Gross Domestic Product — Value US$, 2015 prices in Cabo Verde
Cabo Verde: Gross Domestic Product — Value US$, 2015 prices was 2,376 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Cabo Verde, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Cabo Verde recorded 2,376 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
The figure is up 7.3% on the previous year and up 37.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Cabo Verde peaked at 2,376 million USD in 2024 and was at its lowest, 234 million USD, in 1977.
That places Cabo Verde 29th out of 29 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Cabo Verde, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 258.95 million USD | — |
| 1971 | 272.84 million USD | +5.4% |
| 1972 | 279.15 million USD | +2.3% |
| 1973 | 283.63 million USD | +1.6% |
| 1974 | 290.33 million USD | +2.4% |
| 1975 | 241.24 million USD | -16.9% |
| 1976 | 246.26 million USD | +2.1% |
| 1977 | 234 million USD | -5.0% |
| 1978 | 256.62 million USD | +9.7% |
| 1979 | 264.83 million USD | +3.2% |
| 1980 | 278.76 million USD | +5.3% |
| 1981 | 302.32 million USD | +8.5% |
| 1982 | 310.86 million USD | +2.8% |
| 1983 | 340.46 million USD | +9.5% |
| 1984 | 353.34 million USD | +3.8% |
| 1985 | 383.87 million USD | +8.6% |
| 1986 | 394.9 million USD | +2.9% |
| 1987 | 411.91 million USD | +4.3% |
| 1988 | 436.61 million USD | +6.0% |
| 1989 | 461.5 million USD | +5.7% |
| 1990 | 464.67 million USD | +0.7% |
| 1991 | 471.21 million USD | +1.4% |
| 1992 | 485.55 million USD | +3.0% |
| 1993 | 521.06 million USD | +7.3% |
| 1994 | 557.16 million USD | +6.9% |
| 1995 | 598.89 million USD | +7.5% |
| 1996 | 639 million USD | +6.7% |
| 1997 | 687.8 million USD | +7.6% |
| 1998 | 745.67 million USD | +8.4% |
| 1999 | 834.12 million USD | +11.9% |
| 2000 | 894.73 million USD | +7.3% |
| 2001 | 961.44 million USD | +7.5% |
| 2002 | 1,025 million USD | +6.6% |
| 2003 | 1,086 million USD | +6.0% |
| 2004 | 1,147 million USD | +5.6% |
| 2005 | 1,237 million USD | +7.8% |
| 2006 | 1,379 million USD | +11.5% |
| 2007 | 1,517 million USD | +10.0% |
| 2008 | 1,624 million USD | +7.0% |
| 2009 | 1,599 million USD | -1.5% |
| 2010 | 1,629 million USD | +1.8% |
| 2011 | 1,692 million USD | +3.9% |
| 2012 | 1,711 million USD | +1.1% |
| 2013 | 1,722 million USD | +0.6% |
| 2014 | 1,734 million USD | +0.7% |
| 2015 | 1,750 million USD | +0.9% |
| 2016 | 1,825 million USD | +4.3% |
| 2017 | 1,908 million USD | +4.6% |
| 2018 | 1,979 million USD | +3.7% |
| 2019 | 2,116 million USD | +6.9% |
| 2020 | 1,676 million USD | -20.8% |
| 2021 | 1,794 million USD | +7.0% |
| 2022 | 2,106 million USD | +17.4% |
| 2023 | 2,215 million USD | +5.1% |
| 2024 | 2,376 million USD | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 262.79 million USD | 234 million USD | 290.33 million USD | 10 |
| 1980s | 367.45 million USD | 278.76 million USD | 461.5 million USD | 10 |
| 1990s | 600.51 million USD | 464.67 million USD | 834.12 million USD | 10 |
| 2000s | 1,247 million USD | 894.73 million USD | 1,624 million USD | 10 |
| 2010s | 1,806 million USD | 1,629 million USD | 2,116 million USD | 10 |
| 2020s | 2,033 million USD | 1,676 million USD | 2,376 million USD | 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 US$ 2.61 % (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 — Value Standard Local Currency, 2015 29,020 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 291.99 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 12.29 % (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Cabo Verde?
- Gross domestic product — value us$, 2015 prices in Cabo Verde was 2,376 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Cabo Verde?
- The highest recorded value was 2,376 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Cabo Verde?
- The lowest recorded value was 234 million USD in 1977.
- How does Cabo Verde rank for gross domestic product — value us$, 2015 prices?
- Cabo Verde ranks 29th out of 29 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Cabo Verde?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. 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).