Annual growth of the gross capital formation in Cabo Verde
Cabo Verde: Annual growth of the gross capital formation was -5.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Cabo Verde, 2008–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Cabo Verde recorded -5.6% for annual growth of the gross capital formation in 2024.
That represents a change of down 693.8% on the previous year and down 132.5% over ten years.
Over the whole period, annual growth of the gross capital formation in Cabo Verde peaked at 17.2% in 2014 and was at its lowest, -20.3%, in 2012.
Cabo Verde ranks 145th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Cabo Verde, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 4.0% | — |
| 2009 | -9.6% | -342.7% |
| 2010 | 10.7% | -210.9% |
| 2011 | 1.8% | -83.2% |
| 2012 | -20.3% | -1237.6% |
| 2013 | -12.8% | -37.2% |
| 2014 | 17.2% | -234.9% |
| 2015 | -16.1% | -193.4% |
| 2016 | 7.7% | -147.6% |
| 2017 | 2.3% | -69.4% |
| 2018 | 4.0% | +72.3% |
| 2019 | -3.7% | -191.9% |
| 2020 | 0.1% | -102.2% |
| 2021 | 2.4% | +2847.9% |
| 2022 | -10.3% | -523.8% |
| 2023 | 0.9% | -109.2% |
| 2024 | -5.6% | -693.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.8% | -9.6% | 4.0% | 2 |
| 2010s | -0.9% | -20.3% | 17.2% | 10 |
| 2020s | -2.5% | -10.3% | 2.4% | 5 |
Countries ranked near Cabo Verde
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 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)
Frequently asked questions
- What is annual growth of the gross capital formation in Cabo Verde?
- Annual growth of the gross capital formation in Cabo Verde was -5.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Cabo Verde?
- The highest recorded value was 17.2% in 2014.
- What is the lowest annual growth of the gross capital formation recorded in Cabo Verde?
- The lowest recorded value was -20.3% in 2012.
- How does Cabo Verde rank for annual growth of the gross capital formation?
- Cabo Verde ranks 145th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Cabo Verde?
- Over the last ten years it is down 132.5%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).