Africa's Development Dynamics (AfDD) Table 20 - External financial in Cabo Verde
Cabo Verde: Africa's Development Dynamics (AfDD) Table 20 - External financial was 3.67 Percentage of GDP in 2022. ▼ Falling
Africa's Development Dynamics (AfDD) Table 20 - External financial in Cabo Verde, 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2022, africa's development dynamics (afdd) table 20 - external financial in Cabo Verde stood at 3.67 Percentage of GDP. That is the lowest value across all 23 years on record.
Compared with earlier readings it is down 49.4% on the previous year and down 71.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 20 - external financial in Cabo Verde peaked at 17.92 Percentage of GDP in 2010 and was at its lowest, 3.67 Percentage of GDP, in 2022.
That places Cabo Verde 9th out of 26 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Africa's Development Dynamics (AfDD) Table 20 - External financial in Cabo Verde, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 15.55 Percentage of GDP | — |
| 2001 | 12.68 Percentage of GDP | -18.4% |
| 2002 | 13.63 Percentage of GDP | +7.5% |
| 2003 | 17.62 Percentage of GDP | +29.3% |
| 2004 | 15.25 Percentage of GDP | -13.5% |
| 2005 | 15.64 Percentage of GDP | +2.5% |
| 2006 | 12.84 Percentage of GDP | -17.9% |
| 2007 | 11.78 Percentage of GDP | -8.2% |
| 2008 | 13.83 Percentage of GDP | +17.4% |
| 2009 | 11.81 Percentage of GDP | -14.6% |
| 2010 | 17.92 Percentage of GDP | +51.7% |
| 2011 | 12.28 Percentage of GDP | -31.5% |
| 2012 | 12.84 Percentage of GDP | +4.6% |
| 2013 | 12.08 Percentage of GDP | -5.9% |
| 2014 | 11.33 Percentage of GDP | -6.2% |
| 2015 | 8.76 Percentage of GDP | -22.7% |
| 2016 | 6.21 Percentage of GDP | -29.1% |
| 2017 | 6.26 Percentage of GDP | +0.8% |
| 2018 | 4.07 Percentage of GDP | -35.0% |
| 2019 | 6.81 Percentage of GDP | +67.5% |
| 2020 | 8.64 Percentage of GDP | +26.9% |
| 2021 | 7.27 Percentage of GDP | -15.9% |
| 2022 | 3.67 Percentage of GDP | -49.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.06 Percentage of GDP | 11.78 Percentage of GDP | 17.62 Percentage of GDP | 10 |
| 2010s | 9.86 Percentage of GDP | 4.07 Percentage of GDP | 17.92 Percentage of GDP | 10 |
| 2020s | 6.53 Percentage of GDP | 3.67 Percentage of GDP | 8.64 Percentage of GDP | 3 |
Countries ranked near Cabo Verde
- 6 Afghanistan 26.91 Percentage of GDP compare
- 6 Ethiopia 4.14 Percentage of GDP compare
- 7 South Sudan 25.84 Percentage of GDP compare
- 8 Nauru 23.06 Percentage of GDP compare
- 9 Democratic Republic of the Congo 4.93 Percentage of GDP compare
- 9 Palau 22.59 Percentage of GDP compare
- 10 Somalia 18.6 Percentage of GDP compare
- 10 Mauritania 3.34 Percentage of GDP compare
- 11 Ukraine 17.9 Percentage of GDP compare
- 12 Solomon Islands 16.2 Percentage of GDP compare
More reference data data for Cabo Verde
- Exposure to extreme temperature — Annual temperature change 1.07 Degrees celsius (2023)
- Exposure to extreme precipitation — Annual precipitation change 41.66 Millimetres per year (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 11.38 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.05 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 42.51 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 11.69 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.39 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 17.18 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 17.66 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 20 - external financial in Cabo Verde?
- Africa's development dynamics (afdd) table 20 - external financial in Cabo Verde was 3.67 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 20 - external financial recorded in Cabo Verde?
- The highest recorded value was 17.92 Percentage of GDP in 2010.
- What is the lowest africa's development dynamics (afdd) table 20 - external financial recorded in Cabo Verde?
- The lowest recorded value was 3.67 Percentage of GDP in 2022.
- How does Cabo Verde rank for africa's development dynamics (afdd) table 20 - external financial?
- Cabo Verde ranks 9th out of 26 countries with data for 2022.
- Is africa's development dynamics (afdd) table 20 - external financial rising or falling in Cabo Verde?
- Over the last ten years it is down 71.4%. The long-run trend across the full record is falling.
- Where does this Cabo Verde data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 20 - External financial inflows — Net Official Development Assistance (ODA) inflows. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 20 shows indicators of external financial flows in US dollars and as a percentage of GDP, including foreign direct investment, portfolio investment, net official development assistance, and remittances.