🇨🇻 Cabo Verde General government final consumption expenditure

Cabo Verde General government final consumption expenditure was $602.08M in 2024, up 6.6% from 2023, according to World Bank data. The 10-year average is $460.58M. Historical data available from 2007 to 2024 (18 data points). The all-time high was $602.08M in 2024.

Source: World Bank World Development Indicators • 2007202418 data pointsEconomy & Growth

Latest Value
$602.08M
2024
Year-on-Year
+6.6%
vs 2023
10-Year Average
$460.58M
20152024
Range
High: $602.08M (2024)
Low: $311.10M (2007)

Cabo Verde General government final consumption expenditure (current US$)2007 to 2024

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About this Indicator

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 indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024$602.08M
2023$564.84M
2022$502.54M
2021$545.54M
2020$468.68M
2019$446.26M
2018$399.77M
2017$354.77M
2016$366.84M
2015$354.51M

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