Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Cabo Verde

Household consumption (% of GDP) in Cabo Verde in 2025 — 71.1%. Ranked 36 in the world out of 131. Since 2007, the indicator has risen by 10.5 pp.

2025 71.1% −1.9 pp vs 2024
World rank 36of 131
Period maximum 75.4%2021
Period minimum 58.2%2008

Trend over time

2007–2025 · % of GDP

Household consumption (% of GDP) — Cabo Verde, 2007–202555606570758020072009201120132015201720192021202320252007: 60.6%2008: 58.2%2009: 61.4%2010: 60.2%2011: 60%2012: 62%2013: 62.4%2014: 62%2015: 62.4%2016: 64%2017: 68.9%2018: 68.5%2019: 66.9%2020: 73.1%2021: 75.4%2022: 75.4%2023: 72.2%2024: 73%2025: 71.1%
Change over the period: +10.5 pp Annual average: 0.58 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde 71.1%
Western Africa computed 65.8%
Household consumption (% of GDP) — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2025 71.1 −1.9 pp
2024 73 +0.8 pp
2023 72.2 −3.2 pp
2022 75.4 −0 pp
2021 75.4 +2.3 pp
2020 73.1 +6.2 pp
2019 66.9 −1.6 pp
2018 68.5 −0.3 pp
2017 68.9 +4.8 pp
2016 64 +1.7 pp
2015 62.4 +0.4 pp
2014 62 −0.4 pp
2013 62.4 +0.4 pp
2012 62 +2 pp
2011 60 −0.2 pp
2010 60.2 −1.2 pp
2009 61.4 +3.2 pp
2008 58.2 −2.4 pp
2007 60.6

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.