Gross Fixed Capital Formation — Value Standard Local Currency in Cabo Verde
Cabo Verde: Gross Fixed Capital Formation — Value Standard Local Currency was 52,503 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Cabo Verde, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Cabo Verde is 52,503 million SLC, measured in 2024.
The figure is up 2.7% on the previous year and down 0.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Cabo Verde peaked at 70,253 million SLC in 2011 and was at its lowest, 907.18 million SLC, in 1970.
That places Cabo Verde 144th out of 230 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 Fixed Capital Formation — Value Standard Local Currency in Cabo Verde, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 907.18 million SLC | — |
| 1971 | 1,009 million SLC | +11.2% |
| 1972 | 1,092 million SLC | +8.2% |
| 1973 | 1,226 million SLC | +12.3% |
| 1974 | 1,276 million SLC | +4.0% |
| 1975 | 1,455 million SLC | +14.0% |
| 1976 | 1,628 million SLC | +11.9% |
| 1977 | 1,759 million SLC | +8.1% |
| 1978 | 2,131 million SLC | +21.1% |
| 1979 | 2,388 million SLC | +12.1% |
| 1980 | 2,398 million SLC | +0.4% |
| 1981 | 3,543 million SLC | +47.7% |
| 1982 | 4,572 million SLC | +29.1% |
| 1983 | 5,241 million SLC | +14.6% |
| 1984 | 5,378 million SLC | +2.6% |
| 1985 | 6,452 million SLC | +20.0% |
| 1986 | 6,974 million SLC | +8.1% |
| 1987 | 7,638 million SLC | +9.5% |
| 1988 | 8,153 million SLC | +6.7% |
| 1989 | 8,585 million SLC | +5.3% |
| 1990 | 9,506 million SLC | +10.7% |
| 1991 | 9,595 million SLC | +0.9% |
| 1992 | 9,770 million SLC | +1.8% |
| 1993 | 12,599 million SLC | +29.0% |
| 1994 | 15,838 million SLC | +25.7% |
| 1995 | 15,831 million SLC | -0.0% |
| 1996 | 16,990 million SLC | +7.3% |
| 1997 | 19,271 million SLC | +13.4% |
| 1998 | 17,538 million SLC | -9.0% |
| 1999 | 22,984 million SLC | +31.1% |
| 2000 | 21,283 million SLC | -7.4% |
| 2001 | 23,902 million SLC | +12.3% |
| 2002 | 28,345 million SLC | +18.6% |
| 2003 | 28,299 million SLC | -0.2% |
| 2004 | 36,729 million SLC | +29.8% |
| 2005 | 35,714 million SLC | -2.8% |
| 2006 | 43,515 million SLC | +21.8% |
| 2007 | 56,882 million SLC | +30.7% |
| 2008 | 60,405 million SLC | +6.2% |
| 2009 | 55,187 million SLC | -8.6% |
| 2010 | 66,036 million SLC | +19.7% |
| 2011 | 70,253 million SLC | +6.4% |
| 2012 | 56,503 million SLC | -19.6% |
| 2013 | 49,133 million SLC | -13.0% |
| 2014 | 52,820 million SLC | +7.5% |
| 2015 | 47,078 million SLC | -10.9% |
| 2016 | 47,761 million SLC | +1.5% |
| 2017 | 58,113 million SLC | +21.7% |
| 2018 | 57,385 million SLC | -1.3% |
| 2019 | 55,650 million SLC | -3.0% |
| 2020 | 51,210 million SLC | -8.0% |
| 2021 | 50,058 million SLC | -2.2% |
| 2022 | 53,188 million SLC | +6.3% |
| 2023 | 51,108 million SLC | -3.9% |
| 2024 | 52,503 million SLC | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,487 million SLC | 907.18 million SLC | 2,388 million SLC | 10 |
| 1980s | 5,893 million SLC | 2,398 million SLC | 8,585 million SLC | 10 |
| 1990s | 14,992 million SLC | 9,506 million SLC | 22,984 million SLC | 10 |
| 2000s | 39,026 million SLC | 21,283 million SLC | 60,405 million SLC | 10 |
| 2010s | 56,073 million SLC | 47,078 million SLC | 70,253 million SLC | 10 |
| 2020s | 51,613 million SLC | 50,058 million SLC | 53,188 million SLC | 5 |
Countries ranked near Cabo Verde
- 141 Belarus 56,370 million SLC compare
- 142 China, Macao SAR 55,484 million SLC compare
- 143 Tajikistan 54,524 million SLC compare
- 145 Sierra Leone 50,285 million SLC compare
- 146 Vanuatu 46,289 million SLC compare
- 147 Maldives 38,101 million SLC compare
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (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 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 fixed capital formation — value standard local currency in Cabo Verde?
- Gross fixed capital formation — value standard local currency in Cabo Verde was 52,503 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Cabo Verde?
- The highest recorded value was 70,253 million SLC in 2011.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Cabo Verde?
- The lowest recorded value was 907.18 million SLC in 1970.
- How does Cabo Verde rank for gross fixed capital formation — value standard local currency?
- Cabo Verde ranks 144th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Cabo Verde?
- Over the last ten years it is down 0.6%. 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 Fixed Capital Formation — 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).