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Cabo Verde — Education spending
Government Education Spending (% of GDP) for Cabo Verde, 1998–2023.
Latest value · 2023
4.35%
Government Education Spending (% of GDP) · % of GDP · -32.0% since 1998
Education spending for Cabo Verde was 4.35% in 2023, according to the latest World Bank data. The series covers 22 years, from 1998 to 2023. The highest recorded value was 7.88% in 2002. The lowest was 4.17% in 2019 (about 1.0× the low point). Across that span the compound annual growth rate works out to -1.53% per year.
Cabo Verde ranks 80 of 172 economies on this measure (1 = highest), putting it in the top 47%. The median for Sub-Saharan Africa is 3.61%, so Cabo Verde sits above it. It peaked in 2002 and has fallen 45% since. Over the last decade (2013–2023) the figure moved down 5%.
Key figures
Latest (2023)
4.35%
First (1998)
6.39%
Change
-32.0%
Highest
7.88%
in 2002
Lowest
4.17%
in 2019
Average
5.43%
Annual growth (CAGR)
-1.53%
Years of data
22
Recent years
| Year | % of GDP |
|---|---|
| 2023 | 4.35% |
| 2022 | 4.73% |
| 2021 | 6.15% |
| 2020 | 7.09% |
| 2019 | 4.17% |
| 2018 | 4.79% |
| 2017 | 4.59% |
| 2016 | 4.75% |
| 2015 | 4.81% |
| 2014 | 4.52% |
| 2013 | 4.56% |
| 2012 | 5.4% |
Reading this correctly. Total general government expenditure on education, expressed as a percentage of GDP. Includes both current and capital spending. Figures are in % of GDP. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
SE.XPD.TOTL.GD.ZS — Government Education Spending (% of GDP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.