Gross capital formation (current LCU) in Cape Verde
Cape Verde: Gross capital formation (current LCU) 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 (current LCU) 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
- Real gdp growth, annual growth rate 51.07 % change on previous year (2024)
- 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)
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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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.