Net official development assistance and official aid received in Cape Verde
Cape Verde: Net official development assistance and official aid received was 101.71 million current US$ in 2023. ◆ Volatile
Net official development assistance and official aid received in Cape Verde, 1961–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net official development assistance and official aid received in Cape Verde is 101.71 million current US$, measured in 2023.
That represents a change of up 21.2% on the previous year and down 58.5% over ten years.
Over the whole period, net official development assistance and official aid received in Cape Verde peaked at 304.77 million current US$ in 2010 and was at its lowest, 10,000 current US$, in 1969.
Cape Verde ranks 130th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance and official aid received in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 2.72 million current US$ | — |
| 1966 | 2.41 million current US$ | -11.4% |
| 1967 | 710,000 current US$ | -70.5% |
| 1969 | 10,000 current US$ | -98.6% |
| 1975 | 8.65 million current US$ | +86400.0% |
| 1976 | 23.97 million current US$ | +177.1% |
| 1977 | 26.06 million current US$ | +8.7% |
| 1978 | 35.06 million current US$ | +34.5% |
| 1979 | 32.48 million current US$ | -7.4% |
| 1980 | 61.84 million current US$ | +90.4% |
| 1981 | 48.69 million current US$ | -21.3% |
| 1982 | 51.39 million current US$ | +5.5% |
| 1983 | 56.19 million current US$ | +9.3% |
| 1984 | 60.60 million current US$ | +7.8% |
| 1985 | 64.31 million current US$ | +6.1% |
| 1986 | 104.08 million current US$ | +61.8% |
| 1987 | 84.46 million current US$ | -18.9% |
| 1988 | 82.39 million current US$ | -2.5% |
| 1989 | 82.98 million current US$ | +0.7% |
| 1990 | 105.28 million current US$ | +26.9% |
| 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 | 304.77 million current US$ | +54.9% |
| 2011 | 251.37 million current US$ | -17.5% |
| 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 | 123.00 million current US$ | +6.7% |
| 2018 | 84.28 million current US$ | -31.5% |
| 2019 | 152.92 million current US$ | +81.5% |
| 2020 | 159.28 million current US$ | +4.2% |
| 2021 | 146.46 million current US$ | -8.0% |
| 2022 | 83.92 million current US$ | -42.7% |
| 2023 | 101.71 million current US$ | +21.2% |
Cape Verde compared with similar countries
- Cape Verde's 101.71 million current US$ is below the median for upper middle income countries, which is 223.69 million current US$, 45% of the median. (59 countries reporting)
- Cape Verde's 101.71 million current US$ is below the median for Sub-Saharan Africa, which is 865.90 million current US$, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance and official aid received in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +86400.0% | 10,000 current US$ | 8.65 million current US$ |
| 1976 | +177.1% | 8.65 million current US$ | 23.97 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.46 million current US$ | 10,000 current US$ | 2.72 million current US$ | 4 |
| 1970s | 25.24 million current US$ | 8.65 million current US$ | 35.06 million current US$ | 5 |
| 1980s | 69.69 million current US$ | 48.69 million current US$ | 104.08 million current US$ | 10 |
| 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 | 190.70 million current US$ | 84.28 million current US$ | 304.77 million current US$ | 10 |
| 2020s | 122.84 million current US$ | 83.92 million current US$ | 159.28 million current US$ | 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 official development assistance and official aid received in Cape Verde?
- Net official development assistance and official aid received in Cape Verde was 101.71 million current US$ in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net official development assistance and official aid received recorded in Cape Verde?
- The highest recorded value was 304.77 million current US$ in 2010.
- What is the lowest net official development assistance and official aid received recorded in Cape Verde?
- The lowest recorded value was 10,000 current US$ in 1969.
- How does Cape Verde rank for net official development assistance and official aid received?
- Cape Verde ranks 130th out of 181 countries with data for 2023.
- Is net official development assistance and official aid received rising or falling in Cape Verde?
- Over the last ten years it is down 58.5%. 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 official development assistance and official aid received (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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). Net official aid refers to aid flows (net of repayments) from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data. Data are in current U.S. dollars.