Household consumption — all countries

Household consumption — Cabo Verde

Household consumption in Cabo Verde in 2025 — 2,173,679,248 US$. Ranked 125 in the world out of 131. Since 2007, the indicator has risen by 117.5%.

2025 2.17B US$ +9.66% vs 2024
World rank 125of 131
Period maximum 2.17B US$2025
Period minimum 999M US$2007

Trend over time

2007–2025 · US$

Household consumption — Cabo Verde, 2007–2025500M1B1.5B2B2.5B20072009201120132015201720192021202320252007: 999,406,762 US$2008: 1,140,706,813 US$2009: 1,137,294,905 US$2010: 1,099,130,295 US$2011: 1,228,294,769 US$2012: 1,186,188,548 US$2013: 1,265,998,424 US$2014: 1,266,376,109 US$2015: 1,091,411,496 US$2016: 1,184,702,060 US$2017: 1,375,026,217 US$2018: 1,510,939,796 US$2019: 1,507,745,856 US$2020: 1,331,846,422 US$2021: 1,547,460,004 US$2022: 1,693,817,526 US$2023: 1,808,107,579 US$2024: 1,982,200,556 US$2025: 2,173,679,248 US$
Change over the period: +1.17B (+117.5%) Average annual rate: 4.41 %

Comparison, 2025

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

Cabo Verde 2.17B US$
Sub-Saharan Africa 1.83T US$
Western Africa computed 195B US$
Lower-middle-income countries computed 5.1T US$
Household consumption — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year US$ Change Change, %
2025 2.17B +191M +9.66%
2024 1.98B +174M +9.63%
2023 1.81B +114M +6.75%
2022 1.69B +146M +9.46%
2021 1.55B +216M +16.19%
2020 1.33B −176M −11.67%
2019 1.51B −3.19M −0.21%
2018 1.51B +136M +9.88%
2017 1.38B +190M +16.07%
2016 1.18B +93.29M +8.55%
2015 1.09B −175M −13.82%
2014 1.27B +377,684 +0.03%
2013 1.27B +79.81M +6.73%
2012 1.19B −42.11M −3.43%
2011 1.23B +129M +11.75%
2010 1.1B −38.16M −3.36%
2009 1.14B −3.41M −0.3%
2008 1.14B +141M +14.14%
2007 999M

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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