Final consumption expenditure in Cape Verde
Cape Verde: Final consumption expenditure was 4.3% in 2025. ◆ Volatile
Final consumption expenditure in Cape Verde, 2008–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2025, final consumption expenditure in Cape Verde stood at 4.3%.
Compared with earlier readings it is down 45.2% on the previous year and up 34.2% over ten years.
Over the whole period, final consumption expenditure in Cape Verde peaked at 10.1% in 2021 and was at its lowest, -10.2%, in 2020.
That places Cape Verde 55th out of 175 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Cape Verde, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2008 | 2.2% | — |
| 2009 | 6.2% | +188.4% |
| 2010 | -0.5% | -107.3% |
| 2011 | 3.2% | -789.3% |
| 2012 | 1.0% | -68.8% |
| 2013 | 1.8% | +84.5% |
| 2014 | 2.2% | +22.4% |
| 2015 | 3.2% | +44.4% |
| 2016 | 7.1% | +119.7% |
| 2017 | 8.3% | +18.2% |
| 2018 | 4.6% | -45.4% |
| 2019 | 6.6% | +44.0% |
| 2020 | -10.2% | -255.4% |
| 2021 | 10.1% | -198.8% |
| 2022 | 9.6% | -5.0% |
| 2023 | 1.3% | -86.3% |
| 2024 | 7.9% | +499.4% |
| 2025 | 4.3% | -45.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 2.2% | 6.2% | 2 |
| 2010s | 3.7% | -0.5% | 8.3% | 10 |
| 2020s | 3.8% | -10.2% | 10.1% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- GNI (current LCU), annual growth rate 8.6 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 96.6 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 559,912 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 14.31 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 17.72 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 18.54 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1632 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 945.95 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 13.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 15.97 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Cape Verde?
- Final consumption expenditure in Cape Verde was 4.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Cape Verde?
- The highest recorded value was 10.1% in 2021.
- What is the lowest final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was -10.2% in 2020.
- How does Cape Verde rank for final consumption expenditure?
- Cape Verde ranks 55th out of 175 countries with data for 2025.
- Is final consumption expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.