Goods and services expense (% of expense) in Cape Verde
Cape Verde: Goods and services expense (% of expense) was 20.5% in 2020. ▬ Flat
Goods and services expense in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Cape Verde is 20.5%, measured in 2020.
That represents a change of up 16.9% on the previous year and up 32.6% over ten years.
Over the whole period, goods and services expense in Cape Verde peaked at 20.6% in 2005 and was at its lowest, 13.6%, in 2013.
That places Cape Verde 44th out of 154 countries with data for 2020, putting it in the middle of the range.
Goods and services expense (% of expense) in Cape Verde, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 20.6% | — |
| 2006 | 18.3% | -11.2% |
| 2007 | 19.8% | +8.1% |
| 2008 | 15.3% | -22.5% |
| 2009 | 16.2% | +6.1% |
| 2010 | 15.4% | -5.1% |
| 2011 | 14.5% | -6.2% |
| 2012 | 13.9% | -3.8% |
| 2013 | 13.6% | -2.5% |
| 2014 | 14.7% | +8.3% |
| 2015 | 17.9% | +21.8% |
| 2016 | 17.3% | -3.1% |
| 2017 | 14.9% | -14.0% |
| 2018 | 16.2% | +8.7% |
| 2019 | 17.5% | +7.9% |
| 2020 | 20.5% | +16.9% |
Cape Verde compared with similar countries
- Cape Verde's 20.5% is above the median for upper middle income countries, which is 15.2%, 1.3× the median. (46 countries reporting)
- Cape Verde's 20.5% is above the median for Sub-Saharan Africa, which is 18.9%, 1.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.0% | 15.3% | 20.6% | 5 |
| 2010s | 15.6% | 13.6% | 17.9% | 10 |
| 2020s | 20.5% | 20.5% | 20.5% | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Democracy, 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)
- Elected parliament, 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)
- 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)
Frequently asked questions
- What is goods and services expense in Cape Verde?
- Goods and services expense in Cape Verde was 20.5% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Cape Verde?
- The highest recorded value was 20.6% in 2005.
- What is the lowest goods and services expense recorded in Cape Verde?
- The lowest recorded value was 13.6% in 2013.
- How does Cape Verde rank for goods and services expense?
- Cape Verde ranks 44th out of 154 countries with data for 2020.
- Is goods and services expense rising or falling in Cape Verde?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is flat.
- 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 Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.