Gross domestic product (GDP), Current prices, Domestic currency in Cape Verde

Cape Verde: Gross domestic product (GDP), Current prices, Domestic currency was 6.26 % change on previous year in 2019. ◆ Volatile

Latest (2019)
6.26 % change on previous year
Change on year
up 2.3%
World rank
84th
of 194 countries
All-time high
21.67 % change on previous year
in 1966
All-time low
-15.12 % change on previous year
in 1963
Years of data
59
1961–2019

Gross domestic product (GDP), Current prices, Domestic currency in Cape Verde, 1961–2019

-20-1001020196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2019, gross domestic product (gdp), current prices, domestic currency in Cape Verde stood at 6.26 % change on previous year.

Compared with earlier readings it is up 2.3% on the previous year and up 614.3% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Cape Verde peaked at 21.67 % change on previous year in 1966 and was at its lowest, -15.12 % change on previous year, in 1963.

Cape Verde ranks 84th of 194 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Current prices, Domestic currency in Cape Verde, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Cape Verde, 1961 to 2019.
Year % change on previous year Change
1961 20.92 % change on previous year —
1962 -4.3 % change on previous year -120.5%
1963 -15.12 % change on previous year +252.0%
1964 9.03 % change on previous year -159.7%
1965 5.78 % change on previous year -36.0%
1966 21.67 % change on previous year +274.6%
1967 18.82 % change on previous year -13.2%
1968 9.84 % change on previous year -47.7%
1969 11.07 % change on previous year +12.5%
1970 16.53 % change on previous year +49.3%
1971 11.28 % change on previous year -31.7%
1972 7.89 % change on previous year -30.0%
1973 11.83 % change on previous year +49.9%
1974 3.84 % change on previous year -67.6%
1975 17.04 % change on previous year +344.0%
1976 10.44 % change on previous year -38.7%
1977 5.66 % change on previous year -45.8%
1978 20.02 % change on previous year +253.9%
1979 13.05 % change on previous year -34.8%
1980 19.96 % change on previous year +52.9%
1981 18.85 % change on previous year -5.6%
1982 20.72 % change on previous year +9.9%
1983 21.1 % change on previous year +1.8%
1984 12.89 % change on previous year -38.9%
1985 12.63 % change on previous year -2.0%
1986 21.08 % change on previous year +66.9%
1987 11.95 % change on previous year -43.3%
1988 11.75 % change on previous year -1.7%
1989 9.43 % change on previous year -19.7%
1990 3.09 % change on previous year -67.2%
1991 6.29 % change on previous year +103.6%
1992 6.33 % change on previous year +0.6%
1993 19.26 % change on previous year +204.4%
1994 15.2 % change on previous year -21.1%
1995 12.56 % change on previous year -17.3%
1996 10.59 % change on previous year -15.7%
1997 10.24 % change on previous year -3.3%
1998 12.25 % change on previous year +19.6%
1999 19.72 % change on previous year +61.0%
2000 4.48 % change on previous year -77.3%
2001 7.5 % change on previous year +67.6%
2002 4.87 % change on previous year -35.1%
2003 9.3 % change on previous year +91.1%
2004 3.22 % change on previous year -65.4%
2005 4.99 % change on previous year +55.1%
2006 12.99 % change on previous year +160.2%
2007 10.13 % change on previous year -22.0%
2008 10.43 % change on previous year +3.0%
2009 0.8768 % change on previous year -91.6%
2010 1.98 % change on previous year +125.8%
2011 6.75 % change on previous year +241.0%
2012 1.64 % change on previous year -75.7%
2013 2.24 % change on previous year +36.7%
2014 0.4638 % change on previous year -79.3%
2015 2.76 % change on previous year +495.1%
2016 4.46 % change on previous year +61.7%
2017 4.41 % change on previous year -1.1%
2018 6.12 % change on previous year +38.8%
2019 6.26 % change on previous year +2.3%

Cape Verde compared with similar countries

  • Cape Verde's 6.26 % change on previous year is above the median for upper middle income countries, which is 5.34 % change on previous year, 1.2× the median. (57 countries reporting)
  • Cape Verde's 6.26 % change on previous year is below the median for Sub-Saharan Africa, which is 6.4 % change on previous year, 98% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2015 +495.1% 0.4638 % change on previous year 2.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.64 % change on previous year -15.12 % change on previous year 21.67 % change on previous year 9
1970s 11.76 % change on previous year 3.84 % change on previous year 20.02 % change on previous year 10
1980s 16.04 % change on previous year 9.43 % change on previous year 21.1 % change on previous year 10
1990s 11.55 % change on previous year 3.09 % change on previous year 19.72 % change on previous year 10
2000s 6.88 % change on previous year 0.8768 % change on previous year 12.99 % change on previous year 10
2010s 3.71 % change on previous year 0.4638 % change on previous year 6.75 % change on previous year 10

Countries ranked near Cape Verde

  1. 81 Maldives 6.38 % change on previous year compare
  2. 82 Niger 6.36 % change on previous year compare
  3. 83 Eswatini 6.28 % change on previous year compare
  4. 85 Czechia 6.21 % change on previous year compare
  5. 86 Montenegro 6.17 % change on previous year compare
  6. 87 North Macedonia 6 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Cape Verde?
Gross domestic product (gdp), current prices, domestic currency in Cape Verde was 6.26 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Cape Verde?
The highest recorded value was 21.67 % change on previous year in 1966.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Cape Verde?
The lowest recorded value was -15.12 % change on previous year in 1963.
How does Cape Verde rank for gross domestic product (gdp), current prices, domestic currency?
Cape Verde ranks 84th out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Cape Verde?
Over the last ten years it is up 614.3%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/cabo-verde/

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How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.