GDP in Cape Verde

Cape Verde: GDP was 2.48 billion constant 2015 US$ in 2025. ◆ Volatile

Latest (2025)
2.48 billion constant 2015 US$
Change on year
up 6.3%
World rank
183rd
of 212 countries
All-time high
2.48 billion constant 2015 US$
in 2025
All-time low
188.08 million constant 2015 US$
in 1980
Years of data
46
1980–2025

GDP in Cape Verde, 1980–2025

0500.0M1.0B1.5B2.0B2.5B198020022025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

The most recent figure for gdp in Cape Verde is 2.48 billion constant 2015 US$, measured in 2025. That is the highest value across all 46 years on record.

The figure is up 6.3% on the previous year and up 41.5% over ten years.

Over the whole period, gdp in Cape Verde peaked at 2.48 billion constant 2015 US$ in 2025 and was at its lowest, 188.08 million constant 2015 US$, in 1980.

Cape Verde ranks 183rd of 212 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP in Cape Verde, year by year

Annual values for GDP (constant 2015 US$) in Cape Verde, 1980 to 2025.
Year constant 2015 US$ Change
1980 188.08 million constant 2015 US$
1981 203.98 million constant 2015 US$ +8.5%
1982 209.74 million constant 2015 US$ +2.8%
1983 229.71 million constant 2015 US$ +9.5%
1984 238.40 million constant 2015 US$ +3.8%
1985 259.00 million constant 2015 US$ +8.6%
1986 266.44 million constant 2015 US$ +2.9%
1987 277.92 million constant 2015 US$ +4.3%
1988 294.59 million constant 2015 US$ +6.0%
1989 311.37 million constant 2015 US$ +5.7%
1990 313.53 million constant 2015 US$ +0.7%
1991 317.93 million constant 2015 US$ +1.4%
1992 352.70 million constant 2015 US$ +10.9%
1993 383.42 million constant 2015 US$ +8.7%
1994 456.97 million constant 2015 US$ +19.2%
1995 521.91 million constant 2015 US$ +14.2%
1996 581.13 million constant 2015 US$ +11.3%
1997 645.74 million constant 2015 US$ +11.1%
1998 726.57 million constant 2015 US$ +12.5%
1999 808.11 million constant 2015 US$ +11.2%
2000 923.55 million constant 2015 US$ +14.3%
2001 944.16 million constant 2015 US$ +2.2%
2002 993.74 million constant 2015 US$ +5.3%
2003 1.04 billion constant 2015 US$ +4.2%
2004 1.14 billion constant 2015 US$ +10.2%
2005 1.22 billion constant 2015 US$ +6.9%
2006 1.32 billion constant 2015 US$ +8.0%
2007 1.52 billion constant 2015 US$ +15.2%
2008 1.62 billion constant 2015 US$ +7.0%
2009 1.60 billion constant 2015 US$ -1.5%
2010 1.63 billion constant 2015 US$ +1.8%
2011 1.69 billion constant 2015 US$ +3.9%
2012 1.71 billion constant 2015 US$ +1.1%
2013 1.72 billion constant 2015 US$ +0.6%
2014 1.73 billion constant 2015 US$ +0.7%
2015 1.75 billion constant 2015 US$ +0.9%
2016 1.82 billion constant 2015 US$ +4.3%
2017 1.91 billion constant 2015 US$ +4.6%
2018 1.98 billion constant 2015 US$ +3.7%
2019 2.12 billion constant 2015 US$ +6.9%
2020 1.68 billion constant 2015 US$ -20.8%
2021 1.79 billion constant 2015 US$ +7.0%
2022 2.08 billion constant 2015 US$ +15.8%
2023 2.18 billion constant 2015 US$ +4.8%
2024 2.33 billion constant 2015 US$ +7.0%
2025 2.48 billion constant 2015 US$ +6.3%

Cape Verde compared with similar countries

  • Cape Verde's 2.48 billion constant 2015 US$ is below the median for upper middle income countries, which is 49.29 billion constant 2015 US$, 5% of the median. (59 countries reporting)
  • Cape Verde's 2.48 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 16.42 billion constant 2015 US$, 15% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 247.92 million constant 2015 US$ 188.08 million constant 2015 US$ 311.37 million constant 2015 US$ 10
1990s 510.80 million constant 2015 US$ 313.53 million constant 2015 US$ 808.11 million constant 2015 US$ 10
2000s 1.23 billion constant 2015 US$ 923.55 million constant 2015 US$ 1.62 billion constant 2015 US$ 10
2010s 1.81 billion constant 2015 US$ 1.63 billion constant 2015 US$ 2.12 billion constant 2015 US$ 10
2020s 2.09 billion constant 2015 US$ 1.68 billion constant 2015 US$ 2.48 billion constant 2015 US$ 6

Countries ranked near Cape Verde

  1. 180 Curacao 2.81 billion constant 2015 US$ compare
  2. 181 Belize 2.70 billion constant 2015 US$ compare
  3. 182 Turks and Caicos Islands 2.66 billion constant 2015 US$ compare
  4. 184 Lesotho 2.41 billion constant 2015 US$ compare
  5. 185 Eritrea 2.25 billion constant 2015 US$ compare
  6. 186 Gambia 2.22 billion constant 2015 US$ compare

See the full ranking of 260 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is gdp in Cape Verde?
Gdp in Cape Verde was 2.48 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp recorded in Cape Verde?
The highest recorded value was 2.48 billion constant 2015 US$ in 2025.
What is the lowest gdp recorded in Cape Verde?
The lowest recorded value was 188.08 million constant 2015 US$ in 1980.
How does Cape Verde rank for gdp?
Cape Verde ranks 183rd out of 212 countries with data for 2025.
Is gdp rising or falling in Cape Verde?
Over the last ten years it is up 41.5%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant 2015 US$). Statizoid updates them automatically from the source API.

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GDP in Cape Verde. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gdp-constant-2015-us/cabo-verde/

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About this data

Indicator
GDP (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
260 places, 14,526 data points, 1960–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.