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Cape Verde Annual Unemployment Rate

Cape Verde's annual unemployment rate fell to 11.88% in 2024, down from 11.97% in 2023, according to World Bank. This represents a decrease of 0.09% from the previous year. Cape Verde has annual unemployment rate higher than the global median (11.88% vs median 5.23%). Compared with the median in Africa, Cape Verde is higher (11.88% vs regional median 5.55%) and ranks 15th out of 53 countries in Africa.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 11.88%
2023 11.97%
2022 12.25%
2021 13.98%
2020 14.69%
2019 12.13%
2018 12.17%
2017 12.24%
2016 12.08%
2015 11.91%
2014 11.67%
2013 11.39%
2012 11.14%
2011 10.95%
2010 10.67%
2009 13.52%
2008 13.34%
2007 13.32%
2006 13.4%
2005 13.45%
2004 13.46%
2003 13.59%
2002 13.4%
2001 13.28%
2000 13.09%
1999 13.13%
1998 13.12%
1997 13.08%
1996 12.93%
1995 12.97%
1994 13.02%
1993 13.31%
1992 13.45%
1991 13.54%
Cape Verde Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Cape Verde's labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 50.34% 50.42% 2024