Consumer Spending in Cape Verde increased to 29097.50 CVE Million in the fourth quarter of 2018 from 26055.79 CVE Million in the third quarter of 2018. Consumer Spending in Cape Verde averaged 22117.54 CVE Million from 2007 until 2018, reaching an all time high of 29097.50 CVE Million in the fourth quarter of 2018 and a record low of 16724.70 CVE Million in the first quarter of 2010.
Consumer Spending in Cape Verde is expected to be 27773.49 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Cape Verde to stand at 27045.91 in 12 months time. In the long-term, the Cape Verde Consumer Spending is projected to trend around 29393.66 CVE Million in 2020, according to our econometric models.