Cabo Verde's gross national expenditure (% of GDP) was 111.38% in 2025, the latest year in the World Bank's World Development Indicators. That is down 0.36 percentage points from 111.74% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 111.38% | 2025 |
| Five years earlier | 127.81% | 2020 |
| Ten years earlier | 111.74% | 2015 |
| Highest | 129.76% | 2021 |
| Lowest | 110.19% | 2019 |
| Average since 2016 | 116.93% | 2016–2025 |
| First recorded | 126.71% | 2007 |
What the numbers say
In 2025, Cabo Verde's gross national expenditure (% of GDP) fell 0.17 percentage points on 2024 (from 111.54% to 111.38%).
Across the 17 yearly changes before that (2008 to 2024), the average change was −0.89 percentage points and a typical year strayed about 6.41 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 17.61 percentage points in 2020 and the biggest yearly fall was 10.13 percentage points in 2022. 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 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Cabo Verde had the 34th highest value of the 130 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
- Haiti — 31st of 130: 112.77%
- Egypt, Arab Rep. — 32nd of 130: 111.69%
- Madagascar — 33rd of 130: 111.58%
- Morocco — 35th of 130: 109.16%
- Iran, Islamic Rep. — 36th of 130: 108.73%
- Sierra Leone — 37th of 130: 107.31%
What this measures
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.
All 19 values
| Year | Gross national expenditure (% of GDP) |
|---|---|
| 2025 | 111.38 |
| 2024 | 111.54 |
| 2023 | 116.47 |
| 2022 | 119.63 |
| 2021 | 129.76 |
| 2020 | 127.81 |
| 2019 | 110.19 |
| 2018 | 114.14 |
| 2017 | 115.91 |
| 2016 | 112.43 |
| 2015 |
Gross national expenditure (% of GDP) in nearby economies
- Angola — 88.09% (2024)
- Benin — 103.01% (2025)
- Botswana — 106.41% (2025)
- Burkina Faso — 95.02% (2025)
- Cameroon — 106.3% (2025)
- Central African Republic — 114.22% (2025)
- Chad — 87.3% (2025)
- Comoros — 122.29% (2025)
- Congo, Dem. Rep. — 100.33% (2025)
- Congo, Rep. — 95.52% (2025)
- Côte d'Ivoire
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
Questions people ask
- What is Cabo Verde's gross national expenditure (% of GDP)?
- 111.38% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 15.34 percentage points from 126.71% in 2007. The highest value was 129.76% in 2021 and the lowest 110.19% in 2019.
- How does Cabo Verde rank?
- 34th highest of 130 economies with data for 2025.
- Is the latest change in gross national expenditure (% of GDP) unusual for Cabo Verde?
- In 2025, Cabo Verde's gross national expenditure (% of GDP) fell 0.17 percentage points on 2024 (from 111.54% to 111.38%). Across the 17 yearly changes before that (2008 to 2024), the average change was −0.89 percentage points and a typical year strayed about 6.41 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.DAB.TOTL.ZS, 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.
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