Fossil-fuel subsidies in Cape Verde

Cape Verde: Fossil-fuel subsidies was 20.00 million billions of current united states dollars in 2022. ◆ Volatile

Latest (2022)
20.00 million billions of current united states dollars
Change on year
up 100.0%
World rank
129th
of 149 countries
All-time high
60.00 million billions of current united states dollars
in 2014
All-time low
-10.00 million billions of current united states dollars
in 2015
Years of data
13
2010–2022

Fossil-fuel subsidies in Cape Verde, 2010–2022

-20.0M020.0M40.0M60.0M2010201620222010: 40.0M billions of current united states dollars2011: 40.0M billions of current united states dollars2012: 50.0M billions of current united states dollars2013: 50.0M billions of current united states dollars2014: 60.0M billions of current united states dollars2015: -10.0M billions of current united states dollars2016: -10.0M billions of current united states dollars2017: 0 billions of current united states dollars2018: 20.0M billions of current united states dollars2019: 10.0M billions of current united states dollars2020: 10.0M billions of current united states dollars2021: 10.0M billions of current united states dollars2022: 20.0M billions of current united states dollars

Source: United Nations Environment Programme – processed by Our World in Data. Measured in billions of current united states dollars.

Analysis

The most recent figure for fossil-fuel subsidies in Cape Verde is 20.00 million billions of current united states dollars, measured in 2022.

The figure is up 100.0% on the previous year and down 60.0% over ten years.

Over the whole period, fossil-fuel subsidies in Cape Verde peaked at 60.00 million billions of current united states dollars in 2014 and was at its lowest, -10.00 million billions of current united states dollars, in 2015.

Cape Verde ranks 129th of 149 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 25.00 million billions of current united states dollars -10.00 million billions of current united states dollars 60.00 million billions of current united states dollars 10
2020s 13.33 million billions of current united states dollars 10.00 million billions of current united states dollars 20.00 million billions of current united states dollars 3

Countries ranked near Cape Verde

  1. 128 Chad 30.00 million billions of current united states dollars compare
  2. 129 Fiji 20.00 million billions of current united states dollars compare
  3. 129 Sao Tome and Principe 20.00 million billions of current united states dollars compare
  4. 129 Seychelles 20.00 million billions of current united states dollars compare
  5. 129 Yemen 20.00 million billions of current united states dollars compare

See the full ranking of 149 places →

More energy & mining data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is fossil-fuel subsidies in Cape Verde?
Fossil-fuel subsidies in Cape Verde was 20.00 million billions of current united states dollars in 2022, according to United Nations Environment Programme – processed by Our World in Data.
What is the highest fossil-fuel subsidies recorded in Cape Verde?
The highest recorded value was 60.00 million billions of current united states dollars in 2014.
What is the lowest fossil-fuel subsidies recorded in Cape Verde?
The lowest recorded value was -10.00 million billions of current united states dollars in 2015.
How does Cape Verde rank for fossil-fuel subsidies?
Cape Verde ranks 129th out of 149 countries with data for 2022.
Is fossil-fuel subsidies rising or falling in Cape Verde?
Over the last ten years it is down 60.0%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from United Nations Environment Programme – processed by Our World in Data, published as part of Fossil-fuel subsidies. Statizoid updates them automatically from the source API.

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About this data

Indicator
Fossil-fuel subsidies
Unit
billions of current united states dollars
Source
United Nations Environment Programme – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
149 places, 1,727 data points, 2010–2024
Last refreshed

Fossil-fuel subsidies (consumption and production) (billions of nominal United States dollars)