Social contributions (% of revenue) in Cape Verde
Cape Verde: Social contributions (% of revenue) was 0.2% in 2020. ◆ Volatile
Social contributions in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2020, social contributions in Cape Verde stood at 0.2%.
Compared with earlier readings it is up 25.7% on the previous year and up 58.0% over ten years.
Over the whole period, social contributions in Cape Verde peaked at 2.0% in 2005 and was at its lowest, 0.1%, in 2011.
Cape Verde ranks 101st of 112 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions (% of revenue) in Cape Verde, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2005 | 2.0% | — |
| 2006 | 1.6% | -17.8% |
| 2007 | 0.3% | -83.9% |
| 2008 | 0.1% | -49.1% |
| 2009 | 0.1% | -3.4% |
| 2010 | 0.1% | -12.9% |
| 2011 | 0.1% | -9.2% |
| 2012 | 0.1% | +18.2% |
| 2013 | 0.1% | +0.2% |
| 2014 | 0.2% | +39.1% |
| 2015 | 0.1% | -32.4% |
| 2016 | 0.1% | +20.5% |
| 2017 | 0.1% | -5.5% |
| 2018 | 0.2% | +21.1% |
| 2019 | 0.1% | -9.8% |
| 2020 | 0.2% | +25.7% |
Cape Verde compared with similar countries
- Cape Verde's 0.2% is below the median for upper middle income countries, which is 13.1%, 1% of the median. (37 countries reporting)
- Cape Verde's 0.2% is below the median for Sub-Saharan Africa, which is 1.7%, 11% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.1% | 2.0% | 5 |
| 2010s | 0.1% | 0.1% | 0.2% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Cape Verde
- 98 Seychelles 0.5%
- 99 Mozambique 0.5% compare
- 100 Macao 0.4% compare
- 102 Papua New Guinea 0.2%
- 103 India 0.1% compare
- 104 Jordan 0.1% compare
More public sector data for Cape Verde
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 5.84 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2019)
Frequently asked questions
- What is social contributions in Cape Verde?
- Social contributions in Cape Verde was 0.2% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Cape Verde?
- The highest recorded value was 2.0% in 2005.
- What is the lowest social contributions recorded in Cape Verde?
- The lowest recorded value was 0.1% in 2011.
- How does Cape Verde rank for social contributions?
- Cape Verde ranks 101st out of 112 countries with data for 2020.
- Is social contributions rising or falling in Cape Verde?
- Over the last ten years it is up 58.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.