Cape Verde: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Cape Verde

Government spending as percent of GDP

 Latest value 20.38
 Year 2023
 Measure percent
 Data availability 2007 - 2023
 Average 20.18
 Min - Max 17.77 - 26.59
 Source The World Bank
The latest value from 2023 is 20.38 percent, a decline from 21.12 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Cape Verde from 2007 to 2023 is 20.18 percent. The minimum value, 17.77 percent, was reached in 2017 while the maximum of 26.59 percent was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Cape Verde - Government spending, percent of GDP - Recent values chart

Historical series
Cape Verde - Government spending, percent of GDP - historical chart - 2007-2023




The government size of Cape Verde and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 20.38 2023 percent
 Government spending, in dollars 0.53 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -4.40 2023 percent
 Government debt 114.69 2023 percent
 Government expenditure 14.95 Q2/2024 billion
 Tax revenue 18.39 2020 percent
 Commercial tax rate 37.50 2019 percent
 Tax preparation time 180 2019 hours
 Number of taxes 30 2019 taxes
 Taxes on goods and services 36.17 2020 percent
 Taxes on international trade 15.03 2020 percent
 Income and profits taxes 22.70 2020 percent
 Foreign aid 82.54 2022 million U.S. dollars
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