Net official development assistance received in Cape Verde
Cape Verde: Net official development assistance received was 83.19 million current US$ in 2018. ▲ Rising
Net official development assistance received in Cape Verde, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2018, net official development assistance received in Cape Verde stood at 83.19 million current US$.
That represents a change of down 32.4% on the previous year and down 62.5% over ten years.
Over the whole period, net official development assistance received in Cape Verde peaked at 326.98 million current US$ in 2010 and was at its lowest, 78.06 million current US$, in 2001.
Cape Verde ranks 119th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Net official development assistance received in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 105.28 million current US$ | — |
| 1991 | 102.00 million current US$ | -3.1% |
| 1992 | 116.48 million current US$ | +14.2% |
| 1993 | 114.96 million current US$ | -1.3% |
| 1994 | 119.67 million current US$ | +4.1% |
| 1995 | 115.73 million current US$ | -3.3% |
| 1996 | 116.46 million current US$ | +0.6% |
| 1997 | 111.01 million current US$ | -4.7% |
| 1998 | 129.77 million current US$ | +16.9% |
| 1999 | 136.97 million current US$ | +5.5% |
| 2000 | 94.65 million current US$ | -30.9% |
| 2001 | 78.06 million current US$ | -17.5% |
| 2002 | 92.50 million current US$ | +18.5% |
| 2003 | 145.33 million current US$ | +57.1% |
| 2004 | 143.78 million current US$ | -1.1% |
| 2005 | 162.87 million current US$ | +13.3% |
| 2006 | 139.11 million current US$ | -14.6% |
| 2007 | 166.05 million current US$ | +19.4% |
| 2008 | 221.88 million current US$ | +33.6% |
| 2009 | 196.77 million current US$ | -11.3% |
| 2010 | 326.98 million current US$ | +66.2% |
| 2011 | 251.37 million current US$ | -23.1% |
| 2012 | 245.64 million current US$ | -2.3% |
| 2013 | 245.16 million current US$ | -0.2% |
| 2014 | 231.39 million current US$ | -5.6% |
| 2015 | 153.25 million current US$ | -33.8% |
| 2016 | 115.24 million current US$ | -24.8% |
| 2017 | 123.01 million current US$ | +6.7% |
| 2018 | 83.19 million current US$ | -32.4% |
Cape Verde compared with similar countries
- Cape Verde's 83.19 million current US$ is below the median for upper middle income countries, which is 139.09 million current US$, 60% of the median. (59 countries reporting)
- Cape Verde's 83.19 million current US$ is below the median for Sub-Saharan Africa, which is 673.12 million current US$, 12% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 116.83 million current US$ | 102.00 million current US$ | 136.97 million current US$ | 10 |
| 2000s | 144.10 million current US$ | 78.06 million current US$ | 221.88 million current US$ | 10 |
| 2010s | 197.25 million current US$ | 83.19 million current US$ | 326.98 million current US$ | 9 |
Countries ranked near Cape Verde
More external debt data for Cape Verde
- IFC, private nonguaranteed 925,051 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.76 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0003 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 6,183 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 4.8% (2024)
- Net financial flows, IDA 36.40 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 69.35 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0134 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -1.74 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 10.7% (2024)
Frequently asked questions
- What is net official development assistance received in Cape Verde?
- Net official development assistance received in Cape Verde was 83.19 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Cape Verde?
- The highest recorded value was 326.98 million current US$ in 2010.
- What is the lowest net official development assistance received recorded in Cape Verde?
- The lowest recorded value was 78.06 million current US$ in 2001.
- How does Cape Verde rank for net official development assistance received?
- Cape Verde ranks 119th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Cape Verde?
- Over the last ten years it is down 62.5%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.