Historical gov spending gdp in Cape Verde
Cape Verde: Historical gov spending gdp was 26.09 in 2024. ▼ Falling
Latest (2024)
26.09
Change on year
up 1.5%
World rank
95th
of 151 countries
All-time high
48.06
in 1994
All-time low
23.41
in 2003
Years of data
31
1994–2024
Historical gov spending gdp in Cape Verde, 1994–2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Cape Verde stood at 26.09.
Compared with earlier readings it is up 1.5% on the previous year and down 6.0% over ten years.
Over the whole period, historical gov spending gdp in Cape Verde peaked at 48.06 in 1994 and was at its lowest, 23.41, in 2003.
That places Cape Verde 95th out of 151 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 38.51 | 29.85 | 48.06 | 6 |
| 2000s | 27.9 | 23.41 | 36.69 | 10 |
| 2010s | 29.46 | 26.65 | 35.71 | 10 |
| 2020s | 28.75 | 25.7 | 34.54 | 5 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- External balance on goods and services as a percent of gdp -11.38 (2025)
- Inflation of consumer prices 2.34 (2025)
- Gdp per capita worldbank constant usd 4,696 (2025)
- Manufacturing value added to gdp 5.19 (2025)
- Gdp worldbank constant usd 2.48 billion (2025)
- Gdp per capita in international and market dollars 4,696 (2025)
- DEC alternative conversion factor 97.86 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 48.85 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 499.14 million current US$ (2025)
- Taxes less subsidies on products 48.82 billion current LCU (2025)
Frequently asked questions
- What is historical gov spending gdp in Cape Verde?
- Historical gov spending gdp in Cape Verde was 26.09 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Cape Verde?
- The highest recorded value was 48.06 in 1994.
- What is the lowest historical gov spending gdp recorded in Cape Verde?
- The lowest recorded value was 23.41 in 2003.
- How does Cape Verde rank for historical gov spending gdp?
- Cape Verde ranks 95th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Cape Verde?
- Over the last ten years it is down 6.0%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).