Subsidies and other transfers in Cape Verde
Cape Verde: Subsidies and other transfers 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 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% |
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
- 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 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.