Overall budget balance, including grants in Cape Verde

Cape Verde: Overall budget balance, including grants was -17,190 current LCU in 2011. ◆ Volatile

Latest (2011)
-17,190 current LCU
Change on year
down 20.9%
World rank
12th
of 51 countries
All-time high
3.17 billion current LCU
in 1988
All-time low
-13.49 billion current LCU
in 1999
Years of data
24
1988–2011

Overall budget balance, including grants in Cape Verde, 1988–2011

-15.0B-10.0B-5.0B05.0B1988199920111988: 3.2B current LCU1989: 2.3B current LCU1990: 2.1B current LCU1991: 1.4B current LCU1992: 1.3B current LCU1993: 1.9B current LCU1994: -3.9B current LCU1995: -8.0B current LCU1996: -7.4B current LCU1997: -10.6B current LCU1998: -6.7B current LCU1999: -13.5B current LCU2000: -12.6k current LCU2001: -3.1k current LCU2002: -1.7k current LCU2003: -3.6k current LCU2004: -953.5 current LCU2005: -3.3k current LCU2006: -571.8 current LCU2007: 304.7 current LCU2008: 330.9 current LCU2009: -5.0k current LCU2010: -14.2k current LCU2011: -17.2k current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Ethiopia 87.12 million current LCU compare
  2. 10 Seychelles 7.62 million current LCU compare
  3. 11 Mali -3 current LCU compare
  4. 13 Zimbabwe -302.36 million current LCU compare
  5. 14 Gambia -458.99 million current LCU compare
  6. 15 Malawi -633.75 million current LCU compare

See the full ranking of 51 places →

More science & technology data for Cape Verde

All data for Cape Verde →

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.

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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Overall budget balance, including grants (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,403 data points, 1965–2011
Last refreshed

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.