Final consumption expenditure in Cape Verde
Cape Verde: Final consumption expenditure was 229.28 billion constant LCU 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 LCU.
Analysis
The most recent figure for final consumption expenditure in Cape Verde is 229.28 billion constant LCU, measured in 2025. That is the highest value across all 19 years on record.
Compared with earlier readings it 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 229.28 billion constant LCU in 2025 and was at its lowest, 118.86 billion constant LCU, in 2007.
That places Cape Verde 109th out of 177 countries with data for 2025, putting it in the middle of the range.
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 LCU | Change |
|---|---|---|
| 2007 | 118.86 billion constant LCU | — |
| 2008 | 121.43 billion constant LCU | +2.2% |
| 2009 | 129.00 billion constant LCU | +6.2% |
| 2010 | 128.41 billion constant LCU | -0.5% |
| 2011 | 132.46 billion constant LCU | +3.2% |
| 2012 | 133.77 billion constant LCU | +1.0% |
| 2013 | 136.20 billion constant LCU | +1.8% |
| 2014 | 139.23 billion constant LCU | +2.2% |
| 2015 | 143.70 billion constant LCU | +3.2% |
| 2016 | 153.85 billion constant LCU | +7.1% |
| 2017 | 166.69 billion constant LCU | +8.3% |
| 2018 | 174.27 billion constant LCU | +4.6% |
| 2019 | 185.69 billion constant LCU | +6.6% |
| 2020 | 166.79 billion constant LCU | -10.2% |
| 2021 | 183.57 billion constant LCU | +10.1% |
| 2022 | 201.13 billion constant LCU | +9.6% |
| 2023 | 203.77 billion constant LCU | +1.3% |
| 2024 | 219.80 billion constant LCU | +7.9% |
| 2025 | 229.28 billion constant LCU | +4.3% |
Cape Verde compared with similar countries
- Cape Verde's 229.28 billion constant LCU is below the median for upper middle income countries, which is 1.54 trillion constant LCU, 15% of the median. (48 countries reporting)
- Cape Verde's 229.28 billion constant LCU is below the median for Sub-Saharan Africa, which is 2.69 trillion constant LCU, 9% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 123.09 billion constant LCU | 118.86 billion constant LCU | 129.00 billion constant LCU | 3 |
| 2010s | 149.43 billion constant LCU | 128.41 billion constant LCU | 185.69 billion constant LCU | 10 |
| 2020s | 200.72 billion constant LCU | 166.79 billion constant LCU | 229.28 billion constant LCU | 6 |
Countries ranked near Cape Verde
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 229.28 billion constant LCU 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 229.28 billion constant LCU in 2025.
- What is the lowest final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was 118.86 billion constant LCU in 2007.
- How does Cape Verde rank for final consumption expenditure?
- Cape Verde ranks 109th out of 177 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 LCU). 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 varies by country. This series is expressed in local currency units.