Cape Verde: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Cape Verde

Government spending as percent of GDP

 Latest value 21.01
 Year 2022
 Measure percent
 Data availability 2007 - 2022
 Average 20.11
 Min - Max 17.77 - 25.77
 Source The World Bank
For that indicator, we provide data for Cape Verde from 2007 to 2022. The average value for Cape Verde during that period was 20.11 percent with a minimum of 17.77 percent in 2017 and a maximum of 25.77 percent in 2021. The latest value from 2022 is 21.01 percent. For comparison, the world average in 2022 based on 143 countries is 16.25 percent. 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 values chart
Cape Verde - Government spending, percent of GDP - Recent values chart

Historical chart
Cape Verde - Government spending, percent of GDP - historical chart - 2007-2022

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.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 21.01 2022 percent
 Government spending, in dollars 0.47 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -4.70 2022 percent
 Government debt 120.85 2022 percent
 Government expenditure 13.36 Q3/2023 billion
 Tax revenue 17.80 2017 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 29.51 2017 percent
 Taxes on international trade 12.85 2017 percent
 Income and profits taxes 19.48 2017 percent
 Foreign aid 150.12 2021 million U.S. dollars
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