10
2020s 33.0% 33.0% 33.0% 1

Countries ranked near Cape Verde

  1. 13 China 35.5% compare
  2. 14 Bahrain 33.4% compare
  3. 15 Libya 33.2% compare
  4. 17 Pakistan 32.7% compare
  5. 18 Morocco 32.2% compare
  6. 19 Maldives 31.9% compare

See the full ranking of 178 places →

More financial sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in Cape Verde?
Credit to government and state-owned enterprises to gdp in Cape Verde was 33.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in Cape Verde?
The highest recorded value was 33.0% in 2020.
What is the lowest credit to government and state-owned enterprises to gdp recorded in Cape Verde?
The lowest recorded value was 0.0% in 1988.
How does Cape Verde rank for credit to government and state-owned enterprises to gdp?
Cape Verde ranks 16th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in Cape Verde?
Over the last ten years it is up 110.6%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in Cape Verde. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 09 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/cabo-verde/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).