Expenditure, General government, Percent of GDP in Cape Verde
Cape Verde: Expenditure, General government, Percent of GDP was 26.03 in 2030. ▼ Falling
Latest (2030)
26.03
Change on year
up 0.1%
World rank
114th
of 195 countries
All-time high
44.51
in 1995
All-time low
23.41
in 2003
Years of data
36
1995–2030
Expenditure, General government, Percent of GDP in Cape Verde, 1995–2030
Source: International Monetary Fund.
Analysis
The most recent figure for expenditure, general government, percent of gdp in Cape Verde is 26.03, measured in 2030.
The figure is up 0.1% on the previous year and down 24.7% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Cape Verde peaked at 44.51 in 1995 and was at its lowest, 23.41, in 2003.
Cape Verde ranks 114th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 36 years of available data.
Expenditure, General government, Percent of GDP in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 44.51 | — |
| 1996 | 38.92 | -12.5% |
| 1997 | 34.79 | -10.6% |
| 1998 | 29.85 | -14.2% |
| 1999 | 34.96 | +17.1% |
| 2000 | 36.69 | +5.0% |
| 2001 | 24.16 | -34.2% |
| 2002 | 28.53 | +18.1% |
| 2003 | 23.41 | -18.0% |
| 2004 | 26.27 | +12.2% |
| 2005 | 26.23 | -0.2% |
| 2006 | 28.4 | +8.3% |
| 2007 | 27.06 | -4.7% |
| 2008 | 27.6 | +2.0% |
| 2009 | 30.63 | +11.0% |
| 2010 | 35.71 | +16.6% |
| 2011 | 30.34 | -15.0% |
| 2012 | 31.58 | +4.1% |
| 2013 | 30.87 | -2.3% |
| 2014 | 27.77 | -10.0% |
| 2015 | 28.7 | +3.3% |
| 2016 | 26.65 | -7.1% |
| 2017 | 27.98 | +5.0% |
| 2018 | 27.54 | -1.6% |
| 2019 | 27.51 | -0.1% |
| 2020 | 34.54 | +25.6% |
| 2021 | 30.79 | -10.9% |
| 2022 | 26.6 | -13.6% |
| 2023 | 25.7 | -3.4% |
| 2024 | 26.09 | +1.5% |
| 2025 | 28.07 | +7.6% |
| 2026 | 25.97 | -7.5% |
| 2027 | 26.37 | +1.5% |
| 2028 | 25.92 | -1.7% |
| 2029 | 26 | +0.3% |
| 2030 | 26.03 | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 36.61 | 29.85 | 44.51 | 5 |
| 2000s | 27.9 | 23.41 | 36.69 | 10 |
| 2010s | 29.46 | 26.65 | 35.71 | 10 |
| 2020s | 27.61 | 25.7 | 34.54 | 10 |
| 2030s | 26.03 | 26.03 | 26.03 | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 5.84 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 32.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.83 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 744.42 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 3,562 current USD per square kilometre (2023)
Frequently asked questions
- What is expenditure, general government, percent of gdp in Cape Verde?
- Expenditure, general government, percent of gdp in Cape Verde was 26.03 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Cape Verde?
- The highest recorded value was 44.51 in 1995.
- What is the lowest expenditure, general government, percent of gdp recorded in Cape Verde?
- The lowest recorded value was 23.41 in 2003.
- How does Cape Verde rank for expenditure, general government, percent of gdp?
- Cape Verde ranks 114th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Cape Verde?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October