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.

Government Budget in Cape Verde is expected to be -2.40 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Government Budget is projected to trend around -2.00 percent of GDP in 2020, according to our econometric models.

Cape Verde Government Budget
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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 11890.90 15703.20 15703.20 3861.83 CVE Millions [+]
Government Spending 6497.00 7737.48 7824.93 4809.66 CVE Million [+]
Credit Rating 35.00 [+]


Cape Verde Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -3.10 6.30 -12.40 2000 - 2018 percent of GDP Yearly




Country Last Previous
Argentina -5.50 Dec/18
Australia -0.60 Dec/18
Brazil -7.10 Dec/18
Canada -0.70 Dec/18
China -4.20 Dec/18
Euro Area -0.50 Dec/18
France -2.50 Dec/18
Germany 1.70 Dec/18
India -3.42 Dec/18
Indonesia -1.76 Dec/18
Italy -2.10 Dec/18
Japan -3.80 Dec/18
Mexico -2.00 Dec/18
Netherlands 1.50 Dec/18
Russia 2.70 Dec/18
Saudi Arabia -9.20 Dec/18
Singapore 0.40 Dec/18
South Africa -4.40 Dec/18
South Korea -1.60 Dec/18
Spain -2.50 Dec/18
Switzerland 1.30 Dec/18
Turkey -2.00 Dec/18
United Kingdom -2.00 Dec/18
United States -3.80 Dec/18


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