Gross Domestic Product — Value US$ in Cabo Verde

Cabo Verde: Gross Domestic Product — Value US$ was 2,824 million USD in 2024. ◆ Volatile

Latest (2024)
2,824 million USD
Change on year
up 9.0%
World rank
199th
of 236 countries
All-time high
2,824 million USD
in 2024
All-time low
72.94 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Cabo Verde, 1970–2024

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Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2024, gross domestic product — value us$ in Cabo Verde stood at 2,824 million USD. That is the highest value across all 55 years on record.

The figure is up 9.0% on the previous year and up 38.3% over ten years.

Over the whole period, gross domestic product — value us$ in Cabo Verde peaked at 2,824 million USD in 2024 and was at its lowest, 72.94 million USD, in 1970.

That places Cabo Verde 199th out of 236 countries 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$ in Cabo Verde, year by year

Annual values for Gross Domestic Product — Value US$ in Cabo Verde, 1970 to 2024.
Year million USD Change
1970 72.94 million USD —
1971 82.28 million USD +12.8%
1972 93.07 million USD +13.1%
1973 114.86 million USD +23.4%
1974 115.07 million USD +0.2%
1975 133.97 million USD +16.4%
1976 125.01 million USD -6.7%
1977 117.28 million USD -6.2%
1978 134.99 million USD +15.1%
1979 144.73 million USD +7.2%
1980 161.77 million USD +11.8%
1981 158.62 million USD -1.9%
1982 159.96 million USD +0.8%
1983 157.52 million USD -1.5%
1984 150.19 million USD -4.7%
1985 156.69 million USD +4.3%
1986 216.9 million USD +38.4%
1987 268.57 million USD +23.8%
1988 301.78 million USD +12.4%
1989 305.2 million USD +1.1%
1990 350.33 million USD +14.8%
1991 365.19 million USD +4.2%
1992 407.65 million USD +11.6%
1993 411.18 million USD +0.9%
1994 465.19 million USD +13.1%
1995 557.95 million USD +19.9%
1996 574.16 million USD +2.9%
1997 561.07 million USD -2.3%
1998 597.84 million USD +6.6%
1999 684.06 million USD +14.4%
2000 633.41 million USD -7.4%
2001 648.34 million USD +2.4%
2002 723.32 million USD +11.6%
2003 959.79 million USD +32.7%
2004 1,105 million USD +15.1%
2005 1,176 million USD +6.4%
2006 1,356 million USD +15.3%
2007 1,650 million USD +21.6%
2008 1,960 million USD +18.8%
2009 1,852 million USD -5.5%
2010 1,825 million USD -1.5%
2011 2,047 million USD +12.2%
2012 1,913 million USD -6.5%
2013 2,029 million USD +6.1%
2014 2,042 million USD +0.6%
2015 1,750 million USD -14.3%
2016 1,850 million USD +5.7%
2017 1,997 million USD +7.9%
2018 2,205 million USD +10.4%
2019 2,252 million USD +2.1%
2020 1,822 million USD -19.1%
2021 2,052 million USD +12.6%
2022 2,304 million USD +12.3%
2023 2,591 million USD +12.5%
2024 2,824 million USD +9.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 113.42 million USD 72.94 million USD 144.73 million USD 10
1980s 203.72 million USD 150.19 million USD 305.2 million USD 10
1990s 497.46 million USD 350.33 million USD 684.06 million USD 10
2000s 1,206 million USD 633.41 million USD 1,960 million USD 10
2010s 1,991 million USD 1,750 million USD 2,252 million USD 10
2020s 2,319 million USD 1,822 million USD 2,824 million USD 5

Countries ranked near Cabo Verde

  1. 197 Bhutan 3,245 million USD compare
  2. 198 Greenland 3,082 million USD compare
  3. 200 Central African Republic 2,752 million USD compare
  4. 201 Yemen Ar Rp 2,703 million USD compare
  5. 202 Saint Lucia 2,549 million USD compare

See the full ranking of 266 places →

More economy & growth data for Cabo Verde

All data for Cabo Verde →

Frequently asked questions

What is gross domestic product — value us$ in Cabo Verde?
Gross domestic product — value us$ in Cabo Verde was 2,824 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Cabo Verde?
The highest recorded value was 2,824 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Cabo Verde?
The lowest recorded value was 72.94 million USD in 1970.
How does Cabo Verde rank for gross domestic product — value us$?
Cabo Verde ranks 199th out of 236 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Cabo Verde?
Over the last ten years it is up 38.3%. 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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Cabo Verde. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/cabo-verde-2/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
266 places, 13,572 data points, 1970–2024
Last refreshed

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).