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.
Expense in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 23.88 billion current LCU | — |
| 2006 | 26.22 billion current LCU | +9.8% |
| 2007 | 27.43 billion current LCU | +4.6% |
| 2008 | 28.13 billion current LCU | +2.6% |
| 2009 | 26.84 billion current LCU | -4.6% |
| 2010 | 27.33 billion current LCU | +1.8% |
| 2011 | 28.86 billion current LCU | +5.6% |
| 2012 | 27.80 billion current LCU | -3.7% |
| 2013 | 28.58 billion current LCU | +2.8% |
| 2014 | 30.40 billion current LCU | +6.4% |
| 2015 | 33.57 billion current LCU | +10.4% |
| 2016 | 35.17 billion current LCU | +4.8% |
| 2017 | 36.46 billion current LCU | +3.7% |
| 2018 | 46.37 billion current LCU | +27.2% |
| 2019 | 52.97 billion current LCU | +14.2% |
| 2020 | 54.45 billion current LCU | +2.8% |
Cape Verde compared with similar countries
- Cape Verde's 54.45 billion current LCU is below the median for upper middle income countries, which is 310.25 billion current LCU, 18% of the median. (47 countries reporting)
- Cape Verde's 54.45 billion current LCU is below the median for Sub-Saharan Africa, which is 972.73 billion current LCU, 6% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Expense in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +27.2% | 36.46 billion current LCU | 46.37 billion current LCU |
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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.
Download this data
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.