Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Cabo Verde
Cabo Verde: Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 3.56 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Cabo Verde, 1990–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2029, africa's development dynamics (afdd) table 04 - annual real gdp in Cabo Verde stood at 3.56 Percent per annum.
That represents a change of up 0.8% on the previous year and down 39.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Cabo Verde peaked at 16.09 Percent per annum in 2022 and was at its lowest, -21.57 Percent per annum, in 2020.
Cabo Verde ranks 6th of 28 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Cabo Verde, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -1.08 Percent per annum | — |
| 1991 | -0.8156 Percent per annum | -24.4% |
| 1992 | 0.5556 Percent per annum | -168.1% |
| 1993 | 4.63 Percent per annum | +732.6% |
| 1994 | 4.29 Percent per annum | -7.2% |
| 1995 | 4.95 Percent per annum | +15.3% |
| 1996 | 4.25 Percent per annum | -14.0% |
| 1997 | 5.23 Percent per annum | +22.9% |
| 1998 | 6.06 Percent per annum | +15.9% |
| 1999 | 9.52 Percent per annum | +57.1% |
| 2000 | 5.25 Percent per annum | -44.9% |
| 2001 | 4.38 Percent per annum | -16.5% |
| 2002 | 3.68 Percent per annum | -16.0% |
| 2003 | 5.97 Percent per annum | +62.1% |
| 2004 | 3.53 Percent per annum | -40.9% |
| 2005 | 4.47 Percent per annum | +26.7% |
| 2006 | 7.79 Percent per annum | +74.4% |
| 2007 | 13.87 Percent per annum | +77.9% |
| 2008 | 5.86 Percent per annum | -57.7% |
| 2009 | -2.52 Percent per annum | -142.9% |
| 2010 | 0.7473 Percent per annum | -129.7% |
| 2011 | 2.68 Percent per annum | +258.8% |
| 2012 | -0.1174 Percent per annum | -104.4% |
| 2013 | -0.5003 Percent per annum | +326.3% |
| 2014 | -0.4348 Percent per annum | -13.1% |
| 2015 | -0.1772 Percent per annum | -59.2% |
| 2016 | 3.12 Percent per annum | -1859.1% |
| 2017 | 3.34 Percent per annum | +7.0% |
| 2018 | 2.57 Percent per annum | -22.9% |
| 2019 | 5.87 Percent per annum | +128.1% |
| 2020 | -21.57 Percent per annum | -467.6% |
| 2021 | 4.67 Percent per annum | -121.6% |
| 2022 | 16.09 Percent per annum | +244.8% |
| 2023 | 3.82 Percent per annum | -76.2% |
| 2024 | 3.74 Percent per annum | -2.2% |
| 2025 | 3.75 Percent per annum | +0.1% |
| 2026 | 3.65 Percent per annum | -2.6% |
| 2027 | 3.62 Percent per annum | -0.9% |
| 2028 | 3.53 Percent per annum | -2.3% |
| 2029 | 3.56 Percent per annum | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.76 Percent per annum | -1.08 Percent per annum | 9.52 Percent per annum | 10 |
| 2000s | 5.23 Percent per annum | -2.52 Percent per annum | 13.87 Percent per annum | 10 |
| 2010s | 1.71 Percent per annum | -0.5003 Percent per annum | 5.87 Percent per annum | 10 |
| 2020s | 2.49 Percent per annum | -21.57 Percent per annum | 16.09 Percent per annum | 10 |
Countries ranked near Cabo Verde
- 3 Mozambique 5.66 Percent per annum compare
- 4 India 5.66 Percent per annum compare
- 5 Georgia 5.32 Percent per annum compare
- 6 Rwanda 5.1 Percent per annum compare
- 7 Latvia 3.53 Percent per annum compare
- 7 Croatia 3.21 Percent per annum compare
- 7 Philippines 4.98 Percent per annum compare
- 8 Ukraine 4.93 Percent per annum compare
- 9 Serbia 4.7 Percent per annum compare
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 291.99 million USD (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Cabo Verde?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Cabo Verde was 3.56 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Cabo Verde?
- The highest recorded value was 16.09 Percent per annum in 2022.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Cabo Verde?
- The lowest recorded value was -21.57 Percent per annum in 2020.
- How does Cabo Verde rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Cabo Verde ranks 6th out of 28 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Cabo Verde?
- Over the last ten years it is down 39.3%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.