What would a basic income cost in Cape Verde?
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Total cost per year
30.4 billion Cape Verdean escudos
about 310 million US dollars
527,326 people × 4,800 Cape Verdean escudos a month × 12 months
Compared with
- Government expense (central) (2020)32.9%
- Government revenue (central, excl. grants) (2020)47.1%
- Tax revenue (central government) (2020)55.2%
- GDP (nominal) (2025)10.2%
Cape Verde in numbers
Cape Verde has a population of 527,326 (2025) and a GDP of 299 billion Cape Verdean escudos (about 3.06 billion US dollars) in 2025.
Paying everyone 4,800 Cape Verdean escudos a month would cost 30.4 billion Cape Verdean escudos a year (about 310 million US dollars), or 10.2% of GDP. That equals 32.9% of central government expense (2020), 47.1% of its revenue (2020), and 55.2% of its tax revenue (2020).
Children only (under 18: 159,535) would cost 9.19 billion Cape Verdean escudos a year (3.1% of GDP); adults only (18 and over: 367,791), 21.2 billion Cape Verdean escudos (7.1%).
Default amount: 4,800 Cape Verdean escudos a month is the World Bank's international poverty line of $3.00 a day (2021 PPP), converted into Cape Verdean escudos with the World Bank's PPP conversion factor for household consumption (2025) and rounded to two significant figures. It is a reference point, not a policy proposal; change it above.
How to read this
This is the gross cost: the total paid out. The real net cost depends on which taxes fund it, which benefits or tax breaks it replaces and whether the payment is taxed. The population, budget and GDP figures are not all from the same year (see the sources).
Sources for the figures
- Population
- World Bank: population, total (SP.POP.TOTL), and population by single year of age 0 to 17 (SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN), 2025
- SP.POP.AG00.FE.IN … SP.POP.AG17.MA.IN
- Government expense and tax revenue
- World Bank: central government expense, revenue excluding grants and tax revenue, % of GDP (GC.XPN.TOTL.GD.ZS, GC.REV.XGRT.GD.ZS, GC.TAX.TOTL.GD.ZS), 2020
- Default amount
- World Bank: international poverty line of $3.00 a day (2021 PPP), June 2025 update
- World Bank: PPP conversion factor, household final consumption (PA.NUS.PRVT.PP), 2025
- Retrieved from the World Bank API on November 9, 2026 (CC BY 4.0). Government figures are central government, as a share of GDP in their own year, applied to the latest GDP.