Social contributions in Cape Verde
Cape Verde: Social contributions 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 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% |
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
- 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)
- Military expenditure (current USD), per capita 32.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.83 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 744.42 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 3,562 current USD per square kilometre (2023)
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.