Adjusted savings: education expenditure in Cape Verde
Cape Verde: Adjusted savings: education expenditure was 5.2% in 2021. ▲ Rising
Adjusted savings: education expenditure in Cape Verde, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Cape Verde recorded 5.2% for adjusted savings: education expenditure in 2021.
The figure is up 4.1% over ten years.
Over the whole period, adjusted savings: education expenditure in Cape Verde peaked at 6.2% in 2004 and was at its lowest, 2.5%, in 1987.
Cape Verde ranks 44th of 200 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted savings: education expenditure in Cape Verde, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.7% | — |
| 1971 | 3.7% | +0.0% |
| 1972 | 3.7% | +0.0% |
| 1973 | 3.7% | +0.0% |
| 1974 | 3.7% | +0.0% |
| 1975 | 3.7% | +0.0% |
| 1976 | 3.7% | +0.0% |
| 1977 | 3.7% | +0.0% |
| 1978 | 3.7% | +0.0% |
| 1979 | 3.7% | +0.0% |
| 1980 | 3.7% | +0.0% |
| 1981 | 3.7% | +0.0% |
| 1982 | 3.7% | +0.0% |
| 1983 | 3.7% | +0.0% |
| 1984 | 2.8% | -24.8% |
| 1985 | 2.6% | -7.1% |
| 1986 | 3.1% | +20.0% |
| 1987 | 2.5% | -19.9% |
| 1988 | 3.3% | +33.7% |
| 1989 | 3.3% | +0.0% |
| 1990 | 3.3% | +0.0% |
| 1991 | 3.0% | -10.2% |
| 1992 | 3.9% | +29.9% |
| 1993 | 3.9% | +0.0% |
| 1994 | 3.9% | +0.0% |
| 1995 | 3.9% | +0.0% |
| 1996 | 3.9% | +0.0% |
| 1997 | 3.9% | +0.0% |
| 1998 | 3.9% | +0.1% |
| 1999 | 4.6% | +18.5% |
| 2000 | 4.7% | +2.5% |
| 2001 | 4.9% | +2.5% |
| 2002 | 5.0% | +2.4% |
| 2003 | 5.5% | +10.1% |
| 2004 | 6.2% | +14.0% |
| 2005 | 5.6% | -9.5% |
| 2006 | 5.0% | -10.5% |
| 2007 | 4.7% | -7.1% |
| 2008 | 5.1% | +8.1% |
| 2009 | 4.7% | -6.9% |
| 2010 | 4.9% | +4.0% |
| 2011 | 5.0% | +2.0% |
| 2012 | 5.1% | +1.3% |
| 2013 | 5.1% | +1.3% |
| 2014 | 5.2% | +1.3% |
| 2015 | 5.3% | +1.2% |
| 2016 | 5.2% | -1.1% |
| 2017 | 5.2% | +0.0% |
| 2018 | 5.2% | +0.0% |
| 2019 | 5.2% | +0.0% |
| 2020 | 5.2% | +0.0% |
| 2021 | 5.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.7% | 3.7% | 3.7% | 10 |
| 1980s | 3.3% | 2.5% | 3.7% | 10 |
| 1990s | 3.8% | 3.0% | 4.6% | 10 |
| 2000s | 5.1% | 4.7% | 6.2% | 10 |
| 2010s | 5.1% | 4.9% | 5.3% | 10 |
| 2020s | 5.2% | 5.2% | 5.2% | 2 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Gross capital formation (current US$), annual growth rate 20.18 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1741 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,009 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 15.4 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 17.03 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 98,742 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 13.08 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,059 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.83 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Cape Verde?
- Adjusted savings: education expenditure in Cape Verde was 5.2% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Cape Verde?
- The highest recorded value was 6.2% in 2004.
- What is the lowest adjusted savings: education expenditure recorded in Cape Verde?
- The lowest recorded value was 2.5% in 1987.
- How does Cape Verde rank for adjusted savings: education expenditure?
- Cape Verde ranks 44th out of 200 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.