GDP growth in Cape Verde
Cape Verde: GDP growth was 6.3% in 2025. ◆ Volatile
GDP growth in Cape Verde, 1981–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp growth in Cape Verde is 6.3%, measured in 2025.
Compared with earlier readings it is down 9.9% on the previous year and up 572.7% over ten years.
Over the whole period, gdp growth in Cape Verde peaked at 19.2% in 1994 and was at its lowest, -20.8%, in 2020.
That places Cape Verde 33rd out of 213 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Cape Verde, year by year
| Year | annual % | Change |
|---|---|---|
| 1981 | 8.5% | — |
| 1982 | 2.8% | -66.6% |
| 1983 | 9.5% | +237.0% |
| 1984 | 3.8% | -60.3% |
| 1985 | 8.6% | +128.4% |
| 1986 | 2.9% | -66.8% |
| 1987 | 4.3% | +50.1% |
| 1988 | 6.0% | +39.2% |
| 1989 | 5.7% | -5.0% |
| 1990 | 0.7% | -87.9% |
| 1991 | 1.4% | +102.9% |
| 1992 | 10.9% | +678.9% |
| 1993 | 8.7% | -20.4% |
| 1994 | 19.2% | +120.3% |
| 1995 | 14.2% | -25.9% |
| 1996 | 11.3% | -20.2% |
| 1997 | 11.1% | -2.0% |
| 1998 | 12.5% | +12.6% |
| 1999 | 11.2% | -10.3% |
| 2000 | 14.3% | +27.3% |
| 2001 | 2.2% | -84.4% |
| 2002 | 5.3% | +135.3% |
| 2003 | 4.2% | -20.5% |
| 2004 | 10.2% | +144.2% |
| 2005 | 6.9% | -32.2% |
| 2006 | 8.0% | +15.5% |
| 2007 | 15.2% | +90.0% |
| 2008 | 7.0% | -53.6% |
| 2009 | -1.5% | -121.4% |
| 2010 | 1.8% | -222.1% |
| 2011 | 3.9% | +113.7% |
| 2012 | 1.1% | -72.4% |
| 2013 | 0.6% | -41.7% |
| 2014 | 0.7% | +10.2% |
| 2015 | 0.9% | +34.4% |
| 2016 | 4.3% | +357.3% |
| 2017 | 4.6% | +6.3% |
| 2018 | 3.7% | -18.6% |
| 2019 | 6.9% | +87.4% |
| 2020 | -20.8% | -399.5% |
| 2021 | 7.0% | -133.8% |
| 2022 | 15.8% | +125.3% |
| 2023 | 4.8% | -69.7% |
| 2024 | 7.0% | +45.8% |
| 2025 | 6.3% | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | 2.8% | 9.5% | 9 |
| 1990s | 10.1% | 0.7% | 19.2% | 10 |
| 2000s | 7.2% | -1.5% | 15.2% | 10 |
| 2010s | 2.9% | 0.6% | 6.9% | 10 |
| 2020s | 3.4% | -20.8% | 15.8% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Net primary income (Net income from abroad) (current LCU), annual 17.72 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 18.54 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1632 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 945.95 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 13.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 15.97 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 92,574 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0078 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 128.44 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 93.79 (2025)
Frequently asked questions
- What is gdp growth in Cape Verde?
- Gdp growth in Cape Verde was 6.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Cape Verde?
- The highest recorded value was 19.2% in 1994.
- What is the lowest gdp growth recorded in Cape Verde?
- The lowest recorded value was -20.8% in 2020.
- How does Cape Verde rank for gdp growth?
- Cape Verde ranks 33rd out of 213 countries with data for 2025.
- Is gdp growth rising or falling in Cape Verde?
- Over the last ten years it is up 572.7%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.