Cabo Verde: General government final consumption expenditure (current US$)

Key figures

What the numbers say

In 2025, Cabo Verde's general government final consumption expenditure (current US$) rose 16% on 2024 (from US$602.08 million to US$698.62 million).

Across the 17 yearly changes before that (2008 to 2024), the average change was +4.4% and a typical year strayed about 9.1% from that (the standard deviation). This year's change was 1.3 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 16.4% in 2021 and the biggest yearly fall was 13% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$35.08 million a year. A straight line explains 93% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$715.02 million for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$90.38 million, against US$119.3 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Cabo Verde had the 122nd highest value of the 131 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Cabo Verde in the 2025 ranking

• Montenegro — 118th of 131: US$1.61 billion
• Somalia, Fed. Rep. — 119th of 131: US$1.05 billion
• Lesotho — 120th of 131: US$937.57 million
• Djibouti — 122nd of 131: US$695.07 million
• Burundi — 123rd of 131: US$694.46 million
• Seychelles — 124th of 131: US$598.42 million

What this measures

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.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 19 values

General government final consumption expenditure (current US$) in nearby economies

• Angola — US$16.26 billion (2024)
• Benin — US$2.18 billion (2025)
• Botswana — US$6.27 billion (2025)
• Burkina Faso — US$4.92 billion (2025)
• Burundi — US$694.46 million (2025)
• Cameroon — US$6.57 billion (2025)
• Central African Republic — US$316.24 million (2025)
• Chad — US$2.13 billion (2025)
• Comoros

More economic policy & debt data for Cabo Verde

• Grants, excluding technical cooperation (BoP, current US$) — US$42.27 million (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$33.96 million (2023)
• Net official development assistance and official aid received (current US$) — US$101.71 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$101.71 million (2023)
• Net official development assistance received (current US$) — US$101.71 million (2023)
• Net official development assistance received (constant 2023 US$) — US$101.71 million (2023)
• Net ODA received per capita (current US$) — US$194.72 (2023)
• Adjusted savings, education expenditure (% of GNI)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Cabo Verde's general government final consumption expenditure (current US$)?

US$698.62 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 2007?

Source

World Bank, World Development Indicators, indicator NE.CON.GOVT.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.