Total natural resources rents in Cape Verde
Cape Verde: Total natural resources rents was 17.7% in 2021. ◆ Volatile
Total natural resources rents in Cape Verde, 1987–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
In 2021, total natural resources rents in Cape Verde stood at 17.7%.
Compared with earlier readings it is up 52.4% on the previous year and down 56.0% over ten years.
Over the whole period, total natural resources rents in Cape Verde peaked at 70.4% in 1989 and was at its lowest, 9.5%, in 2015.
That places Cape Verde 30th out of 212 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total natural resources rents in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1987 | 60.9% | — |
| 1988 | 60.1% | -1.3% |
| 1989 | 70.4% | +17.1% |
| 1990 | 59.4% | -15.5% |
| 1991 | 56.3% | -5.2% |
| 1992 | 45.7% | -18.9% |
| 1993 | 27.1% | -40.6% |
| 1994 | 28.7% | +5.8% |
| 1995 | 30.0% | +4.4% |
| 1996 | 29.5% | -1.6% |
| 1997 | 28.6% | -3.1% |
| 1998 | 22.6% | -21.2% |
| 1999 | 14.3% | -36.7% |
| 2000 | 17.5% | +22.3% |
| 2001 | 24.3% | +38.9% |
| 2002 | 19.2% | -20.9% |
| 2003 | 14.4% | -25.2% |
| 2004 | 25.7% | +78.7% |
| 2005 | 32.2% | +25.3% |
| 2006 | 30.9% | -4.0% |
| 2007 | 22.1% | -28.5% |
| 2008 | 49.2% | +123.1% |
| 2009 | 21.7% | -55.8% |
| 2010 | 33.3% | +53.0% |
| 2011 | 40.1% | +20.6% |
| 2012 | 25.1% | -37.6% |
| 2013 | 16.6% | -33.9% |
| 2014 | 12.0% | -27.5% |
| 2015 | 9.5% | -20.9% |
| 2016 | 10.2% | +7.3% |
| 2017 | 12.3% | +20.9% |
| 2018 | 14.3% | +16.4% |
| 2019 | 13.2% | -8.2% |
| 2020 | 11.6% | -12.0% |
| 2021 | 17.7% | +52.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 63.8% | 60.1% | 70.4% | 3 |
| 1990s | 34.2% | 14.3% | 59.4% | 10 |
| 2000s | 25.7% | 14.4% | 49.2% | 10 |
| 2010s | 18.7% | 9.5% | 40.1% | 10 |
| 2020s | 14.6% | 11.6% | 17.7% | 2 |
Countries ranked near Cape Verde
- 27 Gabon 18.5% compare
- 28 Mali 18.4% compare
- 29 Solomon Islands 18.4% compare
- 31 United Arab Emirates 17.6% compare
- 32 Chile 16.9% compare
- 33 New Caledonia 16.8% compare
More energy & mining data for Cape Verde
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 3.55 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 14.4% (2024)
Frequently asked questions
- What is total natural resources rents in Cape Verde?
- Total natural resources rents in Cape Verde was 17.7% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Cape Verde?
- The highest recorded value was 70.4% in 1989.
- What is the lowest total natural resources rents recorded in Cape Verde?
- The lowest recorded value was 9.5% in 2015.
- How does Cape Verde rank for total natural resources rents?
- Cape Verde ranks 30th out of 212 countries with data for 2021.
- Is total natural resources rents rising or falling in Cape Verde?
- Over the last ten years it is down 56.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Total natural resources rents (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.