Home Cabo Verde Government Government Spending

Cabo Verde Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

30.88% +7.01% (+29.3%)
Year 2020 Rank #70 Global Peak 30.88% (2020) Source World Bank

Cabo Verde Government Spending (2005–2020)

Overview

Cabo Verde's government spending stood at 30.88% in 2020, a rise of +7.01% from 2019. Cabo Verde ranked 70th globally.

Data & projection

Year Government Spending YoY change Rank
2020 30.88% +7.01% #70
2019 23.88% +1.37% #63
2018 22.51% +3.84% #60
2017 18.67% −0.40% #46
2016 19.07% −0.23% #48
2015 19.30% +1.37% #46
2014 17.93% +0.97% #40
2013 16.96% +0.12% #33
2012 16.83% −0.95% #35
2011 17.79% −0.20% #34
2010 17.98% −0.13% #36
2009 18.11% −0.95% #32
2008 19.05% −1.57% #38
2007 20.62% −6.30% #42
2006 26.92% −0.78% #59
Show all years (2005-2020)

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.6% GDP growth 1.4% Unemployment 13.5%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's government spending?

Cabo Verde's government spending was 30.88% in 2020. Ranked 70th globally. This represents a 29.3% increase from the previous year.

What was the highest government spending in Cabo Verde?

Cabo Verde's government spending peaked at 30.88% in 2020.

What was the lowest government spending in Cabo Verde?

The lowest government spending in Cabo Verde was 16.83% in 2012.

How does Cabo Verde rank in government spending?

Cabo Verde ranks 70th globally in government spending as of 2020.

What is the World Bank indicator code for government spending?

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Cabo Verde in 2020?

The government spending of Cabo Verde in 2020 was 30.88%. This ranks 70th in the world.

Cite this page

APA
Cabo Verde Government Spending. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/cabo-verde/government-spending
BibTeX
@misc{historysaid_cabo-verde_government-spending, title = {Cabo Verde Government Spending}, url = {https://historysaid.com/cabo-verde/government-spending}, publisher = {HistorySaid}, year = {2026} }