Subsidies and other transfers in Cape Verde
Cape Verde: Subsidies and other transfers was 15.36 billion current LCU in 2020. β² Rising
Subsidies and other transfers in Cape Verde, 2005β2020
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.
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
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Tax revenue 18.4% (2020)
- Taxes on income, profits and capital gains 22.7% (2020)
- Taxes on goods and services 36.2% (2020)
- Net investment in nonfinancial assets 3.4% (2020)
- Net lending (+) / net borrowing (-) -9.4% (2020)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
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.
Download this data
CSV Β· JSON β 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.