Overall budget balance, including grants (current LCU) in Cape Verde
Cape Verde: Overall budget balance, including grants (current LCU) was -17,190 current LCU in 2011. ◆ Volatile
Overall budget balance, including grants in Cape Verde, 1988–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for overall budget balance, including grants in Cape Verde is -17,190 current LCU, measured in 2011.
The figure is down 20.9% on the previous year and down 458.2% over ten years.
Over the whole period, overall budget balance, including grants in Cape Verde peaked at 3.17 billion current LCU in 1988 and was at its lowest, -13.49 billion current LCU, in 1999.
That places Cape Verde 12th out of 51 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Overall budget balance, including grants (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 3.17 billion current LCU | — |
| 1989 | 2.27 billion current LCU | -28.7% |
| 1990 | 2.07 billion current LCU | -8.5% |
| 1991 | 1.41 billion current LCU | -32.2% |
| 1992 | 1.30 billion current LCU | -7.3% |
| 1993 | 1.88 billion current LCU | +44.4% |
| 1994 | -3.86 billion current LCU | -305.2% |
| 1995 | -8.02 billion current LCU | +107.8% |
| 1996 | -7.43 billion current LCU | -7.3% |
| 1997 | -10.55 billion current LCU | +41.9% |
| 1998 | -6.67 billion current LCU | -36.8% |
| 1999 | -13.49 billion current LCU | +102.2% |
| 2000 | -12,574 current LCU | -100.0% |
| 2001 | -3,080 current LCU | -75.5% |
| 2002 | -1,687 current LCU | -45.2% |
| 2003 | -3,584 current LCU | +112.4% |
| 2004 | -953.53 current LCU | -73.4% |
| 2005 | -3,332 current LCU | +249.4% |
| 2006 | -571.75 current LCU | -82.8% |
| 2007 | 304.67 current LCU | -153.3% |
| 2008 | 330.93 current LCU | +8.6% |
| 2009 | -5,022 current LCU | -1617.7% |
| 2010 | -14,221 current LCU | +183.2% |
| 2011 | -17,190 current LCU | +20.9% |
Cape Verde compared with similar countries
- Cape Verde's -17,190 current LCU is above the median for upper middle income countries, which is -17,190 current LCU, 1.0× the median. (7 countries reporting)
- Cape Verde's -17,190 current LCU is above the median for Sub-Saharan Africa, which is -21.76 billion current LCU, 0% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Overall budget balance, including grants (current LCU) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1617.7% | 330.93 current LCU | -5,022 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.72 billion current LCU | 2.27 billion current LCU | 3.17 billion current LCU | 2 |
| 1990s | -4.34 billion current LCU | -13.49 billion current LCU | 2.07 billion current LCU | 10 |
| 2000s | -3,017 current LCU | -12,574 current LCU | 330.93 current LCU | 10 |
| 2010s | -15,706 current LCU | -17,190 current LCU | -14,221 current LCU | 2 |
Countries ranked near Cape Verde
More science & technology data for Cape Verde
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 111.84 (2024)
- Mobile cellular subscriptions by country, per capita 1.12 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 587,026 (2024)
- Mobile cellular subscriptions by country, per square kilometre 146.49 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -1.05 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -0.5637 % change on previous year (2024)
- Patent applications, nonresidents, gaps filled 1 (2024)
- Patent applications, nonresidents 1 (2024)
Frequently asked questions
- What is overall budget balance, including grants in Cape Verde?
- Overall budget balance, including grants in Cape Verde was -17,190 current LCU in 2011, according to World Bank country economists.
- What is the highest overall budget balance, including grants recorded in Cape Verde?
- The highest recorded value was 3.17 billion current LCU in 1988.
- What is the lowest overall budget balance, including grants recorded in Cape Verde?
- The lowest recorded value was -13.49 billion current LCU in 1999.
- How does Cape Verde rank for overall budget balance, including grants?
- Cape Verde ranks 12th out of 51 countries with data for 2011.
- Is overall budget balance, including grants rising or falling in Cape Verde?
- Over the last ten years it is down 458.2%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from World Bank country economists, published as part of Overall budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Overall budget deficit is current and capital revenue and official grants received, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.