General government final consumption expenditure in Cape Verde
Cape Verde: General government final consumption expenditure was 68.37 billion current LCU in 2025. ▲ Rising
General government final consumption expenditure in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, general government final consumption expenditure in Cape Verde stood at 68.37 billion current LCU. That is the highest value across all 19 years on record.
The figure is up 11.4% on the previous year and up 94.0% over ten years.
Over the whole period, general government final consumption expenditure in Cape Verde peaked at 68.37 billion current LCU in 2025 and was at its lowest, 25.08 billion current LCU, in 2007.
Cape Verde ranks 119th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
General government final consumption expenditure in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 25.08 billion current LCU | — |
| 2008 | 26.78 billion current LCU | +6.8% |
| 2009 | 29.10 billion current LCU | +8.7% |
| 2010 | 30.07 billion current LCU | +3.4% |
| 2011 | 32.27 billion current LCU | +7.3% |
| 2012 | 30.57 billion current LCU | -5.2% |
| 2013 | 31.60 billion current LCU | +3.4% |
| 2014 | 33.56 billion current LCU | +6.2% |
| 2015 | 35.23 billion current LCU | +5.0% |
| 2016 | 36.57 billion current LCU | +3.8% |
| 2017 | 34.70 billion current LCU | -5.1% |
| 2018 | 37.34 billion current LCU | +7.6% |
| 2019 | 43.95 billion current LCU | +17.7% |
| 2020 | 45.37 billion current LCU | +3.2% |
| 2021 | 50.85 billion current LCU | +12.1% |
| 2022 | 52.70 billion current LCU | +3.6% |
| 2023 | 57.50 billion current LCU | +9.1% |
| 2024 | 61.36 billion current LCU | +6.7% |
| 2025 | 68.37 billion current LCU | +11.4% |
Cape Verde compared with similar countries
- Cape Verde's 68.37 billion current LCU is below the median for upper middle income countries, which is 259.76 billion current LCU, 26% of the median. (52 countries reporting)
- Cape Verde's 68.37 billion current LCU is below the median for Sub-Saharan Africa, which is 1.27 trillion current LCU, 5% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.99 billion current LCU | 25.08 billion current LCU | 29.10 billion current LCU | 3 |
| 2010s | 34.59 billion current LCU | 30.07 billion current LCU | 43.95 billion current LCU | 10 |
| 2020s | 56.03 billion current LCU | 45.37 billion current LCU | 68.37 billion current 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 general government final consumption expenditure in Cape Verde?
- General government final consumption expenditure in Cape Verde was 68.37 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Cape Verde?
- The highest recorded value was 68.37 billion current LCU in 2025.
- What is the lowest general government final consumption expenditure recorded in Cape Verde?
- The lowest recorded value was 25.08 billion current LCU in 2007.
- How does Cape Verde rank for general government final consumption expenditure?
- Cape Verde ranks 119th out of 187 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 94.0%. 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 General government final consumption expenditure (current 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.