Wage bill as a percentage of GDP in Cabo Verde

Cabo Verde: Wage bill as a percentage of GDP was 10.9% in 2022. β–² Rising

Latest (2022)
10.9%
Change on year
down 3.3%
World rank
49th
of 190 countries
All-time high
12.1%
in 2020
All-time low
8.7%
in 2001
Years of data
23
2000–2022

Wage bill as a percentage of GDP in Cabo Verde, 2000–2022

02.557.51012.52000201120222000: 9.12001: 8.72002: 8.92003: 10.72004: 11.32005: 11.12006: 10.62007: 10.22008: 9.22009: 10.52010: 10.72011: 10.62012: 10.62013: 10.82014: 11.12015: 112016: 11.12017: 10.92018: 9.62019: 9.62020: 12.12021: 11.32022: 10.9

Source: World Bank.

Analysis

Cabo Verde recorded 10.9% for wage bill as a percentage of gdp in 2022.

The figure is down 3.3% on the previous year and up 3.0% over ten years.

Over the whole period, wage bill as a percentage of gdp in Cabo Verde peaked at 12.1% in 2020 and was at its lowest, 8.7%, in 2001.

Cabo Verde ranks 49th of 190 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.0% 8.7% 11.3% 10
2010s 10.6% 9.6% 11.1% 10
2020s 11.4% 10.9% 12.1% 3

Countries ranked near Cabo Verde

  1. 46 Maldives 10.9% compare
  2. 47 Russian Federation 10.9% compare
  3. 48 Algeria 10.9% compare
  4. 50 Lithuania, Republic of 10.9% compare
  5. 51 Seychelles 10.8% compare
  6. 52 Morocco 10.7% compare

See the full ranking of 190 places β†’

More reference data data for Cabo Verde

All data for Cabo Verde β†’

Frequently asked questions

What is wage bill as a percentage of gdp in Cabo Verde?
Wage bill as a percentage of gdp in Cabo Verde was 10.9% in 2022, according to the World Bank.
What is the highest wage bill as a percentage of gdp recorded in Cabo Verde?
The highest recorded value was 12.1% in 2020.
What is the lowest wage bill as a percentage of gdp recorded in Cabo Verde?
The lowest recorded value was 8.7% in 2001.
How does Cabo Verde rank for wage bill as a percentage of gdp?
Cabo Verde ranks 49th out of 190 countries with data for 2022.
Is wage bill as a percentage of gdp rising or falling in Cabo Verde?
Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
Where does this Cabo Verde data come from?
The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.

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Wage bill as a percentage of GDP in Cabo Verde. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/wage-bill-as-a-percentage-of-gdp/cabo-verde/

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About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed