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COUNTRY OUTLOOK / CV

Cape Verde

Unverified rate framework · ISO:CV

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalPraia
RegionSub-Saharan Africa
Income groupUpper middle income
CurrencyCape Verdean escudo
GDP$3.06B2025 · current US$
Real GDP growth6.30%2025 · annual %
Population527.33K2025 · people
GDP per capita$5,796.472025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Cape Verde's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:CV
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

6.30% · 2025 · annual %

Real GDP growth · annual %-20.81%-2.48%15.84%2014: 0.696666840118581 annual %2015: 0.936026507808833 annual %2016: 4.28071482662371 annual %2017: 4.5513148102974 annual %2018: 3.70696458310842 annual %2019: 6.94782634051859 annual %2020: -20.8052758990735 annual %2021: 7.03353010694514 annual %2022: 15.843675684642 annual %2023: 4.7947613911073 annual %2024: 6.98888280991075 annual %2025: 6.29698518253096 annual %20142025
View annual observations
YearValue (annual %)
20256.297
20246.989
20234.795
202215.844
20217.034
2020-20.805
20196.948
20183.707
20174.551
20164.281
20150.936
20140.697
World Bank source & definition ↗

Economy

GDP$3.06B2025 · current US$Source & definition ↗
Real GDP growth6.30%2025 · annual %Source & definition ↗
GDP per capita$5,796.472025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 6.42B2025 · current international $Source & definition ↗

People

Population527.33K2025 · peopleSource & definition ↗
Population growth0.47%2025 · annual %Source & definition ↗
Urban population77.63%2025 · % of populationSource & definition ↗
Life expectancy76.222024 · yearsSource & definition ↗
Unemployment · ILO estimate11.94%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+57.03%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing5.04%2025 · % of GDPSource & definition ↗
Industry including construction10.72%2025 · % of GDPSource & definition ↗
Services67.92%2025 · % of GDPSource & definition ↗
Manufacturing5.19%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services41.98%2025 · % of GDPSource & definition ↗
Imports of goods & services53.35%2025 · % of GDPSource & definition ↗
Current account balance3.53%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows5.03%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation2.34%2025 · annual %Source & definition ↗
Central government debtNot available% of GDP
Tax revenue18.39%2020 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector54.04%2025 · % of GDPSource & definition ↗
Total reserves including gold$1.26B2025 · current US$Source & definition ↗

Infrastructure

Internet use74.74%2024 · % of populationSource & definition ↗
Access to electricity98.40%2024 · % of populationSource & definition ↗

Geography

Surface area4,0302023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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