GDP (current US$) (Country official) in Cape Verde
Cape Verde: GDP (current US$) (Country official) was 3.06 billion current US$ in 2025. ◆ Volatile
GDP in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Cape Verde recorded 3.06 billion current US$ for gdp in 2025. That is the highest value across all 46 years on record.
That represents a change of up 12.6% on the previous year and up 74.7% over ten years.
Over the whole period, gdp in Cape Verde peaked at 3.06 billion current US$ in 2025 and was at its lowest, 132.02 million current US$, in 1984.
Cape Verde ranks 185th of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (Country official) in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 142.25 million current US$ | — |
| 1981 | 139.47 million current US$ | -2.0% |
| 1982 | 140.63 million current US$ | +0.8% |
| 1983 | 138.48 million current US$ | -1.5% |
| 1984 | 132.02 million current US$ | -4.7% |
| 1985 | 137.73 million current US$ | +4.3% |
| 1986 | 190.65 million current US$ | +38.4% |
| 1987 | 235.25 million current US$ | +23.4% |
| 1988 | 264.31 million current US$ | +12.4% |
| 1989 | 267.45 million current US$ | +1.2% |
| 1990 | 306.89 million current US$ | +14.7% |
| 1991 | 319.83 million current US$ | +4.2% |
| 1992 | 357.16 million current US$ | +11.7% |
| 1993 | 490.42 million current US$ | +37.3% |
| 1994 | 406.58 million current US$ | -17.1% |
| 1995 | 487.15 million current US$ | +19.8% |
| 1996 | 501.98 million current US$ | +3.0% |
| 1997 | 490.61 million current US$ | -2.3% |
| 1998 | 521.91 million current US$ | +6.4% |
| 1999 | 592.42 million current US$ | +13.5% |
| 2000 | 539.23 million current US$ | -9.0% |
| 2001 | 563.09 million current US$ | +4.4% |
| 2002 | 620.51 million current US$ | +10.2% |
| 2003 | 813.26 million current US$ | +31.1% |
| 2004 | 924.94 million current US$ | +13.7% |
| 2005 | 972.24 million current US$ | +5.1% |
| 2006 | 1.11 billion current US$ | +13.9% |
| 2007 | 1.65 billion current US$ | +48.9% |
| 2008 | 1.96 billion current US$ | +18.8% |
| 2009 | 1.85 billion current US$ | -5.5% |
| 2010 | 1.82 billion current US$ | -1.5% |
| 2011 | 2.05 billion current US$ | +12.2% |
| 2012 | 1.91 billion current US$ | -6.5% |
| 2013 | 2.03 billion current US$ | +6.1% |
| 2014 | 2.04 billion current US$ | +0.6% |
| 2015 | 1.75 billion current US$ | -14.3% |
| 2016 | 1.85 billion current US$ | +5.7% |
| 2017 | 2.00 billion current US$ | +7.9% |
| 2018 | 2.21 billion current US$ | +10.4% |
| 2019 | 2.25 billion current US$ | +2.1% |
| 2020 | 1.82 billion current US$ | -19.1% |
| 2021 | 2.05 billion current US$ | +12.6% |
| 2022 | 2.25 billion current US$ | +9.5% |
| 2023 | 2.50 billion current US$ | +11.5% |
| 2024 | 2.71 billion current US$ | +8.4% |
| 2025 | 3.06 billion current US$ | +12.6% |
Cape Verde compared with similar countries
- Cape Verde's 3.06 billion current US$ is below the median for upper middle income countries, which is 48.10 billion current US$, 6% of the median. (59 countries reporting)
- Cape Verde's 3.06 billion current US$ is below the median for Sub-Saharan Africa, which is 19.77 billion current US$, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 178.82 million current US$ | 132.02 million current US$ | 267.45 million current US$ | 10 |
| 1990s | 447.49 million current US$ | 306.89 million current US$ | 592.42 million current US$ | 10 |
| 2000s | 1.10 billion current US$ | 539.23 million current US$ | 1.96 billion current US$ | 10 |
| 2010s | 1.99 billion current US$ | 1.75 billion current US$ | 2.25 billion current US$ | 10 |
| 2020s | 2.40 billion current US$ | 1.82 billion current US$ | 3.06 billion current US$ | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Real gdp growth, annual growth rate 51.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
Frequently asked questions
- What is gdp in Cape Verde?
- Gdp in Cape Verde was 3.06 billion current 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 3.06 billion current US$ in 2025.
- What is the lowest gdp recorded in Cape Verde?
- The lowest recorded value was 132.02 million current US$ in 1984.
- How does Cape Verde rank for gdp?
- Cape Verde ranks 185th out of 214 countries with data for 2025.
- Is gdp rising or falling in Cape Verde?
- Over the last ten years it is up 74.7%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.