Annual growth of the general government final consumption expenditure in Cabo Verde
Cabo Verde: Annual growth of the general government final consumption expenditure was 5.3% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Cabo Verde, 2008–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Cabo Verde stood at 5.3%.
That represents a change of up 2.0% on the previous year and up 3.1% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Cabo Verde peaked at 16.3% in 2019 and was at its lowest, -8.3%, in 2017.
Cabo Verde ranks 45th of 181 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Cabo Verde, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 3.8% | — |
| 2009 | 7.3% | +88.8% |
| 2010 | 2.0% | -72.5% |
| 2011 | 6.0% | +203.3% |
| 2012 | -5.9% | -198.2% |
| 2013 | 1.9% | -132.7% |
| 2014 | 5.2% | +166.3% |
| 2015 | 3.8% | -26.9% |
| 2016 | 3.8% | +1.5% |
| 2017 | -8.3% | -315.7% |
| 2018 | 5.6% | -167.3% |
| 2019 | 16.3% | +194.1% |
| 2020 | 2.4% | -85.2% |
| 2021 | 10.0% | +314.1% |
| 2022 | -2.8% | -127.5% |
| 2023 | 5.2% | -289.0% |
| 2024 | 5.3% | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.5% | 3.8% | 7.3% | 2 |
| 2010s | 3.0% | -8.3% | 16.3% | 10 |
| 2020s | 4.0% | -2.8% | 10.0% | 5 |
Countries ranked near Cabo Verde
- 42 Morocco 5.6% compare
- 43 Libya 5.5% compare
- 44 Burundi 5.4% compare
- 46 Honduras 5.3% compare
- 47 Mauritania 5.0% compare
- 48 Russian Federation 4.8% compare
- 48 Russian Federation 4.8% compare
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Cabo Verde?
- Annual growth of the general government final consumption expenditure in Cabo Verde was 5.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Cabo Verde?
- The highest recorded value was 16.3% in 2019.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Cabo Verde?
- The lowest recorded value was -8.3% in 2017.
- How does Cabo Verde rank for annual growth of the general government final consumption expenditure?
- Cabo Verde ranks 45th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Cabo Verde?
- Over the last ten years it is up 3.1%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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