Subsidies and other transfers (% of expense) in Cape Verde
Cape Verde: Subsidies and other transfers (% of expense) was 28.2% in 2020. ▼ Falling
Subsidies and other transfers in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Cape Verde recorded 28.2% for subsidies and other transfers in 2020.
The figure is up 10.9% on the previous year and down 6.0% over ten years.
Over the whole period, subsidies and other transfers in Cape Verde peaked at 35.9% in 2008 and was at its lowest, 25.4%, in 2019.
Cape Verde ranks 104th of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Subsidies and other transfers (% of expense) in Cape Verde, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 28.3% | — |
| 2006 | 34.6% | +22.3% |
| 2007 | 31.6% | -8.8% |
| 2008 | 35.9% | +13.6% |
| 2009 | 33.9% | -5.4% |
| 2010 | 30.0% | -11.6% |
| 2011 | 30.8% | +2.5% |
| 2012 | 29.3% | -4.7% |
| 2013 | 28.7% | -1.9% |
| 2014 | 28.7% | -0.3% |
| 2015 | 28.4% | -0.8% |
| 2016 | 28.7% | +1.1% |
| 2017 | 31.7% | +10.2% |
| 2018 | 27.5% | -13.3% |
| 2019 | 25.4% | -7.4% |
| 2020 | 28.2% | +10.9% |
Cape Verde compared with similar countries
- Cape Verde's 28.2% is below the median for upper middle income countries, which is 35.7%, 79% of the median. (46 countries reporting)
- Cape Verde's 28.2% is above the median for Sub-Saharan Africa, which is 25.7%, 1.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.9% | 28.3% | 35.9% | 5 |
| 2010s | 28.9% | 25.4% | 31.7% | 10 |
| 2020s | 28.2% | 28.2% | 28.2% | 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 28.2% 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 35.9% in 2008.
- What is the lowest subsidies and other transfers recorded in Cape Verde?
- The lowest recorded value was 25.4% in 2019.
- How does Cape Verde rank for subsidies and other transfers?
- Cape Verde ranks 104th out of 152 countries with data for 2020.
- Is subsidies and other transfers rising or falling in Cape Verde?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- 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 (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.