Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cabo Verde
Cabo Verde: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 2.73 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cabo Verde, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value standard local currency, annual in Cabo Verde stood at 2.73 % change on previous year.
That represents a change of up 169.8% on the previous year and down 63.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Cabo Verde peaked at 47.75 % change on previous year in 1981 and was at its lowest, -19.57 % change on previous year, in 2012.
That places Cabo Verde 178th out of 230 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 Fixed Capital Formation — Value Standard Local Currency, annual in Cabo Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.2 % change on previous year | — |
| 1972 | 8.24 % change on previous year | -26.4% |
| 1973 | 12.3 % change on previous year | +49.2% |
| 1974 | 4.05 % change on previous year | -67.1% |
| 1975 | 14.02 % change on previous year | +246.4% |
| 1976 | 11.89 % change on previous year | -15.2% |
| 1977 | 8.1 % change on previous year | -31.9% |
| 1978 | 21.09 % change on previous year | +160.5% |
| 1979 | 12.09 % change on previous year | -42.7% |
| 1980 | 0.4066 % change on previous year | -96.6% |
| 1981 | 47.75 % change on previous year | +11643.1% |
| 1982 | 29.06 % change on previous year | -39.1% |
| 1983 | 14.62 % change on previous year | -49.7% |
| 1984 | 2.62 % change on previous year | -82.1% |
| 1985 | 19.96 % change on previous year | +663.0% |
| 1986 | 8.1 % change on previous year | -59.4% |
| 1987 | 9.52 % change on previous year | +17.5% |
| 1988 | 6.73 % change on previous year | -29.3% |
| 1989 | 5.31 % change on previous year | -21.2% |
| 1990 | 10.72 % change on previous year | +102.1% |
| 1991 | 0.9387 % change on previous year | -91.2% |
| 1992 | 1.82 % change on previous year | +94.1% |
| 1993 | 28.96 % change on previous year | +1489.8% |
| 1994 | 25.7 % change on previous year | -11.2% |
| 1995 | -0.0448 % change on previous year | -100.2% |
| 1996 | 7.32 % change on previous year | -16434.1% |
| 1997 | 13.42 % change on previous year | +83.3% |
| 1998 | -8.99 % change on previous year | -167.0% |
| 1999 | 31.05 % change on previous year | -445.3% |
| 2000 | -7.4 % change on previous year | -123.8% |
| 2001 | 12.31 % change on previous year | -266.3% |
| 2002 | 18.59 % change on previous year | +51.1% |
| 2003 | -0.1623 % change on previous year | -100.9% |
| 2004 | 29.79 % change on previous year | -18454.9% |
| 2005 | -2.76 % change on previous year | -109.3% |
| 2006 | 21.84 % change on previous year | -890.5% |
| 2007 | 30.72 % change on previous year | +40.6% |
| 2008 | 6.19 % change on previous year | -79.8% |
| 2009 | -8.64 % change on previous year | -239.5% |
| 2010 | 19.66 % change on previous year | -327.6% |
| 2011 | 6.39 % change on previous year | -67.5% |
| 2012 | -19.57 % change on previous year | -406.5% |
| 2013 | -13.04 % change on previous year | -33.4% |
| 2014 | 7.5 % change on previous year | -157.5% |
| 2015 | -10.87 % change on previous year | -244.9% |
| 2016 | 1.45 % change on previous year | -113.3% |
| 2017 | 21.67 % change on previous year | +1394.2% |
| 2018 | -1.25 % change on previous year | -105.8% |
| 2019 | -3.02 % change on previous year | +141.4% |
| 2020 | -7.98 % change on previous year | +163.8% |
| 2021 | -2.25 % change on previous year | -71.8% |
| 2022 | 6.25 % change on previous year | -377.9% |
| 2023 | -3.91 % change on previous year | -162.5% |
| 2024 | 2.73 % change on previous year | -169.8% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cabo Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +18454.9% | -0.1623 % change on previous year | 29.79 % change on previous year |
| 1996 | +16434.1% | -0.0448 % change on previous year | 7.32 % change on previous year |
| 1981 | +11643.1% | 0.4066 % change on previous year | 47.75 % change on previous year |
| 1993 | +1489.8% | 1.82 % change on previous year | 28.96 % change on previous year |
| 2017 | +1394.2% | 1.45 % change on previous year | 21.67 % change on previous year |
| 2006 | +890.5% | -2.76 % change on previous year | 21.84 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.44 % change on previous year | 4.05 % change on previous year | 21.09 % change on previous year | 9 |
| 1980s | 14.41 % change on previous year | 0.4066 % change on previous year | 47.75 % change on previous year | 10 |
| 1990s | 11.09 % change on previous year | -8.99 % change on previous year | 31.05 % change on previous year | 10 |
| 2000s | 10.05 % change on previous year | -8.64 % change on previous year | 30.72 % change on previous year | 10 |
| 2010s | 0.891 % change on previous year | -19.57 % change on previous year | 21.67 % change on previous year | 10 |
| 2020s | -1.03 % change on previous year | -7.98 % change on previous year | 6.25 % change on previous year | 5 |
Countries ranked near Cabo Verde
- 175 Eritrea 2.85 % change on previous year compare
- 176 Belgium 2.78 % change on previous year compare
- 177 Niger 2.74 % change on previous year compare
- 179 Saint Kitts and Nevis 2.66 % change on previous year compare
- 180 Yemen Dem 2.5 % change on previous year compare
- 181 Aruba 2.46 % change on previous year compare
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 fixed capital formation — value standard local currency, annual in Cabo Verde?
- Gross fixed capital formation — value standard local currency, annual in Cabo Verde was 2.73 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Cabo Verde?
- The highest recorded value was 47.75 % change on previous year in 1981.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Cabo Verde?
- The lowest recorded value was -19.57 % change on previous year in 2012.
- How does Cabo Verde rank for gross fixed capital formation — value standard local currency, annual?
- Cabo Verde ranks 178th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Cabo Verde?
- Over the last ten years it is down 63.6%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.