HistoryData

Healthcare Spending: Cabo Verde

Cabo Verde's healthcare spending is currently 5.848 % of GDP as of 2023. # Cabo Verde Healthcare Spending Cabo Verde allocated 5.

Current (2023)
5.848 % of GDP
-12.7% y/y
Peak (2020)
7.034 % of GDP
Low (2008)
3.27 % of GDP
Source
World Bank World Development Indicators
20002023 · 24 pts

Healthcare SpendingCabo Verde

20002023

Healthcare Spending — Cabo Verde
3.27% of GDP4.211% of GDP5.152% of GDP6.093% of GDP7.034% of GDP2000201020202023LowPeak
Analysis# Cabo Verde Healthcare Spending Cabo Verde allocated 5.848% of its GDP to healthcare in 2023, representing a substantial 51.5% increase since 2000. The country's health expenditure has fluctuated significantly within a range of 3.27% (2008 low) to 7.034% (2020 peak), reflecting evolving priorities and economic pressures over the past two decades. A dramatic spike occurred in 2020, when healthcare spending reached its historical peak at 7.034% of GDP—likely driven by pandemic response efforts. Since then, spending has declined steadily, dropping from 6.608% in 2021 to 5.848% in 2023. The current trajectory suggests a return toward pre-pandemic levels, though spending remains considerably higher than the 4.4–4.8% range recorded between 2014 and 2019.

Historical Data

24 Rows
YearValueChange %
20235.848 % of GDP-12.74%
20226.702 % of GDP+1.42%
20216.608 % of GDP-6.06%
20207.034 % of GDP+45.81%
20194.824 % of GDP+0.82%
20184.785 % of GDP+6.78%
20174.481 % of GDP+2.75%
20164.361 % of GDP-0.91%
20154.401 % of GDP-9.30%
20144.852 % of GDP+0.56%
20134.825 % of GDP+3.23%
20124.674 % of GDP+19.08%
20113.925 % of GDP-3.82%
20104.081 % of GDP+14.67%
20093.559 % of GDP+8.84%
20083.27 % of GDP-14.89%
20073.842 % of GDP+0.47%
20063.824 % of GDP+14.46%
20053.341 % of GDP-5.78%
20043.546 % of GDP-2.23%
Show all 24 rows
YearValueChange %
20033.627 % of GDP-2.63%
20023.725 % of GDP+0.76%
20013.697 % of GDP-4.22%
20003.86 % of GDP

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Demographics

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