Gross domestic product (GDP), per unit of GDP in Cape Verde
Cape Verde: Gross domestic product (GDP), per unit of GDP was 1.98 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Gross domestic product (GDP), per unit of GDP in Cape Verde, 1980–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Cape Verde is 1.98 international-$ in 2021 prices per US$ of GDP, measured in 2023.
Compared with earlier readings it is down 5.9% on the previous year and up 1.6% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Cape Verde peaked at 5.14 international-$ in 2021 prices per US$ of GDP in 1984 and was at its lowest, 1.81 international-$ in 2021 prices per US$ of GDP, in 2008.
Cape Verde ranks 100th of 180 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Gross domestic product (GDP), per unit of GDP in Cape Verde, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1980 | 4.03 international-$ in 2021 prices per US$ of GDP | — |
| 1981 | 4.41 international-$ in 2021 prices per US$ of GDP | +9.5% |
| 1982 | 4.67 international-$ in 2021 prices per US$ of GDP | +5.9% |
| 1983 | 5.12 international-$ in 2021 prices per US$ of GDP | +9.6% |
| 1984 | 5.14 international-$ in 2021 prices per US$ of GDP | +0.3% |
| 1985 | 5.03 international-$ in 2021 prices per US$ of GDP | -2.0% |
| 1986 | 4.12 international-$ in 2021 prices per US$ of GDP | -18.2% |
| 1987 | 3.49 international-$ in 2021 prices per US$ of GDP | -15.3% |
| 1988 | 3.19 international-$ in 2021 prices per US$ of GDP | -8.7% |
| 1989 | 3.37 international-$ in 2021 prices per US$ of GDP | +5.7% |
| 1990 | 2.87 international-$ in 2021 prices per US$ of GDP | -14.8% |
| 1991 | 2.78 international-$ in 2021 prices per US$ of GDP | -3.1% |
| 1992 | 2.73 international-$ in 2021 prices per US$ of GDP | -2.0% |
| 1993 | 2.11 international-$ in 2021 prices per US$ of GDP | -22.7% |
| 1994 | 2.97 international-$ in 2021 prices per US$ of GDP | +41.1% |
| 1995 | 2.29 international-$ in 2021 prices per US$ of GDP | -22.9% |
| 1996 | 2.69 international-$ in 2021 prices per US$ of GDP | +17.3% |
| 1997 | 2.68 international-$ in 2021 prices per US$ of GDP | -0.3% |
| 1998 | 2.84 international-$ in 2021 prices per US$ of GDP | +5.9% |
| 1999 | 2.92 international-$ in 2021 prices per US$ of GDP | +2.9% |
| 2000 | 3.47 international-$ in 2021 prices per US$ of GDP | +18.5% |
| 2001 | 3.56 international-$ in 2021 prices per US$ of GDP | +2.6% |
| 2002 | 3.4 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2003 | 2.77 international-$ in 2021 prices per US$ of GDP | -18.4% |
| 2004 | 2.67 international-$ in 2021 prices per US$ of GDP | -3.8% |
| 2005 | 2.63 international-$ in 2021 prices per US$ of GDP | -1.3% |
| 2006 | 2.48 international-$ in 2021 prices per US$ of GDP | -5.8% |
| 2007 | 1.93 international-$ in 2021 prices per US$ of GDP | -22.1% |
| 2008 | 1.81 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 2009 | 1.96 international-$ in 2021 prices per US$ of GDP | +8.6% |
| 2010 | 2.16 international-$ in 2021 prices per US$ of GDP | +9.8% |
| 2011 | 2.11 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2012 | 2.18 international-$ in 2021 prices per US$ of GDP | +3.5% |
| 2013 | 1.95 international-$ in 2021 prices per US$ of GDP | -10.5% |
| 2014 | 1.95 international-$ in 2021 prices per US$ of GDP | -0.0% |
| 2015 | 2.39 international-$ in 2021 prices per US$ of GDP | +22.7% |
| 2016 | 2.48 international-$ in 2021 prices per US$ of GDP | +3.6% |
| 2017 | 2.45 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2018 | 2.06 international-$ in 2021 prices per US$ of GDP | -15.6% |
| 2019 | 2.21 international-$ in 2021 prices per US$ of GDP | +7.0% |
| 2020 | 2.15 international-$ in 2021 prices per US$ of GDP | -2.7% |
| 2021 | 2.06 international-$ in 2021 prices per US$ of GDP | -4.0% |
| 2022 | 2.11 international-$ in 2021 prices per US$ of GDP | +2.2% |
| 2023 | 1.98 international-$ in 2021 prices per US$ of GDP | -5.9% |
Cape Verde compared with similar countries
- Cape Verde's 1.98 international-$ in 2021 prices per US$ of GDP is below the median for upper middle income countries, which is 2.35 international-$ in 2021 prices per US$ of GDP, 84% of the median. (51 countries reporting)
- Cape Verde's 1.98 international-$ in 2021 prices per US$ of GDP is below the median for Sub-Saharan Africa, which is 2.51 international-$ in 2021 prices per US$ of GDP, 79% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.26 international-$ in 2021 prices per US$ of GDP | 3.19 international-$ in 2021 prices per US$ of GDP | 5.14 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 2.69 international-$ in 2021 prices per US$ of GDP | 2.11 international-$ in 2021 prices per US$ of GDP | 2.97 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 2.67 international-$ in 2021 prices per US$ of GDP | 1.81 international-$ in 2021 prices per US$ of GDP | 3.56 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 2.19 international-$ in 2021 prices per US$ of GDP | 1.95 international-$ in 2021 prices per US$ of GDP | 2.48 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 2.08 international-$ in 2021 prices per US$ of GDP | 1.98 international-$ in 2021 prices per US$ of GDP | 2.15 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Cape Verde
- 97 Venezuela 2.03 international-$ in 2021 prices per US$ of GDP compare
- 98 Honduras 2 international-$ in 2021 prices per US$ of GDP compare
- 99 Palestine 1.99 international-$ in 2021 prices per US$ of GDP compare
- 101 Panama 1.96 international-$ in 2021 prices per US$ of GDP compare
- 102 Argentina 1.91 international-$ in 2021 prices per US$ of GDP compare
- 103 Albania 1.91 international-$ in 2021 prices per US$ of GDP 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), per unit of gdp in Cape Verde?
- Gross domestic product (gdp), per unit of gdp in Cape Verde was 1.98 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Cape Verde?
- The highest recorded value was 5.14 international-$ in 2021 prices per US$ of GDP in 1984.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Cape Verde?
- The lowest recorded value was 1.81 international-$ in 2021 prices per US$ of GDP in 2008.
- How does Cape Verde rank for gross domestic product (gdp), per unit of gdp?
- Cape Verde ranks 100th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Cape Verde?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.