$100 bills would circle Earth 0.1 times if laid end-to-end.
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National Debt of Cape Verde
243,084,620,943 Esc
Updated: - Data from IMF/World Bank/ECB
Debt as % of GDP
86.18%
Latest year: 2024
Debt (nominal)
243,084,620,943 Esc
CVE / USD toggle below
GDP (nominal)
282,079,257,500 Esc
Latest year: 2024
Population
555,988
Latest year: 2024
Interest per Year
7,292,538,628 Esc
≈ 231 Esc / second
Debt per Citizen
437,212 Esc
Based on latest pop
Inflation (CPI, %)
1.05%
Year: 2024
GDP growth (%, real)
7.27%
Year: 2024
Unemployment (%)
11.88%
Year: 2024
Budget balance (% GDP)
-9.37%
Year: 2020
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Historical Trends
Debt-to-GDP (%)
Inflation (CPI, %)
GDP growth (% real)
Unemployment (%)
Budget balance (% of GDP)
Cape Verde Economy Snapshot
The economy of Cape Verde shows mixed signals, with a nominal GDP of 282.1 billion Esc and average income of about 507,348 Esc per person. Low inflation at 1.05%, while the economy posted robust growth of 7.27%. Moderate unemployment around 11.88%, and the government runs a substantial 9.37% fiscal deficit. The current exchange rate is 0.01 USD/CVE.
| GDP (nominal) | 282,079,257,500 Esc |
|---|---|
| GDP per capita | 507,348 Esc |
| Inflation | 1.05% |
| GDP growth | 7.27% |
| Unemployment | 11.88% |
| Budget balance | -9.37% |
| FX (USD/CVE) | 0.01 |
Cape Verde Economy Facts
That equals about 7,950 family homes priced at $300,000 each.
Enough to purchase 22 Boeing 737 jets - a decent-sized airline fleet.
Country Comparison
| Country | Debt as % of GDP | GDP (USD) |
|---|---|---|
 Tonga | 85.07% | $ 0.5B |
 South Africa | 85.73% | $ 400.3B |
| Cape Verde | 86.18% | $ 2.8B |
 Iraq | 86.71% | $ 279.6B |
 Finland | 87.16% | $ 299.8B |