Net ODA received (% of GNI) in Cape Verde
Cape Verde: Net ODA received was 4.1% in 2023. ◆ Volatile
Net ODA received in Cape Verde, 1980–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of GNI.
Analysis
In 2023, net oda received in Cape Verde stood at 4.1%.
That represents a change of up 8.8% on the previous year and down 67.0% over ten years.
Over the whole period, net oda received in Cape Verde peaked at 55.4% in 1986 and was at its lowest, 3.8%, in 2022.
Cape Verde ranks 52nd of 163 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.
Net ODA received in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 44.5% | — |
| 1981 | 34.8% | -21.9% |
| 1982 | 37.7% | +8.5% |
| 1983 | 42.7% | +13.1% |
| 1984 | 47.5% | +11.3% |
| 1985 | 48.1% | +1.3% |
| 1986 | 55.4% | +15.1% |
| 1987 | 35.9% | -35.1% |
| 1988 | 31.1% | -13.5% |
| 1989 | 30.7% | -1.4% |
| 1990 | 34.1% | +11.1% |
| 1991 | 31.8% | -6.7% |
| 1992 | 32.5% | +2.3% |
| 1993 | 23.4% | -28.0% |
| 1994 | 29.5% | +25.9% |
| 1995 | 23.9% | -18.9% |
| 1996 | 23.4% | -2.0% |
| 1997 | 22.8% | -2.6% |
| 1998 | 25.1% | +10.3% |
| 1999 | 23.5% | -6.6% |
| 2000 | 18.0% | -23.2% |
| 2001 | 14.0% | -22.2% |
| 2002 | 15.3% | +9.0% |
| 2003 | 18.2% | +19.2% |
| 2004 | 15.9% | -12.8% |
| 2005 | 17.4% | +9.4% |
| 2006 | 13.1% | -24.6% |
| 2007 | 10.3% | -21.6% |
| 2008 | 11.6% | +13.1% |
| 2009 | 10.9% | -6.3% |
| 2010 | 17.4% | +60.0% |
| 2011 | 12.7% | -26.8% |
| 2012 | 13.4% | +4.9% |
| 2013 | 12.5% | -6.6% |
| 2014 | 11.9% | -4.9% |
| 2015 | 9.1% | -23.6% |
| 2016 | 6.4% | -29.0% |
| 2017 | 6.4% | -1.3% |
| 2018 | 3.9% | -38.6% |
| 2019 | 6.9% | +77.2% |
| 2020 | 8.9% | +29.1% |
| 2021 | 7.2% | -19.0% |
| 2022 | 3.8% | -47.7% |
| 2023 | 4.1% | +8.8% |
Cape Verde compared with similar countries
- Cape Verde's 4.1% is above the median for upper middle income countries, which is 0.7%, 5.5× the median. (59 countries reporting)
- Cape Verde's 4.1% is below the median for Sub-Saharan Africa, which is 5.4%, 77% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.8% | 30.7% | 55.4% | 10 |
| 1990s | 27.0% | 22.8% | 34.1% | 10 |
| 2000s | 14.5% | 10.3% | 18.2% | 10 |
| 2010s | 10.1% | 3.9% | 17.4% | 10 |
| 2020s | 6.0% | 3.8% | 8.9% | 4 |
Countries ranked near Cape Verde
More aid effectiveness data for Cape Verde
- Net bilateral aid flows from DAC donors, Austria 1.50 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 4,325 current US$ (2023)
- Net bilateral aid flows from DAC donors, Canada 150,876 current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 1.86 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 1,669 current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 466,241 current US$ (2023)
- Net bilateral aid flows from DAC donors, France -474,773 current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 37,290 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 989,118 current US$ (2023)
- Net bilateral aid flows from DAC donors, Japan 3.30 million current US$ (2023)
Frequently asked questions
- What is net oda received in Cape Verde?
- Net oda received in Cape Verde was 4.1% in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Cape Verde?
- The highest recorded value was 55.4% in 1986.
- What is the lowest net oda received recorded in Cape Verde?
- The lowest recorded value was 3.8% in 2022.
- How does Cape Verde rank for net oda received?
- Cape Verde ranks 52nd out of 163 countries with data for 2023.
- Is net oda received rising or falling in Cape Verde?
- Over the last ten years it is down 67.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net ODA received (% of GNI). 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).