Government Spending in Cape Verde decreased to 6497 CVE Million in the second quarter of 2019 from 7737.48 CVE Million in the first quarter of 2019. Government Spending in Cape Verde averaged 6264.05 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 6359.07 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 8117.00 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.