Gross national expenditure (constant 2015 US$) in Cape Verde
Cape Verde: Gross national expenditure (constant 2015 US$) was 2.87 billion constant 2015 US$ in 2025. ▲ Rising
Gross national expenditure in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross national expenditure in Cape Verde stood at 2.87 billion constant 2015 US$. That is the highest value across all 19 years on record.
That represents a change of up 5.9% on the previous year and up 46.6% over ten years.
Over the whole period, gross national expenditure in Cape Verde peaked at 2.87 billion constant 2015 US$ in 2025 and was at its lowest, 1.89 billion constant 2015 US$, in 2013.
Cape Verde ranks 148th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross national expenditure (constant 2015 US$) in Cape Verde, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2007 | 1.90 billion constant 2015 US$ | — |
| 2008 | 1.95 billion constant 2015 US$ | +2.8% |
| 2009 | 1.96 billion constant 2015 US$ | +0.3% |
| 2010 | 2.02 billion constant 2015 US$ | +3.3% |
| 2011 | 2.08 billion constant 2015 US$ | +2.7% |
| 2012 | 1.94 billion constant 2015 US$ | -6.7% |
| 2013 | 1.89 billion constant 2015 US$ | -2.6% |
| 2014 | 2.01 billion constant 2015 US$ | +6.3% |
| 2015 | 1.96 billion constant 2015 US$ | -2.6% |
| 2016 | 2.10 billion constant 2015 US$ | +7.2% |
| 2017 | 2.24 billion constant 2015 US$ | +6.8% |
| 2018 | 2.34 billion constant 2015 US$ | +4.4% |
| 2019 | 2.43 billion constant 2015 US$ | +4.0% |
| 2020 | 2.24 billion constant 2015 US$ | -7.8% |
| 2021 | 2.42 billion constant 2015 US$ | +8.1% |
| 2022 | 2.54 billion constant 2015 US$ | +4.8% |
| 2023 | 2.57 billion constant 2015 US$ | +1.2% |
| 2024 | 2.71 billion constant 2015 US$ | +5.2% |
| 2025 | 2.87 billion constant 2015 US$ | +5.9% |
Cape Verde compared with similar countries
- Cape Verde's 2.87 billion constant 2015 US$ is below the median for upper middle income countries, which is 63.48 billion constant 2015 US$, 5% of the median. (45 countries reporting)
- Cape Verde's 2.87 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 17.34 billion constant 2015 US$, 17% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.94 billion constant 2015 US$ | 1.90 billion constant 2015 US$ | 1.96 billion constant 2015 US$ | 3 |
| 2010s | 2.10 billion constant 2015 US$ | 1.89 billion constant 2015 US$ | 2.43 billion constant 2015 US$ | 10 |
| 2020s | 2.56 billion constant 2015 US$ | 2.24 billion constant 2015 US$ | 2.87 billion constant 2015 US$ | 6 |
Countries ranked near Cape Verde
- 145 Greenland 3.34 billion constant 2015 US$ compare
- 146 Bhutan 3.27 billion constant 2015 US$ compare
- 147 Central African Republic 2.99 billion constant 2015 US$ compare
- 149 Gambia 2.78 billion constant 2015 US$ compare
- 150 East Timor 2.76 billion constant 2015 US$ compare
- 151 Belize 2.65 billion constant 2015 US$ compare
More economy & growth data for Cape Verde
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4522 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Cape Verde?
- Gross national expenditure in Cape Verde was 2.87 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Cape Verde?
- The highest recorded value was 2.87 billion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Cape Verde?
- The lowest recorded value was 1.89 billion constant 2015 US$ in 2013.
- How does Cape Verde rank for gross national expenditure?
- Cape Verde ranks 148th out of 163 countries with data for 2025.
- Is gross national expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 46.6%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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.