Net official development assistance received in Cape Verde
Cape Verde: Net official development assistance received was 101.71 million current US$ in 2023. ◆ Volatile
Net official development assistance received in Cape Verde, 1961–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in current US$.
Analysis
The most recent figure for net official development assistance received in Cape Verde is 101.71 million current US$, measured in 2023.
Compared with earlier readings it is up 21.2% on the previous year and down 58.5% over ten years.
Over the whole period, net official development assistance received in Cape Verde peaked at 304.77 million current US$ in 2010 and was at its lowest, 10,000 current US$, in 1969.
Cape Verde ranks 120th of 171 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net official development assistance received in Cape Verde, year by year
| Year | current US$ | 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$, 12% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +86400.0% | 10,000 current US$ | 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 received in Cape Verde?
- Net official development assistance 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 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 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 received?
- Cape Verde ranks 120th out of 171 countries with data for 2023.
- Is net official development assistance 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 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.