Government Spending in Cape Verde increased to 6826.20 CVE Million in the fourth quarter of 2018 from 6096.90 CVE Million in the third quarter of 2018. Government Spending in Cape Verde averaged 6144.53 CVE Million from 2007 until 2018, reaching an all time high of 7640.89 CVE Million in the fourth quarter of 2014 and a record low of 4809.66 CVE Million in the first quarter of 2008.
Government Spending in Cape Verde is expected to be 7322.19 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 6328.58 in 12 months time. In the long-term, the Cape Verde Government Spending is projected to trend around 6877.94 CVE Million in 2020, according to our econometric models.