Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde
Cape Verde: Gross Domestic Product, GDP in millions constant 2021 international $ was 5,977 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde, 1991–2027
Source: International Labour Organization.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Cape Verde stood at 5,977. That is the highest value across all 37 years on record.
That represents a change of up 4.8% on the previous year and up 41.5% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Cape Verde peaked at 5,977 in 2027 and was at its lowest, 703.82, in 1991.
That places Cape Verde 177th out of 188 countries with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 703.82 | — |
| 1992 | 780.8 | +10.9% |
| 1993 | 848.8 | +8.7% |
| 1994 | 1,012 | +19.2% |
| 1995 | 1,155 | +14.2% |
| 1996 | 1,286 | +11.3% |
| 1997 | 1,430 | +11.1% |
| 1998 | 1,608 | +12.5% |
| 1999 | 1,789 | +11.2% |
| 2000 | 2,045 | +14.3% |
| 2001 | 2,090 | +2.2% |
| 2002 | 2,200 | +5.3% |
| 2003 | 2,292 | +4.2% |
| 2004 | 2,525 | +10.2% |
| 2005 | 2,700 | +6.9% |
| 2006 | 2,916 | +8.0% |
| 2007 | 3,358 | +15.2% |
| 2008 | 3,594 | +7.0% |
| 2009 | 3,540 | -1.5% |
| 2010 | 3,605 | +1.8% |
| 2011 | 3,747 | +3.9% |
| 2012 | 3,787 | +1.1% |
| 2013 | 3,811 | +0.6% |
| 2014 | 3,838 | +0.7% |
| 2015 | 3,874 | +0.9% |
| 2016 | 4,040 | +4.3% |
| 2017 | 4,223 | +4.6% |
| 2018 | 4,380 | +3.7% |
| 2019 | 4,684 | +6.9% |
| 2020 | 3,710 | -20.8% |
| 2021 | 3,971 | +7.0% |
| 2022 | 4,600 | +15.8% |
| 2023 | 4,820 | +4.8% |
| 2024 | 5,170 | +7.2% |
| 2025 | 5,438 | +5.2% |
| 2026 | 5,701 | +4.8% |
| 2027 | 5,977 | +4.8% |
Cape Verde compared with similar countries
- Cape Verde's 5,977 is below the median for upper middle income countries, which is 133,081, 4% of the median. (53 countries reporting)
- Cape Verde's 5,977 is below the median for Sub-Saharan Africa, which is 55,772, 11% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,179 | 703.82 | 1,789 | 9 |
| 2000s | 2,726 | 2,045 | 3,594 | 10 |
| 2010s | 3,999 | 3,605 | 4,684 | 10 |
| 2020s | 4,923 | 3,710 | 5,977 | 8 |
Countries ranked near Cape Verde
- 174 Lesotho 6,508 compare
- 175 Central African Republic 6,454 compare
- 176 Barbados 6,037 compare
- 178 Belize 5,609 compare
- 179 Saint Lucia 4,764 compare
- 180 Western Sahara 4,531 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 in millions constant 2021 international $ in Cape Verde?
- Gross domestic product, gdp in millions constant 2021 international $ in Cape Verde was 5,977 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Cape Verde?
- The highest recorded value was 5,977 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Cape Verde?
- The lowest recorded value was 703.82 in 1991.
- How does Cape Verde rank for gross domestic product, gdp in millions constant 2021 international $?
- Cape Verde ranks 177th out of 188 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 41.5%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.