Cabo Verde — Education spending
Government Education Spending (% of GDP) for Cabo Verde, 1998–2023.
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%. Within Sub-Saharan Africa it ranks 14 of 41 economies; Mauritius (4.25%) is just below it. Its sharpest one-year move was up 70% in 2020. That is 12% below this series' own ten-year average.
Data highlights
World ranking. Slipped: 8th of 86 in 1998 → 43rd of 130 in 2010 → 13th of 157 in 2020 → 38th of 107 in 2023.
Key figures
Full history — 1998 to 2023
| Year | % of GDP | Change |
|---|---|---|
| 2023 | 4.35% | -0.4 pp |
| 2022 | 4.73% | -1.4 pp |
| 2021 | 6.15% | -0.9 pp |
| 2020 | 7.09% | +2.9 pp |
| 2019 | 4.17% | -0.6 pp |
| 2018 | 4.79% | +0.2 pp |
| 2017 | 4.59% | -0.2 pp |
| 2016 | 4.75% | -0.1 pp |
| 2015 | 4.81% | +0.3 pp |
| 2014 | 4.52% | -0.0 pp |
| 2013 | 4.56% | -0.8 pp |
| 2012 | 5.4% | +0.8 pp |
| 2011 | 4.6% | -0.5 pp |
| 2010 | 5.08% | +0.2 pp |
| 2009 | 4.87% | -0.2 pp |
| 2008 | 5.03% | +0.1 pp |
| 2007 | 4.96% | -1.6 pp |
| 2006 | 6.53% | -0.9 pp |
| 2004 | 7.48% | -0.4 pp |
| 2002 | 7.88% | +1.1 pp |
| 1999 | 6.8% | +0.4 pp |
| 1998 | 6.39% | — |
Frequently asked questions
What was Cabo Verde’s Education spending in 1999?
6.8% (1999). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in % of GDP, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Cabo Verde’s Education spending growing or shrinking?
Between 1998 and 2023 the series was shrinking overall: -32.0% in total — about 1.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator SE.XPD.TOTL.GD.ZS. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2023: 4.35%; 2022: 4.73%; 2021: 6.15%; 2020: 7.09%; 2019: 4.17%. Earlier years are in the full-history table below.
Related data
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.