Flag of Cape Verde

Cape Verde Economic Indicators

Latest economic indicators and statistics for Cape Verde.

Indicator Current Value Previous Value Frequency Period
GDP $2.77B $2.54B Yearly 2024
GDP Annual Growth Rate 7.27% 5.39% Yearly 2024
GDP per Capita $4,475.45 $4,192.4 Yearly 2024
GDP per Capita PPP $9,907.59 $9,280.98 Yearly 2024
Real GDP $2.35B $2.19B Yearly 2024
Annual Inflation Rate 1.05% 3.72% Yearly 2024
Annual Unemployment Rate 11.88% 11.97% Yearly 2024
Female Labor Force Rate 50.34% 50.42% Yearly 2024
Annual Exports $281.68M $309.81M Yearly 2023
Annual Imports $1.76B $1.77B Yearly 2023
Exports (% GDP) 41.86% 38.32% Yearly 2024
FDI Inflows (% GDP) 3.89% 6.25% Yearly 2024
Imports (% GDP) 53.24% 56.26% Yearly 2024
Net Trade (Goods & Services, BoP) -$315M -$455.8M Yearly 2024
Tariff Rate 14.31% 13.59% Yearly 2022
Trade (% GDP) 95.09% 94.58% Yearly 2024
Private Credit (% GDP) 55.56% 57.92% Yearly 2023
Consumer Confidence 13 points 13 points Quarterly Q2 2025
Business Confidence 20 points 17 points Quarterly Q2 2025
Adult Literacy Rate 91% 87% Yearly 2022
Homicide Rate 6.18 5.72 Yearly 2020
Population 524,877 522,331 Yearly 2024
Primary Enrollment Rate 96.4% 96% Yearly 2021
Agricultural Land (%) 19.6% 19.6% Yearly 2022
Annual CO2 Emissions 534,969 tonnes 554,975 tonnes Yearly 2023
Forest Area (%) 11.49% 11.42% Yearly 2022
Corruption Control 0.98 points 0.96 points Yearly 2023
Political stability index 0.9 points 0.93 points Yearly 2023
Infant Mortality Rate 11 11.5 Yearly 2023
Life Expectancy 76.06 75.91 Yearly 2023
Physicians per 1,000 people 0.79 0.73 Yearly 2018
Electricity Access 98.6% 97.1% Yearly 2023
Internet Users 73.5% 72.8% Yearly 2023
Travel Earnings $169M $567M Yearly 2020
Visitor Arrivals 180,000 758,000 Yearly 2020