Gross Domestic Product — Value Standard Local Currency in Cabo Verde
Cabo Verde: Gross Domestic Product — Value Standard Local Currency was 287,875 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Cabo Verde, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency in Cabo Verde stood at 287,875 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.1% on the previous year and up 69.8% over ten years.
Over the whole period, gross domestic product — value standard local currency in Cabo Verde peaked at 287,875 million SLC in 2024 and was at its lowest, 2,097 million SLC, in 1970.
That places Cabo Verde 128th out of 218 countries with data for 2024, putting it 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 — Value Standard Local Currency in Cabo Verde, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,097 million SLC | — |
| 1971 | 2,334 million SLC | +11.3% |
| 1972 | 2,518 million SLC | +7.9% |
| 1973 | 2,816 million SLC | +11.8% |
| 1974 | 2,924 million SLC | +3.8% |
| 1975 | 3,422 million SLC | +17.0% |
| 1976 | 3,779 million SLC | +10.4% |
| 1977 | 3,993 million SLC | +5.7% |
| 1978 | 4,792 million SLC | +20.0% |
| 1979 | 5,418 million SLC | +13.1% |
| 1980 | 6,499 million SLC | +20.0% |
| 1981 | 7,724 million SLC | +18.8% |
| 1982 | 9,325 million SLC | +20.7% |
| 1983 | 11,292 million SLC | +21.1% |
| 1984 | 12,748 million SLC | +12.9% |
| 1985 | 14,358 million SLC | +12.6% |
| 1986 | 17,384 million SLC | +21.1% |
| 1987 | 19,462 million SLC | +12.0% |
| 1988 | 21,748 million SLC | +11.7% |
| 1989 | 23,799 million SLC | +9.4% |
| 1990 | 24,534 million SLC | +3.1% |
| 1991 | 26,078 million SLC | +6.3% |
| 1992 | 27,728 million SLC | +6.3% |
| 1993 | 33,069 million SLC | +19.3% |
| 1994 | 38,095 million SLC | +15.2% |
| 1995 | 42,881 million SLC | +12.6% |
| 1996 | 47,421 million SLC | +10.6% |
| 1997 | 52,278 million SLC | +10.2% |
| 1998 | 58,682 million SLC | +12.2% |
| 1999 | 70,253 million SLC | +19.7% |
| 2000 | 73,398 million SLC | +4.5% |
| 2001 | 79,884 million SLC | +8.8% |
| 2002 | 84,814 million SLC | +6.2% |
| 2003 | 93,856 million SLC | +10.7% |
| 2004 | 98,080 million SLC | +4.5% |
| 2005 | 104,257 million SLC | +6.3% |
| 2006 | 119,267 million SLC | +14.4% |
| 2007 | 132,984 million SLC | +11.5% |
| 2008 | 147,630 million SLC | +11.0% |
| 2009 | 148,252 million SLC | +0.4% |
| 2010 | 151,963 million SLC | +2.5% |
| 2011 | 162,265 million SLC | +6.8% |
| 2012 | 165,135 million SLC | +1.8% |
| 2013 | 168,547 million SLC | +2.1% |
| 2014 | 169,551 million SLC | +0.6% |
| 2015 | 173,911 million SLC | +2.6% |
| 2016 | 184,402 million SLC | +6.0% |
| 2017 | 195,295 million SLC | +5.9% |
| 2018 | 205,986 million SLC | +5.5% |
| 2019 | 221,829 million SLC | +7.7% |
| 2020 | 176,320 million SLC | -20.5% |
| 2021 | 191,269 million SLC | +8.5% |
| 2022 | 241,577 million SLC | +26.3% |
| 2023 | 263,814 million SLC | +9.2% |
| 2024 | 287,875 million SLC | +9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,409 million SLC | 2,097 million SLC | 5,418 million SLC | 10 |
| 1980s | 14,434 million SLC | 6,499 million SLC | 23,799 million SLC | 10 |
| 1990s | 42,102 million SLC | 24,534 million SLC | 70,253 million SLC | 10 |
| 2000s | 108,242 million SLC | 73,398 million SLC | 148,252 million SLC | 10 |
| 2010s | 179,888 million SLC | 151,963 million SLC | 221,829 million SLC | 10 |
| 2020s | 232,171 million SLC | 176,320 million SLC | 287,875 million SLC | 5 |
Countries ranked near Cabo Verde
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in Cabo Verde?
- Gross domestic product — value standard local currency in Cabo Verde was 287,875 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Cabo Verde?
- The highest recorded value was 287,875 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Cabo Verde?
- The lowest recorded value was 2,097 million SLC in 1970.
- How does Cabo Verde rank for gross domestic product — value standard local currency?
- Cabo Verde ranks 128th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Cabo Verde?
- Over the last ten years it is up 69.8%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).