Expense in Cape Verde
Cape Verde: Expense was 54.45 billion current LCU in 2020. ▲ Rising
Expense in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, expense in Cape Verde stood at 54.45 billion current LCU. That is the highest value across all 16 years on record.
That represents a change of up 2.8% on the previous year and up 99.3% over ten years.
Over the whole period, expense in Cape Verde peaked at 54.45 billion current LCU in 2020 and was at its lowest, 23.88 billion current LCU, in 2005.
That places Cape Verde 107th out of 157 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.50 billion current LCU | 23.88 billion current LCU | 28.13 billion current LCU | 5 |
| 2010s | 34.75 billion current LCU | 27.33 billion current LCU | 52.97 billion current LCU | 10 |
| 2020s | 54.45 billion current LCU | 54.45 billion current LCU | 54.45 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Tax revenue 18.4% (2020)
- Taxes on income, profits and capital gains 22.7% (2020)
- Taxes on goods and services 36.2% (2020)
- Net investment in nonfinancial assets 3.4% (2020)
- Net lending (+) / net borrowing (-) -9.4% (2020)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
Frequently asked questions
- What is expense in Cape Verde?
- Expense in Cape Verde was 54.45 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Cape Verde?
- The highest recorded value was 54.45 billion current LCU in 2020.
- What is the lowest expense recorded in Cape Verde?
- The lowest recorded value was 23.88 billion current LCU in 2005.
- How does Cape Verde rank for expense?
- Cape Verde ranks 107th out of 157 countries with data for 2020.
- Is expense rising or falling in Cape Verde?
- Over the last ten years it is up 99.3%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.