Wages and salaries in Cape Verde
Cape Verde: Wages and salaries was 17,882 current LCU in 2011. ◆ Volatile
Wages and salaries in Cape Verde, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, wages and salaries in Cape Verde stood at 17,882 current LCU.
The figure is up 10.5% on the previous year and up 171.9% over ten years.
Over the whole period, wages and salaries in Cape Verde peaked at 5.98 billion current LCU in 1999 and was at its lowest, 0 current LCU, in 1984.
Cape Verde ranks 50th of 51 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Wages and salaries in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 0 current LCU | — |
| 1985 | 0 current LCU | — |
| 1988 | 1.26 billion current LCU | — |
| 1989 | 1.63 billion current LCU | +29.1% |
| 1990 | 1.75 billion current LCU | +7.2% |
| 1991 | 2.15 billion current LCU | +23.4% |
| 1992 | 2.36 billion current LCU | +9.7% |
| 1993 | 3.10 billion current LCU | +30.9% |
| 1994 | 3.40 billion current LCU | +9.7% |
| 1995 | 3.95 billion current LCU | +16.3% |
| 1996 | 4.28 billion current LCU | +8.5% |
| 1997 | 4.53 billion current LCU | +5.7% |
| 1998 | 4.89 billion current LCU | +8.1% |
| 1999 | 5.98 billion current LCU | +22.1% |
| 2000 | 6,412 current LCU | -100.0% |
| 2001 | 6,577 current LCU | +2.6% |
| 2002 | 7,092 current LCU | +7.8% |
| 2003 | 9,361 current LCU | +32.0% |
| 2004 | 10,232 current LCU | +9.3% |
| 2005 | 10,733 current LCU | +4.9% |
| 2006 | 11,547 current LCU | +7.6% |
| 2007 | 12,491 current LCU | +8.2% |
| 2008 | 13,518 current LCU | +8.2% |
| 2009 | 14,844 current LCU | +9.8% |
| 2010 | 16,180 current LCU | +9.0% |
| 2011 | 17,882 current LCU | +10.5% |
Cape Verde compared with similar countries
- Cape Verde's 17,882 current LCU is below the median for upper middle income countries, which is 36.63 billion current LCU, 0% of the median. (7 countries reporting)
- Cape Verde's 17,882 current LCU is below the median for Sub-Saharan Africa, which is 82.80 billion current LCU, 0% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Wages and salaries 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 |
|---|---|---|---|
| 2000 | -100.0% | 5.98 billion current LCU | 6,412 current LCU |
| 2003 | +32.0% | 7,092 current LCU | 9,361 current LCU |
| 1993 | +30.9% | 2.36 billion current LCU | 3.10 billion current LCU |
| 1989 | +29.1% | 1.26 billion current LCU | 1.63 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 722.25 million current LCU | 0 current LCU | 1.63 billion current LCU | 4 |
| 1990s | 3.64 billion current LCU | 1.75 billion current LCU | 5.98 billion current LCU | 10 |
| 2000s | 10,281 current LCU | 6,412 current LCU | 14,844 current LCU | 10 |
| 2010s | 17,031 current LCU | 16,180 current LCU | 17,882 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 wages and salaries in Cape Verde?
- Wages and salaries in Cape Verde was 17,882 current LCU in 2011, according to World Bank country economists.
- What is the highest wages and salaries recorded in Cape Verde?
- The highest recorded value was 5.98 billion current LCU in 1999.
- What is the lowest wages and salaries recorded in Cape Verde?
- The lowest recorded value was 0 current LCU in 1984.
- How does Cape Verde rank for wages and salaries?
- Cape Verde ranks 50th out of 51 countries with data for 2011.
- Is wages and salaries rising or falling in Cape Verde?
- Over the last ten years it is up 171.9%. 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 Wages and salaries (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Wages and salaries consist of all payments in cash, but not in kind, to employees in return for services rendered, before deduction of withholding taxes and employees contributions to social security and pension funds. Data are shown for central government only. Data are in current local currency.