Cape Verde

Fiscal Balance

-8.6
percent of GDP
Dec 95Dec 97Dec 99Dec 01Dec 03Dec 05Dec 07Dec 09Dec 11Dec 13Dec 15Dec 17Dec 19Dec 21-20.000-15.000-10.000-5.0000.000
  • Cape Verde
  • Global Median
Source: IMF

Global Ranking

162
Malta-8
163
Kiribati-8.02
165
El Salvador-8.19
166
Aruba-8.5
167
Cape Verde-8.6
169
Iceland-8.9
170
Dominica-8.97
171
Zambia-9

Africa Ranking

44
Egypt-7.4
45
Uganda-7.5
46
Tunisia-7.71
47
Namibia-7.8
48
Kenya-7.9
50
Zambia-9
52
Ghana-12.1

News

Definition of Fiscal Balance

The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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