Consumer Spending in Cape Verde increased to 27112.50 CVE Million in the third quarter of 2019 from 26472 CVE Million in the second quarter of 2019. Consumer Spending in Cape Verde averaged 22201.77 CVE Million from 2007 until 2019, reaching an all time high of 28133.32 CVE Million in the fourth quarter of 2018 and a record low of 16724.72 CVE Million in the first quarter of 2010.
Consumer Spending in Cape Verde is expected to be 24958.00 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 28549.00 in 12 months time. In the long-term, the Cape Verde Consumer Spending is projected to trend around 31566.00 CVE Million in 2020, according to our econometric models.