Ratio of government expenditure to gross domestic product (GDP) in Cabo Verde 2029

The ratio of government expenditure to GDP in Cabo Verde was forecast to continuously decrease between 2024 and 2029 by in total 4.6 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fifth consecutive year to 25.2 percent.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.

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