Gross domestic product (GDP) in Cape Verde
Cape Verde: Gross domestic product (GDP) was 4.25 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) in Cape Verde, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
In 2022, gross domestic product (gdp) in Cape Verde stood at 4.25 billion international-$ in 2011 prices. That is the highest value across all 73 years on record.
The figure is up 17.7% on the previous year and up 29.3% over ten years.
Over the whole period, gross domestic product (gdp) in Cape Verde peaked at 4.25 billion international-$ in 2011 prices in 2022 and was at its lowest, 146.88 million international-$ in 2011 prices, in 1950.
That places Cape Verde 155th out of 165 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 172.90 million international-$ in 2011 prices | 146.88 million international-$ in 2011 prices | 207.62 million international-$ in 2011 prices | 10 |
| 1960s | 290.56 million international-$ in 2011 prices | 223.59 million international-$ in 2011 prices | 357.89 million international-$ in 2011 prices | 10 |
| 1970s | 377.62 million international-$ in 2011 prices | 336.34 million international-$ in 2011 prices | 417.66 million international-$ in 2011 prices | 10 |
| 1980s | 528.06 million international-$ in 2011 prices | 400.19 million international-$ in 2011 prices | 663.30 million international-$ in 2011 prices | 10 |
| 1990s | 947.16 million international-$ in 2011 prices | 668.10 million international-$ in 2011 prices | 1.41 billion international-$ in 2011 prices | 10 |
| 2000s | 2.22 billion international-$ in 2011 prices | 1.54 billion international-$ in 2011 prices | 2.97 billion international-$ in 2011 prices | 10 |
| 2010s | 3.51 billion international-$ in 2011 prices | 3.07 billion international-$ in 2011 prices | 4.19 billion international-$ in 2011 prices | 10 |
| 2020s | 3.75 billion international-$ in 2011 prices | 3.38 billion international-$ in 2011 prices | 4.25 billion international-$ in 2011 prices | 3 |
Countries ranked near Cape Verde
- 152 Burundi 9.18 billion international-$ in 2011 prices compare
- 153 Lesotho 4.76 billion international-$ in 2011 prices compare
- 154 Gambia 4.66 billion international-$ in 2011 prices compare
- 156 Liberia 4.23 billion international-$ in 2011 prices compare
- 157 Central African Republic 3.75 billion international-$ in 2011 prices compare
- 158 Barbados 3.41 billion international-$ in 2011 prices compare
More economy & growth data for Cape Verde
- External balance on goods and services as a percent of GDP -11.4% (2025)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 4,696 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.2% (2025)
- Gross domestic product (GDP) 2.48 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,696 constant 2015 US$ (2025)
- DEC alternative conversion factor 97.86 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 48.85 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 499.14 million current US$ (2025)
- Taxes less subsidies on products 48.82 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Cape Verde?
- Gross domestic product (gdp) in Cape Verde was 4.25 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Cape Verde?
- The highest recorded value was 4.25 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Cape Verde?
- The lowest recorded value was 146.88 million international-$ in 2011 prices in 1950.
- How does Cape Verde rank for gross domestic product (gdp)?
- Cape Verde ranks 155th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Cape Verde?
- Over the last ten years it is up 29.3%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.