Cape Verde recorded a Government Budget deficit equal to 8.90 percent of the country's Gross Domestic Product in 2020. source: Banco de Cabo Verde
Government Budget in Cape Verde averaged -3.56 percent of GDP from 2000 until 2020, reaching an all time high of 6.30 percent of GDP in 2001 and a record low of -10.50 percent of GDP in 2010. 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 July of 2021.
Government Budget in Cape Verde is expected to reach -7.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Government Budget is projected to trend around -4.00 percent of GDP in 2022 and -3.50 percent of GDP in 2023, according to our econometric models.