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Cabo Verde Fiscal Balance
-1.1% GDPas of 2024
Cabo Verde's fiscal balance stands at -1.1% GDP as of 2024. The indicator has increased from -6.9% in 2014 to -1.1% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -6.9% GDP | — |
| 2015 | -4.2% GDP | +2.7pp |
| 2016 | -2.7% GDP | +1.5pp |
| 2017 | -2.6% GDP | +0.1pp |
| 2018 | -2.4% GDP | +0.2pp |
| 2019 | -1.6% GDP | +0.8pp |
| 2020 | -9.3% GDP | -7.7pp |
| 2021 | -7.5% GDP | +1.8pp |
| 2022 | -4.3% GDP | +3.2pp |
| 2023 | -0.3% GDP | +4.0pp |
| 2024 | -1.1% GDP | -0.8pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.