GNI per capita in Cape Verde
Cape Verde: GNI per capita was 2,991 US$ in 2020. ▲ Rising
GNI per capita in Cape Verde, 1990–2020
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in US$.
Analysis
In 2020, gni per capita in Cape Verde stood at 2,991 US$.
That represents a change of down 15.2% on the previous year and down 7.4% over ten years.
Over the whole period, gni per capita in Cape Verde peaked at 3,623 US$ in 2008 and was at its lowest, 914.85 US$, in 1990.
That places Cape Verde 146th out of 207 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
GNI per capita in Cape Verde, year by year
| Year | US$ | Change |
|---|---|---|
| 1990 | 914.85 US$ | — |
| 1991 | 927.2 US$ | +1.4% |
| 1992 | 1,008 US$ | +8.7% |
| 1993 | 1,342 US$ | +33.2% |
| 1994 | 1,079 US$ | -19.6% |
| 1995 | 1,254 US$ | +16.2% |
| 1996 | 1,258 US$ | +0.3% |
| 1997 | 1,205 US$ | -4.2% |
| 1998 | 1,252 US$ | +3.9% |
| 1999 | 1,388 US$ | +10.9% |
| 2000 | 1,227 US$ | -11.6% |
| 2001 | 1,278 US$ | +4.2% |
| 2002 | 1,369 US$ | +7.1% |
| 2003 | 1,777 US$ | +29.8% |
| 2004 | 1,984 US$ | +11.7% |
| 2005 | 2,026 US$ | +2.1% |
| 2006 | 2,266 US$ | +11.8% |
| 2007 | 3,121 US$ | +37.7% |
| 2008 | 3,623 US$ | +16.1% |
| 2009 | 3,428 US$ | -5.4% |
| 2010 | 3,230 US$ | -5.8% |
| 2011 | 3,594 US$ | +11.3% |
| 2012 | 3,300 US$ | -8.2% |
| 2013 | 3,490 US$ | +5.8% |
| 2014 | 3,410 US$ | -2.3% |
| 2015 | 2,930 US$ | -14.1% |
| 2016 | 3,019 US$ | +3.0% |
| 2017 | 3,179 US$ | +5.3% |
| 2018 | 3,530 US$ | +11.1% |
| 2019 | 3,527 US$ | -0.1% |
| 2020 | 2,991 US$ | -15.2% |
Cape Verde compared with similar countries
- Cape Verde's 2,991 US$ is below the median for upper middle income countries, which is 5,313 US$, 56% of the median. (59 countries reporting)
- Cape Verde's 2,991 US$ is above the median for Sub-Saharan Africa, which is 1,029 US$, 2.9× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,163 US$ | 914.85 US$ | 1,388 US$ | 10 |
| 2000s | 2,210 US$ | 1,227 US$ | 3,623 US$ | 10 |
| 2010s | 3,321 US$ | 2,930 US$ | 3,594 US$ | 10 |
| 2020s | 2,991 US$ | 2,991 US$ | 2,991 US$ | 1 |
Countries ranked near Cape Verde
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 gni per capita in Cape Verde?
- Gni per capita in Cape Verde was 2,991 US$ in 2020, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gni per capita recorded in Cape Verde?
- The highest recorded value was 3,623 US$ in 2008.
- What is the lowest gni per capita recorded in Cape Verde?
- The lowest recorded value was 914.85 US$ in 1990.
- How does Cape Verde rank for gni per capita?
- Cape Verde ranks 146th out of 207 countries with data for 2020.
- Is gni per capita rising or falling in Cape Verde?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of GNI per capita (US$). Statizoid updates them automatically from the source API.
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About this data
GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.