Final consumption expenditure in Cape Verde
Cape Verde: Final consumption expenditure was 2.87 billion current US$ in 2025. ▲ Rising
Final consumption expenditure in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Cape Verde is 2.87 billion current US$, measured in 2025. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 98.6% over ten years.
Over the whole period, final consumption expenditure in Cape Verde peaked at 2.87 billion current US$ in 2025 and was at its lowest, 1.31 billion current US$, in 2007.
Cape Verde ranks 163rd of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Final consumption expenditure in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 2007 | 1.31 billion current US$ | — |
| 2008 | 1.50 billion current US$ | +14.2% |
| 2009 | 1.50 billion current US$ | +0.3% |
| 2010 | 1.46 billion current US$ | -2.7% |
| 2011 | 1.64 billion current US$ | +12.0% |
| 2012 | 1.54 billion current US$ | -5.8% |
| 2013 | 1.65 billion current US$ | +6.9% |
| 2014 | 1.67 billion current US$ | +1.5% |
| 2015 | 1.45 billion current US$ | -13.4% |
| 2016 | 1.55 billion current US$ | +7.3% |
| 2017 | 1.73 billion current US$ | +11.5% |
| 2018 | 1.91 billion current US$ | +10.5% |
| 2019 | 1.95 billion current US$ | +2.3% |
| 2020 | 1.80 billion current US$ | -7.9% |
| 2021 | 2.09 billion current US$ | +16.2% |
| 2022 | 2.20 billion current US$ | +4.9% |
| 2023 | 2.37 billion current US$ | +8.0% |
| 2024 | 2.58 billion current US$ | +8.9% |
| 2025 | 2.87 billion current US$ | +11.1% |
Cape Verde compared with similar countries
- Cape Verde's 2.87 billion current US$ is below the median for upper middle income countries, which is 47.37 billion current US$, 6% of the median. (52 countries reporting)
- Cape Verde's 2.87 billion current US$ is below the median for Sub-Saharan Africa, which is 15.32 billion current US$, 19% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.44 billion current US$ | 1.31 billion current US$ | 1.50 billion current US$ | 3 |
| 2010s | 1.65 billion current US$ | 1.45 billion current US$ | 1.95 billion current US$ | 10 |
| 2020s | 2.32 billion current US$ | 1.80 billion current US$ | 2.87 billion current US$ | 6 |
Countries ranked near Cape Verde
- 160 Djibouti 3.87 billion current US$ compare
- 161 Lesotho 3.43 billion current US$ compare
- 162 Central African Republic 3.22 billion current US$ compare
- 164 Aruba 2.79 billion current US$ compare
- 165 Faroe Islands 2.78 billion current US$ compare
- 166 East Timor 2.69 billion current 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 2.87 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Cape Verde?
- The highest recorded value was 2.87 billion current US$ in 2025.
- What is the lowest final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was 1.31 billion current US$ in 2007.
- How does Cape Verde rank for final consumption expenditure?
- Cape Verde ranks 163rd out of 188 countries with data for 2025.
- Is final consumption expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 98.6%. 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 Offices (NSOs), published as part of Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.