Annual growth of GDP per capita in Cape Verde
Cape Verde: Annual growth of GDP per capita was 5.8% in 2025. ◆ Volatile
Annual growth of GDP per capita in Cape Verde, 1981–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
In 2025, annual growth of gdp per capita in Cape Verde stood at 5.8%.
Compared with earlier readings it is down 10.3% on the previous year and up 529.0% over ten years.
Over the whole period, annual growth of gdp per capita in Cape Verde peaked at 16.8% in 1994 and was at its lowest, -20.9%, in 2020.
That places Cape Verde 20th out of 212 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of GDP per capita in Cape Verde, year by year
| Year | annual % | Change |
|---|---|---|
| 1981 | 6.9% | — |
| 1982 | 1.3% | -81.0% |
| 1983 | 7.9% | +501.3% |
| 1984 | 2.3% | -70.8% |
| 1985 | 7.1% | +207.9% |
| 1986 | 1.4% | -80.0% |
| 1987 | 2.9% | +99.9% |
| 1988 | 4.5% | +58.7% |
| 1989 | 4.1% | -8.9% |
| 1990 | -1.4% | -132.8% |
| 1991 | -1.0% | -25.3% |
| 1992 | 8.4% | -936.0% |
| 1993 | 6.4% | -24.3% |
| 1994 | 16.8% | +162.4% |
| 1995 | 12.1% | -28.1% |
| 1996 | 9.4% | -22.1% |
| 1997 | 9.3% | -1.3% |
| 1998 | 10.7% | +15.8% |
| 1999 | 9.5% | -11.0% |
| 2000 | 12.6% | +31.7% |
| 2001 | 0.7% | -94.6% |
| 2002 | 3.7% | +446.6% |
| 2003 | 2.8% | -25.4% |
| 2004 | 8.8% | +217.1% |
| 2005 | 5.6% | -36.0% |
| 2006 | 6.7% | +19.5% |
| 2007 | 13.9% | +106.0% |
| 2008 | 5.9% | -57.3% |
| 2009 | -2.4% | -141.0% |
| 2010 | 1.1% | -145.5% |
| 2011 | 3.6% | +223.5% |
| 2012 | 1.0% | -72.6% |
| 2013 | 0.6% | -41.1% |
| 2014 | 0.7% | +16.9% |
| 2015 | 0.9% | +36.3% |
| 2016 | 4.2% | +360.4% |
| 2017 | 4.5% | +5.5% |
| 2018 | 3.6% | -19.6% |
| 2019 | 6.8% | +88.9% |
| 2020 | -20.9% | -407.1% |
| 2021 | 6.6% | -131.7% |
| 2022 | 15.2% | +128.7% |
| 2023 | 4.3% | -71.8% |
| 2024 | 6.5% | +51.3% |
| 2025 | 5.8% | -10.3% |
Cape Verde compared with similar countries
- Cape Verde's 5.8% is above the median for upper middle income countries, which is 3.1%, 1.8× the median. (58 countries reporting)
- Cape Verde's 5.8% is above the median for Sub-Saharan Africa, which is 2.5%, 2.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual growth of GDP per capita in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +936.0% | -1.0% | 8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.3% | 1.3% | 7.9% | 9 |
| 1990s | 8.0% | -1.4% | 16.8% | 10 |
| 2000s | 5.8% | -2.4% | 13.9% | 10 |
| 2010s | 2.7% | 0.6% | 6.8% | 10 |
| 2020s | 2.9% | -20.9% | 15.2% | 6 |
Countries ranked near Cape Verde
- 17 Zimbabwe 6.1% compare
- 18 Maldives 5.9% compare
- 19 Marshall Islands 5.9% compare
- 21 Sri Lanka 5.7% compare
- 22 Uzbekistan 5.7% compare
- 23 East Timor 5.6% compare
More economy & growth data for Cape Verde
- 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)
- IMF holdings of currency, SDR, annual growth rate -0.4522 % change on previous year (2025)
Frequently asked questions
- What is annual growth of gdp per capita in Cape Verde?
- Annual growth of gdp per capita in Cape Verde was 5.8% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Cape Verde?
- The highest recorded value was 16.8% in 1994.
- What is the lowest annual growth of gdp per capita recorded in Cape Verde?
- The lowest recorded value was -20.9% in 2020.
- How does Cape Verde rank for annual growth of gdp per capita?
- Cape Verde ranks 20th out of 212 countries with data for 2025.
- Is annual growth of gdp per capita rising or falling in Cape Verde?
- Over the last ten years it is up 529.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This data is adjusted for inflation.