Subsidies and other transfers (current LCU) in Cape Verde
Cape Verde: Subsidies and other transfers (current LCU) was 15.36 billion current LCU in 2020. ▲ Rising
Subsidies and other transfers in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Cape Verde is 15.36 billion current LCU, measured in 2020. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 14.0% on the previous year and up 87.3% over ten years.
Over the whole period, subsidies and other transfers in Cape Verde peaked at 15.36 billion current LCU in 2020 and was at its lowest, 6.76 billion current LCU, in 2005.
Cape Verde ranks 109th of 153 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.
Subsidies and other transfers (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 6.76 billion current LCU | — |
| 2006 | 9.07 billion current LCU | +34.3% |
| 2007 | 8.66 billion current LCU | -4.6% |
| 2008 | 10.09 billion current LCU | +16.5% |
| 2009 | 9.11 billion current LCU | -9.7% |
| 2010 | 8.20 billion current LCU | -10.0% |
| 2011 | 8.88 billion current LCU | +8.3% |
| 2012 | 8.15 billion current LCU | -8.2% |
| 2013 | 8.22 billion current LCU | +0.8% |
| 2014 | 8.71 billion current LCU | +6.1% |
| 2015 | 9.54 billion current LCU | +9.5% |
| 2016 | 10.10 billion current LCU | +5.9% |
| 2017 | 11.54 billion current LCU | +14.2% |
| 2018 | 12.73 billion current LCU | +10.3% |
| 2019 | 13.47 billion current LCU | +5.8% |
| 2020 | 15.36 billion current LCU | +14.0% |
Cape Verde compared with similar countries
- Cape Verde's 15.36 billion current LCU is below the median for upper middle income countries, which is 139.97 billion current LCU, 11% of the median. (46 countries reporting)
- Cape Verde's 15.36 billion current LCU is below the median for Sub-Saharan Africa, which is 282.03 billion current LCU, 5% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.74 billion current LCU | 6.76 billion current LCU | 10.09 billion current LCU | 5 |
| 2010s | 9.95 billion current LCU | 8.15 billion current LCU | 13.47 billion current LCU | 10 |
| 2020s | 15.36 billion current LCU | 15.36 billion current LCU | 15.36 billion current LCU | 1 |
Countries ranked near Cape Verde
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 subsidies and other transfers in Cape Verde?
- Subsidies and other transfers in Cape Verde was 15.36 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Cape Verde?
- The highest recorded value was 15.36 billion current LCU in 2020.
- What is the lowest subsidies and other transfers recorded in Cape Verde?
- The lowest recorded value was 6.76 billion current LCU in 2005.
- How does Cape Verde rank for subsidies and other transfers?
- Cape Verde ranks 109th out of 153 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Cape Verde?
- Over the last ten years it is up 87.3%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.