Cape Verde recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2018.
Government Budget in Cape Verde averaged -3.47 percent of GDP from 2000 until 2018, reaching an all time high of 6.30 percent of GDP in 2001 and a record low of -12.40 percent of GDP in 2012. This page provides the latest reported value for - Cape Verde Government Budget - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Government Budget - values, historical data and charts - was last updated on August of 2020.
Government Budget in Cape Verde is expected to reach -10.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Government Budget is projected to trend around -8.00 percent of GDP in 2021 and -6.00 percent of GDP in 2022, according to our econometric models.