Gross national expenditure in Cape Verde
Cape Verde: Gross national expenditure was 111.4% in 2025. ▼ Falling
Gross national expenditure in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross national expenditure in Cape Verde stood at 111.4%.
Compared with earlier readings it is down 0.2% on the previous year and down 0.3% over ten years.
Over the whole period, gross national expenditure in Cape Verde peaked at 129.8% in 2021 and was at its lowest, 110.2%, in 2019.
That places Cape Verde 55th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Gross national expenditure in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2007 | 126.7% | — |
| 2008 | 122.3% | -3.5% |
| 2009 | 122.4% | +0.1% |
| 2010 | 125.0% | +2.1% |
| 2011 | 124.8% | -0.1% |
| 2012 | 115.7% | -7.3% |
| 2013 | 111.1% | -4.0% |
| 2014 | 116.8% | +5.1% |
| 2015 | 111.7% | -4.3% |
| 2016 | 112.4% | +0.6% |
| 2017 | 115.9% | +3.1% |
| 2018 | 114.1% | -1.5% |
| 2019 | 110.2% | -3.5% |
| 2020 | 127.8% | +16.0% |
| 2021 | 129.8% | +1.5% |
| 2022 | 119.6% | -7.8% |
| 2023 | 116.5% | -2.6% |
| 2024 | 111.5% | -4.2% |
| 2025 | 111.4% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 123.8% | 122.3% | 126.7% | 3 |
| 2010s | 115.8% | 110.2% | 125.0% | 10 |
| 2020s | 119.4% | 111.4% | 129.8% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Gross capital formation (current US$), annual growth rate 20.18 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1741 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,009 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 15.4 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 17.03 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 98,742 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 13.08 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,059 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.83 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure in Cape Verde?
- Gross national expenditure in Cape Verde was 111.4% 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 129.8% in 2021.
- What is the lowest gross national expenditure recorded in Cape Verde?
- The lowest recorded value was 110.2% in 2019.
- How does Cape Verde rank for gross national expenditure?
- Cape Verde ranks 55th out of 186 countries with data for 2025.
- Is gross national expenditure rising or falling in Cape Verde?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 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.