Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde

Cape Verde: Gross Domestic Product, GDP in millions constant 2021 international $ was 4.85 % change on previous year in 2027. ◆ Volatile

Latest (2027)
4.85 % change on previous year
Change on year
up 0.3%
World rank
36th
of 189 countries
All-time high
19.18 % change on previous year
in 1994
All-time low
-20.81 % change on previous year
in 2020
Years of data
36
1992–2027

Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde, 1992–2027

-20-10010201992200920271992: 10.9 % change on previous year1993: 8.7 % change on previous year1994: 19.2 % change on previous year1995: 14.2 % change on previous year1996: 11.3 % change on previous year1997: 11.1 % change on previous year1998: 12.5 % change on previous year1999: 11.2 % change on previous year2000: 14.3 % change on previous year2001: 2.2 % change on previous year2002: 5.3 % change on previous year2003: 4.2 % change on previous year2004: 10.2 % change on previous year2005: 6.9 % change on previous year2006: 8 % change on previous year2007: 15.2 % change on previous year2008: 7 % change on previous year2009: -1.5 % change on previous year2010: 1.8 % change on previous year2011: 3.9 % change on previous year2012: 1.1 % change on previous year2013: 0.632 % change on previous year2014: 0.697 % change on previous year2015: 0.936 % change on previous year2016: 4.3 % change on previous year2017: 4.6 % change on previous year2018: 3.7 % change on previous year2019: 6.9 % change on previous year2020: -20.8 % change on previous year2021: 7 % change on previous year2022: 15.8 % change on previous year2023: 4.8 % change on previous year2024: 7.2 % change on previous year2025: 5.2 % change on previous year2026: 4.8 % change on previous year2027: 4.8 % change on previous year

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

Analysis

Cape Verde recorded 4.85 % change on previous year for gross domestic product, gdp in millions constant 2021 international $ in 2027.

Compared with earlier readings it is up 0.3% on the previous year and up 6.6% over ten years.

Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Cape Verde peaked at 19.18 % change on previous year in 1994 and was at its lowest, -20.81 % change on previous year, in 2020.

That places Cape Verde 36th out of 189 countries with data for 2027, putting it in the top quarter.

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

Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde, year by year

Annual values for Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate in Cape Verde, 1992 to 2027.
Year % change on previous year Change
1992 10.94 % change on previous year
1993 8.71 % change on previous year -20.4%
1994 19.18 % change on previous year +120.3%
1995 14.21 % change on previous year -25.9%
1996 11.35 % change on previous year -20.2%
1997 11.12 % change on previous year -2.0%
1998 12.52 % change on previous year +12.6%
1999 11.22 % change on previous year -10.3%
2000 14.28 % change on previous year +27.3%
2001 2.23 % change on previous year -84.4%
2002 5.25 % change on previous year +135.3%
2003 4.18 % change on previous year -20.5%
2004 10.2 % change on previous year +144.2%
2005 6.91 % change on previous year -32.2%
2006 7.98 % change on previous year +15.5%
2007 15.17 % change on previous year +90.0%
2008 7.04 % change on previous year -53.6%
2009 -1.5 % change on previous year -121.4%
2010 1.84 % change on previous year -222.1%
2011 3.92 % change on previous year +113.7%
2012 1.08 % change on previous year -72.4%
2013 0.6321 % change on previous year -41.7%
2014 0.6969 % change on previous year +10.2%
2015 0.9359 % change on previous year +34.3%
2016 4.28 % change on previous year +357.4%
2017 4.55 % change on previous year +6.3%
2018 3.71 % change on previous year -18.6%
2019 6.95 % change on previous year +87.4%
2020 -20.81 % change on previous year -399.4%
2021 7.03 % change on previous year -133.8%
2022 15.84 % change on previous year +125.2%
2023 4.79 % change on previous year -69.7%
2024 7.24 % change on previous year +51.1%
2025 5.19 % change on previous year -28.4%
2026 4.84 % change on previous year -6.8%
2027 4.85 % change on previous year +0.3%

Biggest year-on-year movements

Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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
2020 -399.4% 6.95 % change on previous year -20.81 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.41 % change on previous year 8.71 % change on previous year 19.18 % change on previous year 8
2000s 7.17 % change on previous year -1.5 % change on previous year 15.17 % change on previous year 10
2010s 2.86 % change on previous year 0.6321 % change on previous year 6.95 % change on previous year 10
2020s 3.62 % change on previous year -20.81 % change on previous year 15.84 % change on previous year 8

Countries ranked near Cape Verde

  1. 33 Ghana 4.95 % change on previous year compare
  2. 34 Madagascar 4.91 % change on previous year compare
  3. 35 Dominican Republic 4.91 % change on previous year compare
  4. 37 Tajikistan 4.8 % change on previous year compare
  5. 38 United Arab Emirates 4.74 % change on previous year compare
  6. 39 Sierra Leone 4.73 % change on previous year compare

See the full ranking of 276 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is gross domestic product, gdp in millions constant 2021 international $ in Cape Verde?
Gross domestic product, gdp in millions constant 2021 international $ in Cape Verde was 4.85 % change on previous year in 2027, according to Statizoid (derived).
What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Cape Verde?
The highest recorded value was 19.18 % change on previous year in 1994.
What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Cape Verde?
The lowest recorded value was -20.81 % change on previous year in 2020.
How does Cape Verde rank for gross domestic product, gdp in millions constant 2021 international $?
Cape Verde ranks 36th out of 189 countries with data for 2027.
Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Cape Verde?
Over the last ten years it is up 6.6%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-in-millions-constant-2021-international-at-ppp-ilo-modelled-5/cabo-verde/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-in-millions-constant-2021-international-at-ppp-ilo-modelled-5/cabo-verde/">Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
276 places, 9,912 data points, 1992–2027
Last refreshed

The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.