GDP in Cape Verde
Cape Verde: GDP was 2.48 billion constant 2015 US$ in 2025. ◆ Volatile
GDP in Cape Verde, 1980–2025
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$, in 1980.
Cape Verde ranks 183rd of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Cape Verde, year by year
| Year | constant 2015 US$ | 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$, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 247.92 million constant 2015 US$ | 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
- 180 Curacao 2.81 billion constant 2015 US$ compare
- 181 Belize 2.70 billion constant 2015 US$ compare
- 182 Turks and Caicos Islands 2.66 billion constant 2015 US$ compare
- 184 Lesotho 2.41 billion constant 2015 US$ compare
- 185 Eritrea 2.25 billion constant 2015 US$ compare
- 186 Gambia 2.22 billion constant 2015 US$ compare
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
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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About this data
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.