Gross domestic product (GDP), Constant prices, Purchasing power in Cape Verde
Cape Verde: Gross domestic product (GDP), Constant prices, Purchasing power was 4.09 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Cape Verde, 1960–2019
Source: International Monetary Fund.
Analysis
Cape Verde recorded 4.09 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 31.0% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Cape Verde peaked at 4.09 in 2019 and was at its lowest, 0.2662, in 1963.
Cape Verde ranks 169th of 193 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 0.3036 | — |
| 1961 | 0.3304 | +8.8% |
| 1962 | 0.295 | -10.7% |
| 1963 | 0.2662 | -9.8% |
| 1964 | 0.2899 | +8.9% |
| 1965 | 0.3002 | +3.5% |
| 1966 | 0.3642 | +21.3% |
| 1967 | 0.4196 | +15.2% |
| 1968 | 0.46 | +9.6% |
| 1969 | 0.4963 | +7.9% |
| 1970 | 0.5514 | +11.1% |
| 1971 | 0.581 | +5.4% |
| 1972 | 0.5944 | +2.3% |
| 1973 | 0.604 | +1.6% |
| 1974 | 0.6183 | +2.4% |
| 1975 | 0.5137 | -16.9% |
| 1976 | 0.5244 | +2.1% |
| 1977 | 0.4983 | -5.0% |
| 1978 | 0.5465 | +9.7% |
| 1979 | 0.5639 | +3.2% |
| 1980 | 0.5936 | +5.3% |
| 1981 | 0.6438 | +8.4% |
| 1982 | 0.662 | +2.8% |
| 1983 | 0.725 | +9.5% |
| 1984 | 0.7524 | +3.8% |
| 1985 | 0.8175 | +8.6% |
| 1986 | 0.8409 | +2.9% |
| 1987 | 0.8772 | +4.3% |
| 1988 | 0.9298 | +6.0% |
| 1989 | 0.9827 | +5.7% |
| 1990 | 0.9895 | +0.7% |
| 1991 | 1 | +1.4% |
| 1992 | 1.03 | +3.0% |
| 1993 | 1.11 | +7.3% |
| 1994 | 1.19 | +6.9% |
| 1995 | 1.28 | +7.5% |
| 1996 | 1.36 | +6.7% |
| 1997 | 1.46 | +7.6% |
| 1998 | 1.59 | +8.4% |
| 1999 | 1.78 | +11.9% |
| 2000 | 1.91 | +7.3% |
| 2001 | 2.02 | +6.1% |
| 2002 | 2.13 | +5.3% |
| 2003 | 2.23 | +4.7% |
| 2004 | 2.32 | +4.3% |
| 2005 | 2.48 | +6.5% |
| 2006 | 2.73 | +10.1% |
| 2007 | 2.96 | +8.6% |
| 2008 | 3.16 | +6.7% |
| 2009 | 3.12 | -1.3% |
| 2010 | 3.17 | +1.5% |
| 2011 | 3.29 | +4.0% |
| 2012 | 3.33 | +1.1% |
| 2013 | 3.35 | +0.8% |
| 2014 | 3.37 | +0.6% |
| 2015 | 3.41 | +1.0% |
| 2016 | 3.57 | +4.7% |
| 2017 | 3.7 | +3.7% |
| 2018 | 3.87 | +4.5% |
| 2019 | 4.09 | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3525 | 0.2662 | 0.4963 | 10 |
| 1970s | 0.5596 | 0.4983 | 0.6183 | 10 |
| 1980s | 0.7825 | 0.5936 | 0.9827 | 10 |
| 1990s | 1.28 | 0.9895 | 1.78 | 10 |
| 2000s | 2.51 | 1.91 | 3.16 | 10 |
| 2010s | 3.51 | 3.17 | 4.09 | 10 |
Countries ranked near Cape Verde
- 166 Somalia 4.63 compare
- 167 Timor-Leste 4.59 compare
- 168 Central African Republic 4.56 compare
- 170 Guinea-Bissau 3.77 compare
- 171 Barbados 3.36 compare
- 172 Aruba 3.07 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), constant prices, purchasing power in Cape Verde?
- Gross domestic product (gdp), constant prices, purchasing power in Cape Verde was 4.09 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Cape Verde?
- The highest recorded value was 4.09 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Cape Verde?
- The lowest recorded value was 0.2662 in 1963.
- How does Cape Verde rank for gross domestic product (gdp), constant prices, purchasing power?
- Cape Verde ranks 169th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Cape Verde?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.