Gross National Income — Value Standard Local Currency, annual growth in Cabo Verde
Cabo Verde: Gross National Income — Value Standard Local Currency, annual growth was 10.17 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Cabo Verde, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cabo Verde recorded 10.17 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
That represents a change of down 61.6% on the previous year and up 248.7% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Cabo Verde peaked at 26.47 % change on previous year in 2022 and was at its lowest, -20.7 % change on previous year, in 2020.
That places Cabo Verde 89th out of 231 countries with data for 2023, 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 National Income — Value Standard Local Currency, annual growth in Cabo Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.35 % change on previous year | — |
| 1972 | 7.91 % change on previous year | -30.3% |
| 1973 | 11.76 % change on previous year | +48.6% |
| 1974 | 3.75 % change on previous year | -68.1% |
| 1975 | 17.02 % change on previous year | +353.6% |
| 1976 | 10.95 % change on previous year | -35.7% |
| 1977 | 5.42 % change on previous year | -50.4% |
| 1978 | 19.44 % change on previous year | +258.4% |
| 1979 | 12.89 % change on previous year | -33.7% |
| 1980 | 20.37 % change on previous year | +58.0% |
| 1981 | 22.21 % change on previous year | +9.0% |
| 1982 | 16.44 % change on previous year | -25.9% |
| 1983 | 18.87 % change on previous year | +14.7% |
| 1984 | 14.74 % change on previous year | -21.9% |
| 1985 | 13.15 % change on previous year | -10.8% |
| 1986 | 23.01 % change on previous year | +75.0% |
| 1987 | 13.45 % change on previous year | -41.5% |
| 1988 | 12.17 % change on previous year | -9.5% |
| 1989 | 10.43 % change on previous year | -14.3% |
| 1990 | 2.62 % change on previous year | -74.9% |
| 1991 | 5.9 % change on previous year | +125.0% |
| 1992 | 6.31 % change on previous year | +7.0% |
| 1993 | 19.07 % change on previous year | +202.2% |
| 1994 | 14.87 % change on previous year | -22.0% |
| 1995 | 12.06 % change on previous year | -18.9% |
| 1996 | 10.2 % change on previous year | -15.4% |
| 1997 | 10.4 % change on previous year | +2.0% |
| 1998 | 11.88 % change on previous year | +14.2% |
| 1999 | 19.19 % change on previous year | +61.6% |
| 2000 | 3.3 % change on previous year | -82.8% |
| 2001 | 10.55 % change on previous year | +219.6% |
| 2002 | 4.78 % change on previous year | -54.7% |
| 2003 | 11.33 % change on previous year | +136.9% |
| 2004 | 4.31 % change on previous year | -62.0% |
| 2005 | 4.68 % change on previous year | +8.6% |
| 2006 | 13.69 % change on previous year | +192.7% |
| 2007 | 13.81 % change on previous year | +0.8% |
| 2008 | 10.38 % change on previous year | -24.8% |
| 2009 | 0.5231 % change on previous year | -95.0% |
| 2010 | 0.4007 % change on previous year | -23.4% |
| 2011 | 7.61 % change on previous year | +1798.6% |
| 2012 | 1.24 % change on previous year | -83.7% |
| 2013 | 2.92 % change on previous year | +134.7% |
| 2014 | -0.9572 % change on previous year | -132.8% |
| 2015 | 3.96 % change on previous year | -513.3% |
| 2016 | 6.12 % change on previous year | +54.6% |
| 2017 | 6.11 % change on previous year | -0.1% |
| 2018 | 6.91 % change on previous year | +13.0% |
| 2019 | 7.95 % change on previous year | +15.1% |
| 2020 | -20.7 % change on previous year | -360.3% |
| 2021 | 9.28 % change on previous year | -144.9% |
| 2022 | 26.47 % change on previous year | +185.2% |
| 2023 | 10.17 % change on previous year | -61.6% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2011 | +1798.6% | 0.4007 % change on previous year | 7.61 % change on previous year |
| 2015 | +513.3% | -0.9572 % change on previous year | 3.96 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.17 % change on previous year | 3.75 % change on previous year | 19.44 % change on previous year | 9 |
| 1980s | 16.48 % change on previous year | 10.43 % change on previous year | 23.01 % change on previous year | 10 |
| 1990s | 11.25 % change on previous year | 2.62 % change on previous year | 19.19 % change on previous year | 10 |
| 2000s | 7.73 % change on previous year | 0.5231 % change on previous year | 13.81 % change on previous year | 10 |
| 2010s | 4.23 % change on previous year | -0.9572 % change on previous year | 7.95 % change on previous year | 10 |
| 2020s | 6.31 % change on previous year | -20.7 % change on previous year | 26.47 % change on previous year | 4 |
Countries ranked near Cabo Verde
- 86 Saint Vincent and the Grenadines 10.29 % change on previous year compare
- 87 Palau 10.27 % change on previous year compare
- 88 Democratic People's Republic of Korea 10.17 % change on previous year compare
- 90 Mozambique 10.03 % change on previous year compare
- 91 Morocco 10.02 % change on previous year compare
- 92 Namibia 9.99 % 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 national income — value standard local currency, annual growth in Cabo Verde?
- Gross national income — value standard local currency, annual growth in Cabo Verde was 10.17 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Cabo Verde?
- The highest recorded value was 26.47 % change on previous year in 2022.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Cabo Verde?
- The lowest recorded value was -20.7 % change on previous year in 2020.
- How does Cabo Verde rank for gross national income — value standard local currency, annual growth?
- Cabo Verde ranks 89th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Cabo Verde?
- Over the last ten years it is up 248.7%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.