Final consumption expenditure in Cape Verde
Cape Verde: Final consumption expenditure was 94.0% in 2025. ▲ Rising
Final consumption expenditure in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Cape Verde recorded 94.0% for final consumption expenditure in 2025.
That represents a change of down 1.3% on the previous year and up 13.7% over ten years.
Over the whole period, final consumption expenditure in Cape Verde peaked at 102.0% in 2021 and was at its lowest, 76.3%, in 2008.
That places Cape Verde 42nd out of 187 countries with data for 2025, putting it in the top 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 | % of GDP | Change |
|---|---|---|
| 2007 | 79.4% | — |
| 2008 | 76.3% | -3.9% |
| 2009 | 81.0% | +6.1% |
| 2010 | 80.0% | -1.2% |
| 2011 | 79.9% | -0.2% |
| 2012 | 80.5% | +0.8% |
| 2013 | 81.1% | +0.8% |
| 2014 | 81.8% | +0.8% |
| 2015 | 82.6% | +1.0% |
| 2016 | 83.9% | +1.5% |
| 2017 | 86.6% | +3.3% |
| 2018 | 86.6% | +0.0% |
| 2019 | 86.8% | +0.1% |
| 2020 | 98.8% | +13.9% |
| 2021 | 102.0% | +3.2% |
| 2022 | 97.7% | -4.2% |
| 2023 | 94.7% | -3.1% |
| 2024 | 95.2% | +0.5% |
| 2025 | 94.0% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 78.9% | 76.3% | 81.0% | 3 |
| 2010s | 83.0% | 79.9% | 86.8% | 10 |
| 2020s | 97.1% | 94.0% | 102.0% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Services, value added (constant LCU), per capita 320,403 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8368 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,851 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.89 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 474,687 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6693 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure in Cape Verde?
- Final consumption expenditure in Cape Verde was 94.0% 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 102.0% in 2021.
- What is the lowest final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was 76.3% in 2008.
- How does Cape Verde rank for final consumption expenditure?
- Cape Verde ranks 42nd out of 187 countries with data for 2025.
- Is final consumption expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 13.7%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.