Government Spending in Cape Verde increased to 7067.10 CVE Million in the third quarter of 2019 from 6497 CVE Million in the second quarter of 2019. Government Spending in Cape Verde averaged 6279.80 CVE Million from 2007 until 2019, reaching an all time high of 7824.93 CVE Million in the fourth quarter of 2017 and a record low of 4809.66 CVE Million in the first quarter of 2008.

Government Spending in Cape Verde is expected to be 7919.00 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 7442.00 in 12 months time. In the long-term, the Cape Verde Government Spending is projected to trend around 8228.00 CVE Million in 2020, according to our econometric models.

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Cape Verde Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
7067.10 6497.00 7824.93 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 -2.60 -3.10 6.30 -12.40 percent of GDP [+]
Military Expenditure 10.00 9.00 11.00 4.00 USD Million [+]
Government Revenues 13203.60 11890.90 15703.20 3861.83 CVE Millions [+]
Government Spending 7067.10 6497.00 7824.93 4809.66 CVE Million [+]
Credit Rating 30.00 [+]