Cabo Verde—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #43 of 192Updated June 2026
Latest Value
-0.4%
2027
YoY Change
+55.6%
2026 → 2027
Global Rank
#43
of 192 countries
Maximum
-0.3%
2023
Minimum
-15.5%
2000
Last
-0.4%
Previous
-0.9%
Highest
-0.3%
Lowest
-15.5%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Cabo Verde's fiscal balance (% of GDP) was -0.9% in 2026, ranking #43 out of 192 countries. This represents a +55.6% change from 2026. Over the past 27 years, the highest recorded value was -0.3% (2023) and the lowest was -15.5% (2000). The IMF WEO projects -0.4% by 2027. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -0.4% | +55.6% |
| 2026 | -0.9% | +43.8% |
| 2025 | -1.6% | -45.5% |
| 2024 | -1.1% | -266.7% |
| 2023 | -0.3% | +93.0% |
| 2022 | -4.3% | +42.7% |
| 2021 | -7.5% | +19.4% |
| 2020 | -9.3% | -481.3% |
| 2019 | -1.6% | +33.3% |
| 2018 | -2.4% | +7.7% |
| 2017 | -2.6% | +3.7% |
| 2016 | -2.7% | +35.7% |
| 2015 | -4.2% | +39.1% |
| 2014 | -6.9% | +18.8% |
| 2013 | -8.5% | +9.6% |
| 2012 | -9.4% | -34.3% |
| 2011 | -7.0% | +27.1% |
| 2010 | -9.6% | -81.1% |
| 2009 | -5.3% | -278.6% |
| 2008 | -1.4% | -55.6% |
| 2007 | -0.9% | +79.1% |
| 2006 | -4.3% | +8.5% |
| 2005 | -4.7% | -56.7% |
| 2004 | -3.0% | +16.7% |
| 2003 | -3.6% | +41.0% |
| 2002 | -6.1% | -22.0% |
| 2001 | -5.0% | +67.7% |
| 2000 | -15.5% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -0.9% | +43.8% |
| 2027Forecast | -0.4% | +55.6% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Nauru | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP