Government Spending in Cape Verde increased to 7970 CVE Million in the fourth quarter of 2019 from 7044 CVE Million in the third quarter of 2019.

Government Spending in Cape Verde averaged 6311.66 CVE Million from 2007 until 2019, reaching an all time high of 7970 CVE Million in the fourth quarter of 2019 and a record low of 4809.66 CVE Million in the first quarter of 2008. This page provides - Cape Verde Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Government Spending - values, historical data and charts - was last updated on September of 2020.

Government Spending in Cape Verde is expected to be 6857.00 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Cape Verde to stand at 8241.00 in 12 months time. In the long-term, the Cape Verde Government Spending is projected to trend around 7746.00 CVE Million in 2021 and 8133.00 CVE Million in 2022, according to our econometric models.

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Cape Verde Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
7970.00 7044.00 7970.00 4809.66 2007 - 2019 CVE Million Quarterly
Constant Prices 2007, NSA

Cape Verde Government Last Previous Highest Lowest Unit
Government Debt to GDP 124.00 126.80 127.70 57.17 percent [+]
Government Budget -1.80 -2.70 6.30 -12.40 percent of GDP [+]
Military Expenditure 10.00 9.00 11.00 4.00 USD Million [+]
Government Revenues 19586.00 12708.60 19586.00 3861.83 CVE Millions [+]
Government Spending 7970.00 7044.00 7970.00 4809.66 CVE Million [+]
Credit Rating 27.00 [+]