Gross capital formation in Cape Verde
Cape Verde: Gross capital formation was 52.07 billion current LCU in 2025. ▼ Falling
Gross capital formation in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross capital formation in Cape Verde stood at 52.07 billion current LCU.
That represents a change of up 15.4% on the previous year and up 2.9% over ten years.
Over the whole period, gross capital formation in Cape Verde peaked at 72.88 billion current LCU in 2011 and was at its lowest, 45.12 billion current LCU, in 2024.
Cape Verde ranks 123rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Gross capital formation in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 62.86 billion current LCU | — |
| 2008 | 67.81 billion current LCU | +7.9% |
| 2009 | 61.32 billion current LCU | -9.6% |
| 2010 | 68.32 billion current LCU | +11.4% |
| 2011 | 72.88 billion current LCU | +6.7% |
| 2012 | 58.13 billion current LCU | -20.2% |
| 2013 | 50.54 billion current LCU | -13.1% |
| 2014 | 59.34 billion current LCU | +17.4% |
| 2015 | 50.62 billion current LCU | -14.7% |
| 2016 | 52.66 billion current LCU | +4.0% |
| 2017 | 57.19 billion current LCU | +8.6% |
| 2018 | 56.62 billion current LCU | -1.0% |
| 2019 | 51.98 billion current LCU | -8.2% |
| 2020 | 51.07 billion current LCU | -1.8% |
| 2021 | 53.08 billion current LCU | +3.9% |
| 2022 | 51.55 billion current LCU | -2.9% |
| 2023 | 55.39 billion current LCU | +7.4% |
| 2024 | 45.12 billion current LCU | -18.5% |
| 2025 | 52.07 billion current LCU | +15.4% |
Cape Verde compared with similar countries
- Cape Verde's 52.07 billion current LCU is below the median for upper middle income countries, which is 296.90 billion current LCU, 18% of the median. (52 countries reporting)
- Cape Verde's 52.07 billion current LCU is below the median for Sub-Saharan Africa, which is 1.06 trillion current LCU, 5% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.00 billion current LCU | 61.32 billion current LCU | 67.81 billion current LCU | 3 |
| 2010s | 57.83 billion current LCU | 50.54 billion current LCU | 72.88 billion current LCU | 10 |
| 2020s | 51.38 billion current LCU | 45.12 billion current LCU | 55.39 billion current LCU | 6 |
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 gross capital formation in Cape Verde?
- Gross capital formation in Cape Verde was 52.07 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Cape Verde?
- The highest recorded value was 72.88 billion current LCU in 2011.
- What is the lowest gross capital formation recorded in Cape Verde?
- The lowest recorded value was 45.12 billion current LCU in 2024.
- How does Cape Verde rank for gross capital formation?
- Cape Verde ranks 123rd out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Cape Verde?
- Over the last ten years it is up 2.9%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.