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Cabo Verde

Region: West Africa
Currency: Cabo Verdean escudo (CVE)
Population: 0.53 million
Capital: Praia
Ministry website: www.mf.gov.cv
Fiscal year: January - December
Regional Economic Community: CEN-SAD, ECOWAS
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2007 CVE[billions]) 138.9 140.3 146.9 152.34 159.24
GDP (current CVE[billions]) 154.44 158.7 165.79 173.1 183.7
GDP growth (%) 0.61 1.01 4.71 3.7 4.53
GDP per capita (constant 2007 CVE) 263,847.34 263,264.36 272,257.02 278,807.37 292,844.18
GDP per capita (current CVE) 293,358.94 297,797.2 307,259.62 316,800.52 337,821.16
Inflation (CPI) (%) -0.24 0.14 -1.44 0.78 1.28
General government revenue (% of GDP) 22.88 26.89 26.61 28.6 28.23
General government expenditure (% of GDP) 30.49 31.45 29.64 31.57 30.88
Budget balance (% of GDP) -7.61 -4.56 -3.04 -2.97 -2.65
Primary balance (% of GDP) -5.71 -1.97 -0.51 -0.38 -0.15
General government debt (% of GDP) 115.92 126.65 128.36 127.22 125.59
Population (millions) 0.53 0.53 0.54 0.55 0.54

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