Gross domestic product (GDP) in Cape Verde
Cape Verde: Gross domestic product (GDP) was 5.48 billion international-$ in 2021 prices in 2025. ▲ Rising
Latest (2025)
5.48 billion international-$ in 2021 prices
Change on year
up 6.3%
World rank
170th
of 198 countries
All-time high
5.48 billion international-$ in 2021 prices
in 2025
All-time low
694.08 million international-$ in 2021 prices
in 1990
Years of data
36
1990–2025
Gross domestic product (GDP) in Cape Verde, 1990–2025
Source: Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Cape Verde is 5.48 billion international-$ in 2021 prices, measured in 2025. That is the highest value across all 36 years on record.
Compared with earlier readings it 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 5.48 billion international-$ in 2021 prices in 2025 and was at its lowest, 694.08 million international-$ in 2021 prices, in 1990.
That places Cape Verde 170th out of 198 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 36 years of available data.
Gross domestic product (GDP) in Cape Verde, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1990 | 694.08 million international-$ in 2021 prices | — |
| 1991 | 703.82 million international-$ in 2021 prices | +1.4% |
| 1992 | 780.80 million international-$ in 2021 prices | +10.9% |
| 1993 | 848.80 million international-$ in 2021 prices | +8.7% |
| 1994 | 1.01 billion international-$ in 2021 prices | +19.2% |
| 1995 | 1.16 billion international-$ in 2021 prices | +14.2% |
| 1996 | 1.29 billion international-$ in 2021 prices | +11.3% |
| 1997 | 1.43 billion international-$ in 2021 prices | +11.1% |
| 1998 | 1.61 billion international-$ in 2021 prices | +12.5% |
| 1999 | 1.79 billion international-$ in 2021 prices | +11.2% |
| 2000 | 2.04 billion international-$ in 2021 prices | +14.3% |
| 2001 | 2.09 billion international-$ in 2021 prices | +2.2% |
| 2002 | 2.20 billion international-$ in 2021 prices | +5.3% |
| 2003 | 2.29 billion international-$ in 2021 prices | +4.2% |
| 2004 | 2.53 billion international-$ in 2021 prices | +10.2% |
| 2005 | 2.70 billion international-$ in 2021 prices | +6.9% |
| 2006 | 2.92 billion international-$ in 2021 prices | +8.0% |
| 2007 | 3.36 billion international-$ in 2021 prices | +15.2% |
| 2008 | 3.59 billion international-$ in 2021 prices | +7.0% |
| 2009 | 3.54 billion international-$ in 2021 prices | -1.5% |
| 2010 | 3.61 billion international-$ in 2021 prices | +1.8% |
| 2011 | 3.75 billion international-$ in 2021 prices | +3.9% |
| 2012 | 3.79 billion international-$ in 2021 prices | +1.1% |
| 2013 | 3.81 billion international-$ in 2021 prices | +0.6% |
| 2014 | 3.84 billion international-$ in 2021 prices | +0.7% |
| 2015 | 3.87 billion international-$ in 2021 prices | +0.9% |
| 2016 | 4.04 billion international-$ in 2021 prices | +4.3% |
| 2017 | 4.22 billion international-$ in 2021 prices | +4.6% |
| 2018 | 4.38 billion international-$ in 2021 prices | +3.7% |
| 2019 | 4.68 billion international-$ in 2021 prices | +6.9% |
| 2020 | 3.71 billion international-$ in 2021 prices | -20.8% |
| 2021 | 3.97 billion international-$ in 2021 prices | +7.0% |
| 2022 | 4.60 billion international-$ in 2021 prices | +15.8% |
| 2023 | 4.82 billion international-$ in 2021 prices | +4.8% |
| 2024 | 5.16 billion international-$ in 2021 prices | +7.0% |
| 2025 | 5.48 billion international-$ in 2021 prices | +6.3% |
Cape Verde compared with similar countries
- Cape Verde's 5.48 billion international-$ in 2021 prices is below the median for upper middle income countries, which is 105.30 billion international-$ in 2021 prices, 5% of the median. (57 countries reporting)
- Cape Verde's 5.48 billion international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 51.77 billion international-$ in 2021 prices, 11% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.13 billion international-$ in 2021 prices | 694.08 million international-$ in 2021 prices | 1.79 billion international-$ in 2021 prices | 10 |
| 2000s | 2.73 billion international-$ in 2021 prices | 2.04 billion international-$ in 2021 prices | 3.59 billion international-$ in 2021 prices | 10 |
| 2010s | 4.00 billion international-$ in 2021 prices | 3.61 billion international-$ in 2021 prices | 4.68 billion international-$ in 2021 prices | 10 |
| 2020s | 4.62 billion international-$ in 2021 prices | 3.71 billion international-$ in 2021 prices | 5.48 billion international-$ in 2021 prices | 6 |
Countries ranked near Cape Verde
- 167 Cayman Islands 6.03 billion international-$ in 2021 prices compare
- 168 East Timor 5.83 billion international-$ in 2021 prices compare
- 169 Andorra 5.64 billion international-$ in 2021 prices compare
- 171 Belize 5.41 billion international-$ in 2021 prices compare
- 172 Aruba 4.91 billion international-$ in 2021 prices compare
- 173 United States Virgin Islands 4.90 billion international-$ in 2021 prices 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 5.48 billion international-$ in 2021 prices in 2025, according to Eurostat, OECD, IMF, and World Bank (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 5.48 billion international-$ in 2021 prices in 2025.
- What is the lowest gross domestic product (gdp) recorded in Cape Verde?
- The lowest recorded value was 694.08 million international-$ in 2021 prices in 1990.
- How does Cape Verde rank for gross domestic product (gdp)?
- Cape Verde ranks 170th out of 198 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 rising.
- Where does this Cape Verde data come from?
- The figures come from Eurostat, OECD, IMF, and World Bank (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 for inflation and differences in living costs between countries.