Subsidies in Cape Verde
Cape Verde: Subsidies was 905.96 GFS, current LCU in 2011. ◆ Volatile
Subsidies in Cape Verde, 1984–2011
Source: World Bank country economists. Measured in GFS, current LCU.
Analysis
Cape Verde recorded 905.96 GFS, current LCU for subsidies in 2011.
Compared with earlier readings it is up 20.5% on the previous year and down 46.0% over ten years.
Over the whole period, subsidies in Cape Verde peaked at 5.09 billion GFS, current LCU in 1999 and was at its lowest, 291.9 GFS, current LCU, in 2006.
Cape Verde ranks 28th of 47 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies in Cape Verde, year by year
| Year | GFS, current LCU | Change |
|---|---|---|
| 1984 | 70.00 million GFS, current LCU | — |
| 1985 | 63.00 million GFS, current LCU | -10.0% |
| 1988 | 63.00 million GFS, current LCU | +0.0% |
| 1989 | 50.00 million GFS, current LCU | -20.6% |
| 1990 | 40.00 million GFS, current LCU | -20.0% |
| 1991 | 37.00 million GFS, current LCU | -7.5% |
| 1992 | 1.01 billion GFS, current LCU | +2637.8% |
| 1993 | 1.27 billion GFS, current LCU | +25.0% |
| 1994 | 1.74 billion GFS, current LCU | +37.1% |
| 1995 | 2.18 billion GFS, current LCU | +25.5% |
| 1996 | 1.68 billion GFS, current LCU | -23.0% |
| 1997 | 656.00 million GFS, current LCU | -60.9% |
| 1998 | 1.02 billion GFS, current LCU | +55.6% |
| 1999 | 5.09 billion GFS, current LCU | +399.0% |
| 2000 | 2,973 GFS, current LCU | -100.0% |
| 2001 | 1,677 GFS, current LCU | -43.6% |
| 2002 | 690.42 GFS, current LCU | -58.8% |
| 2003 | 634.35 GFS, current LCU | -8.1% |
| 2004 | 595.08 GFS, current LCU | -6.2% |
| 2005 | 533.22 GFS, current LCU | -10.4% |
| 2006 | 291.9 GFS, current LCU | -45.3% |
| 2007 | 1,910 GFS, current LCU | +554.5% |
| 2008 | 871.24 GFS, current LCU | -54.4% |
| 2009 | 844.7 GFS, current LCU | -3.0% |
| 2010 | 751.77 GFS, current LCU | -11.0% |
| 2011 | 905.96 GFS, current LCU | +20.5% |
Cape Verde compared with similar countries
- Cape Verde's 905.96 GFS, current LCU is below the median for upper middle income countries, which is 2.90 billion GFS, current LCU, 0% of the median. (7 countries reporting)
- Cape Verde's 905.96 GFS, current LCU is below the median for Sub-Saharan Africa, which is 711.79 million GFS, current LCU, 0% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Subsidies 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 |
|---|---|---|---|
| 1992 | +2637.8% | 37.00 million GFS, current LCU | 1.01 billion GFS, current LCU |
| 2007 | +554.5% | 291.9 GFS, current LCU | 1,910 GFS, current LCU |
| 1999 | +399.0% | 1.02 billion GFS, current LCU | 5.09 billion GFS, current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 61.50 million GFS, current LCU | 50.00 million GFS, current LCU | 70.00 million GFS, current LCU | 4 |
| 1990s | 1.47 billion GFS, current LCU | 37.00 million GFS, current LCU | 5.09 billion GFS, current LCU | 10 |
| 2000s | 1,102 GFS, current LCU | 291.9 GFS, current LCU | 2,973 GFS, current LCU | 10 |
| 2010s | 828.86 GFS, current LCU | 751.77 GFS, current LCU | 905.96 GFS, 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)
- Scientific and technical journal articles 18.34 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is subsidies in Cape Verde?
- Subsidies in Cape Verde was 905.96 GFS, current LCU in 2011, according to World Bank country economists.
- What is the highest subsidies recorded in Cape Verde?
- The highest recorded value was 5.09 billion GFS, current LCU in 1999.
- What is the lowest subsidies recorded in Cape Verde?
- The lowest recorded value was 291.9 GFS, current LCU in 2006.
- How does Cape Verde rank for subsidies?
- Cape Verde ranks 28th out of 47 countries with data for 2011.
- Is subsidies rising or falling in Cape Verde?
- Over the last ten years it is down 46.0%. 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 Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.