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Cabo Verde — Health spending

Health Spending (% of GDP) for Cabo Verde, 2000–2023.

Latest value · 2023
5.85%
Health Spending (% of GDP) · % of GDP · +51.5% since 2000

Health spending for Cabo Verde was 5.85% in 2023, according to the latest World Bank data. The series covers 24 years, from 2000 to 2023. The highest recorded value was 7.03% in 2020. The lowest was 3.27% in 2008 (about 1.8× the low point). Across that span the compound annual growth rate works out to 1.82% per year.

Cabo Verde ranks 107 of 189 economies on this measure (1 = highest), putting it in the top 57%. The median for Sub-Saharan Africa is 4.48%, so Cabo Verde sits above it. It peaked in 2020 and has fallen 17% since. Over the last decade (2013–2023) the figure moved up 21%.

Key figures

Latest (2023)
5.85%
First (2000)
3.86%
Change
+51.5%
Highest
7.03%
in 2020
Lowest
3.27%
in 2008
Average
4.49%
Annual growth (CAGR)
1.82%
Years of data
24

Recent years

Year% of GDP
20235.85%
20226.7%
20216.61%
20207.03%
20194.82%
20184.79%
20174.48%
20164.36%
20154.4%
20144.85%
20134.82%
20124.67%
Reading this correctly. Current health expenditure as a share of GDP. Covers both public and private spending on health goods and services. 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 SH.XPD.CHEX.GD.ZS — Health 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.