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Cape Verde: Government deficit (% of GDP)

Percent of GDP · 1980–2024 · 45 observations · forecasts to 2031 · govdef_GDP

2024
−1.07%percent of GDP
Change on 2023
−0.8 pointsfrom −0.278%
Average, 2015–2024
−3.59%10 years
Record high and low
−0.278% (2023)low −21.9% (1981)

Government deficit (% of GDP)

Report error
-25%-20%-15%-10%-5%0%5%198019902000201020202030Cape VerdeCape Verde
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
20310.194Forecast
20300.162Forecast
20290.111Forecast
20280.0501Forecast
2027-0.0438Forecast
2026-0.875Forecast
20251.06Forecast
2024-1.07
2023-0.278
2022-4.25
2021-7.51
2020-9.29
2019-1.62
2018-2.36
2017-2.63
2016-2.73
2015-4.16

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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