Gross Fixed Capital Formation — Value US$ in Cabo Verde
Cabo Verde: Gross Fixed Capital Formation — Value US$ was 515.13 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Cabo Verde, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Cabo Verde recorded 515.13 million USD for gross fixed capital formation — value us$ in 2024.
That represents a change of up 2.6% on the previous year and down 19.0% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Cabo Verde peaked at 886.17 million USD in 2011 and was at its lowest, 31.55 million USD, in 1970.
That places Cabo Verde 189th out of 219 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49.4 million USD | 31.55 million USD | 63.8 million USD | 10 |
| 1980s | 83.34 million USD | 59.69 million USD | 113.12 million USD | 10 |
| 1990s | 178.48 million USD | 134.37 million USD | 223.79 million USD | 10 |
| 2000s | 441.74 million USD | 183.67 million USD | 801.81 million USD | 10 |
| 2010s | 628.76 million USD | 473.69 million USD | 886.17 million USD | 10 |
| 2020s | 518.08 million USD | 502.02 million USD | 537 million USD | 5 |
Countries ranked near Cabo Verde
- 186 Grenada 611.58 million USD compare
- 187 Sint Maarten (Dutch part) 580.56 million USD compare
- 188 Saint Lucia 538.38 million USD compare
- 190 Burundi 460.46 million USD compare
- 191 Saint Vincent and the Grenadines 439 million USD compare
- 192 Micronesia 429.08 million USD compare
More economy & growth data for Cabo Verde
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Domestic Product — Annual growth US$, 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 Standard Local Currency, 2015 29,020 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 291.99 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 18.24 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 18.24 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 12.29 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Cabo Verde?
- Gross fixed capital formation — value us$ in Cabo Verde was 515.13 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Cabo Verde?
- The highest recorded value was 886.17 million USD in 2011.
- What is the lowest gross fixed capital formation — value us$ recorded in Cabo Verde?
- The lowest recorded value was 31.55 million USD in 1970.
- How does Cabo Verde rank for gross fixed capital formation — value us$?
- Cabo Verde ranks 189th out of 219 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Cabo Verde?
- Over the last ten years it is down 19.0%. 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 US$. Statizoid updates them automatically from the source API.
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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).