Annual growth of general government final consumption expenditure in Cape Verde
Cape Verde: Annual growth of general government final consumption expenditure was 2.54 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Cape Verde, 2008–2023
Source: Our World in Data.
Analysis
In 2023, annual growth of general government final consumption expenditure in Cape Verde stood at 2.54.
That represents a change of up 192.0% on the previous year and up 30.9% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Cape Verde peaked at 16.34 in 2019 and was at its lowest, -8.25, in 2017.
Cape Verde ranks 68th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 3.84 | — |
| 2009 | 7.25 | +88.8% |
| 2010 | 1.99 | -72.6% |
| 2011 | 6.04 | +203.5% |
| 2012 | -5.93 | -198.2% |
| 2013 | 1.94 | -132.7% |
| 2014 | 5.16 | +166.0% |
| 2015 | 3.77 | -26.9% |
| 2016 | 3.83 | +1.6% |
| 2017 | -8.25 | -315.4% |
| 2018 | 5.56 | -167.4% |
| 2019 | 16.34 | +193.9% |
| 2020 | 2.42 | -85.2% |
| 2021 | 10.03 | +314.5% |
| 2022 | -2.76 | -127.5% |
| 2023 | 2.54 | -192.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.54 | 3.84 | 7.25 | 2 |
| 2010s | 3.04 | -8.25 | 16.34 | 10 |
| 2020s | 3.06 | -2.76 | 10.03 | 4 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Manufacturing, value added (current US$), per unit of GDP 0.0519 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 300.87 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 5.08 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 29,444 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0402 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 232.74 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 23,131 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.74 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1072 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 621.56 current US$ per person (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Cape Verde?
- Annual growth of general government final consumption expenditure in Cape Verde was 2.54 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Cape Verde?
- The highest recorded value was 16.34 in 2019.
- What is the lowest annual growth of general government final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was -8.25 in 2017.
- How does Cape Verde rank for annual growth of general government final consumption expenditure?
- Cape Verde ranks 68th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
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