Gross domestic product (GDP) in Cape Verde
Cape Verde: Gross domestic product (GDP) was 2.48 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
2.48 billion constant 2015 US$
Change on year
up 6.3%
World rank
180th
of 209 countries
All-time high
2.48 billion constant 2015 US$
in 2025
All-time low
188.08 million constant 2015 US$
in 1980
Years of data
46
1980–2025
Gross domestic product (GDP) in Cape Verde, 1980–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
Cape Verde recorded 2.48 billion constant 2015 US$ for gross domestic product (gdp) 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, gross domestic product (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$, in 1980.
That places Cape Verde 180th out of 209 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Cape Verde, year by year
| Year | constant 2015 US$ | 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 51.02 billion constant 2015 US$, 5% of the median. (58 countries reporting)
- Cape Verde's 2.48 billion constant 2015 US$ 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
- 177 Curacao 2.81 billion constant 2015 US$ compare
- 178 Belize 2.70 billion constant 2015 US$ compare
- 179 Turks and Caicos Islands 2.66 billion constant 2015 US$ compare
- 181 Lesotho 2.41 billion constant 2015 US$ compare
- 182 Eritrea 2.25 billion constant 2015 US$ compare
- 183 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 gross domestic product (gdp) in Cape Verde?
- Gross domestic product (gdp) in Cape Verde was 2.48 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Cape Verde?
- The highest recorded value was 2.48 billion constant 2015 US$ in 2025.
- What is the lowest gross domestic product (gdp) recorded in Cape Verde?
- The lowest recorded value was 188.08 million constant 2015 US$ in 1980.
- How does Cape Verde rank for gross domestic product (gdp)?
- Cape Verde ranks 180th out of 209 countries with data for 2025.
- Is gross domestic product (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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor 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 by inflation but _does not_ account for differences in living costs between countries.