Goods and services expense in Cape Verde
Cape Verde: Goods and services expense was 11.14 billion current LCU in 2020. ▲ Rising
Goods and services expense in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Cape Verde is 11.14 billion current LCU, measured in 2020. That is the highest value across all 16 years on record.
That represents a change of up 20.2% on the previous year and up 164.3% over ten years.
Over the whole period, goods and services expense in Cape Verde peaked at 11.14 billion current LCU in 2020 and was at its lowest, 3.87 billion current LCU, in 2012.
That places Cape Verde 101st out of 155 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.76 billion current LCU | 4.31 billion current LCU | 5.42 billion current LCU | 5 |
| 2010s | 5.49 billion current LCU | 3.87 billion current LCU | 9.27 billion current LCU | 10 |
| 2020s | 11.14 billion current LCU | 11.14 billion current LCU | 11.14 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Tax revenue 18.4% (2020)
- Taxes on income, profits and capital gains 22.7% (2020)
- Taxes on goods and services 36.2% (2020)
- Net investment in nonfinancial assets 3.4% (2020)
- Net lending (+) / net borrowing (-) -9.4% (2020)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
Frequently asked questions
- What is goods and services expense in Cape Verde?
- Goods and services expense in Cape Verde was 11.14 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Cape Verde?
- The highest recorded value was 11.14 billion current LCU in 2020.
- What is the lowest goods and services expense recorded in Cape Verde?
- The lowest recorded value was 3.87 billion current LCU in 2012.
- How does Cape Verde rank for goods and services expense?
- Cape Verde ranks 101st out of 155 countries with data for 2020.
- Is goods and services expense rising or falling in Cape Verde?
- Over the last ten years it is up 164.3%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.