Net ODA received in Cape Verde
Cape Verde: Net ODA received was 18.7% in 2023. ▼ Falling
Net ODA received in Cape Verde, 2007–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of gross capital formation.
Analysis
In 2023, net oda received in Cape Verde stood at 18.7%.
The figure is up 9.5% on the previous year and down 53.6% over ten years.
Over the whole period, net oda received in Cape Verde peaked at 40.3% in 2013 and was at its lowest, 13.9%, in 2018.
That places Cape Verde 43rd out of 145 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Net ODA received in Cape Verde, year by year
| Year | % of gross capital formation | Change |
|---|---|---|
| 2007 | 21.3% | — |
| 2008 | 24.6% | +15.8% |
| 2009 | 25.7% | +4.2% |
| 2010 | 37.2% | +44.7% |
| 2011 | 27.3% | -26.4% |
| 2012 | 36.5% | +33.4% |
| 2013 | 40.3% | +10.5% |
| 2014 | 32.4% | -19.6% |
| 2015 | 30.1% | -7.1% |
| 2016 | 21.8% | -27.5% |
| 2017 | 21.0% | -3.6% |
| 2018 | 13.9% | -33.9% |
| 2019 | 29.0% | +108.4% |
| 2020 | 30.2% | +4.2% |
| 2021 | 25.7% | -14.8% |
| 2022 | 17.1% | -33.6% |
| 2023 | 18.7% | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.9% | 21.3% | 25.7% | 3 |
| 2010s | 28.9% | 13.9% | 40.3% | 10 |
| 2020s | 22.9% | 17.1% | 30.2% | 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 18.7% 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 40.3% in 2013.
- What is the lowest net oda received recorded in Cape Verde?
- The lowest recorded value was 13.9% in 2018.
- How does Cape Verde rank for net oda received?
- Cape Verde ranks 43rd out of 145 countries with data for 2023.
- Is net oda received rising or falling in Cape Verde?
- Over the last ten years it is down 53.6%. The long-run trend across the full record is falling.
- 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 gross capital formation). 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).