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Cape Verde GDP per Capita

Cape Verde's GDP per capita rose to $4,475.45 in 2024, up from $4,192.4 in 2023, according to World Bank. This represents an increase of 6.8% ($283.05) from the previous year. Cape Verde has GDP per capita lower than the global median ($4,475 vs median $6,791). Compared with the median in Africa, Cape Verde is higher ($4,475 vs regional median $1,393) and ranks 9th out of 52 countries in Africa.

Cape Verde's GDP rose to $2.77 billion in 2024, up from $2.54 billion in 2023.

Yearly Historical Data (1980-2024)

(in USD)
Year GDP per Capita (USD)
2024 4,475.45
2023 4,192.4
2022 3,997.77
2021 3,471.66
2020 3,255.94
2019 4,115.9
2018 3,853.68
2017 3,719.71
2016 3,560.14
2015 3,415.06
2014 3,383.84
2013 3,361.09
2012 3,341.74
2011 3,309.2
2010 3,194.62
2009 3,159.59
2008 3,238.44
2007 3,056.97
2006 2,683.84
2005 2,514.17
2004 2,379.8
2003 2,186.9
2002 2,127.71
2001 2,051.22
2000 2,037.32
1999 1,809.81
1998 1,652.11
1997 1,492.02
1996 1,365.5
1995 1,248.28
1994 1,113.94
1993 953.86
1992 896.52
1991 826.68
1990 835.12
1989 846.57
1988 813.04
1987 777.83
1986 756.26
1985 745.62
1984 696.05
1983 680.31
1982 630.37
1981 622.18
1980 581.76
Cape Verde GDP per Capita : Definition
GDP per Capita measures total economic output for Cape Verde divided by the number of people, adjusted to 2015 prices and measured in US dollars.
Indicator Last Value Prior Value Period
GDP $2.77B $2.54B 2024
GDP Annual Growth Rate 7.27% 5.39% 2024
GDP per Capita PPP $9,907.59 $9,280.98 2024
Real GDP $2.35B $2.19B 2024