Final consumption expenditure in Cape Verde
Cape Verde: Final consumption expenditure was 2.31 billion constant 2015 US$ in 2025. ▲ Rising
Final consumption expenditure in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for final consumption expenditure in Cape Verde is 2.31 billion constant 2015 US$, measured in 2025. That is the highest value across all 19 years on record.
The figure is up 4.3% on the previous year and up 59.6% over ten years.
Over the whole period, final consumption expenditure in Cape Verde peaked at 2.31 billion constant 2015 US$ in 2025 and was at its lowest, 1.20 billion constant 2015 US$, in 2007.
That places Cape Verde 155th out of 172 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Final consumption expenditure in Cape Verde, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2007 | 1.20 billion constant 2015 US$ | — |
| 2008 | 1.22 billion constant 2015 US$ | +2.2% |
| 2009 | 1.30 billion constant 2015 US$ | +6.2% |
| 2010 | 1.29 billion constant 2015 US$ | -0.5% |
| 2011 | 1.33 billion constant 2015 US$ | +3.2% |
| 2012 | 1.35 billion constant 2015 US$ | +1.0% |
| 2013 | 1.37 billion constant 2015 US$ | +1.8% |
| 2014 | 1.40 billion constant 2015 US$ | +2.2% |
| 2015 | 1.45 billion constant 2015 US$ | +3.2% |
| 2016 | 1.55 billion constant 2015 US$ | +7.1% |
| 2017 | 1.68 billion constant 2015 US$ | +8.3% |
| 2018 | 1.75 billion constant 2015 US$ | +4.6% |
| 2019 | 1.87 billion constant 2015 US$ | +6.6% |
| 2020 | 1.68 billion constant 2015 US$ | -10.2% |
| 2021 | 1.85 billion constant 2015 US$ | +10.1% |
| 2022 | 2.02 billion constant 2015 US$ | +9.6% |
| 2023 | 2.05 billion constant 2015 US$ | +1.3% |
| 2024 | 2.21 billion constant 2015 US$ | +7.9% |
| 2025 | 2.31 billion constant 2015 US$ | +4.3% |
Cape Verde compared with similar countries
- Cape Verde's 2.31 billion constant 2015 US$ is below the median for upper middle income countries, which is 52.86 billion constant 2015 US$, 4% of the median. (47 countries reporting)
- Cape Verde's 2.31 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 13.32 billion constant 2015 US$, 17% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.24 billion constant 2015 US$ | 1.20 billion constant 2015 US$ | 1.30 billion constant 2015 US$ | 3 |
| 2010s | 1.50 billion constant 2015 US$ | 1.29 billion constant 2015 US$ | 1.87 billion constant 2015 US$ | 10 |
| 2020s | 2.02 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 2.31 billion constant 2015 US$ | 6 |
Countries ranked near Cape Verde
- 152 United States Virgin Islands 3.75 billion constant 2015 US$ compare
- 153 Lesotho 2.81 billion constant 2015 US$ compare
- 154 Central African Republic 2.68 billion constant 2015 US$ compare
- 156 Greenland 2.29 billion constant 2015 US$ compare
- 157 East Timor 2.21 billion constant 2015 US$ compare
- 158 Belize 2.13 billion constant 2015 US$ compare
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is final consumption expenditure in Cape Verde?
- Final consumption expenditure in Cape Verde was 2.31 billion constant 2015 US$ 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 2.31 billion constant 2015 US$ in 2025.
- What is the lowest final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was 1.20 billion constant 2015 US$ in 2007.
- How does Cape Verde rank for final consumption expenditure?
- Cape Verde ranks 155th out of 172 countries with data for 2025.
- Is final consumption expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 59.6%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.