Gross National Income — Value US$, annual growth rate in Cabo Verde
Cabo Verde: Gross National Income — Value US$, annual growth rate was 13.48 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Cabo Verde, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross national income — value us$, annual growth rate in Cabo Verde stood at 13.48 % change on previous year.
The figure is up 8.4% on the previous year and up 94.3% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Cabo Verde peaked at 40.64 % change on previous year in 1986 and was at its lowest, -19.31 % change on previous year, in 2020.
Cabo Verde ranks 42nd of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Cabo Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.88 % change on previous year | — |
| 1972 | 13.12 % change on previous year | +1.9% |
| 1973 | 23.33 % change on previous year | +77.8% |
| 1974 | 0.106 % change on previous year | -99.5% |
| 1975 | 16.4 % change on previous year | +15379.5% |
| 1976 | -6.25 % change on previous year | -138.1% |
| 1977 | -6.4 % change on previous year | +2.3% |
| 1978 | 14.54 % change on previous year | -327.4% |
| 1979 | 7.06 % change on previous year | -51.4% |
| 1980 | 12.15 % change on previous year | +72.1% |
| 1981 | 0.8251 % change on previous year | -93.2% |
| 1982 | -2.73 % change on previous year | -430.9% |
| 1983 | -3.34 % change on previous year | +22.3% |
| 1984 | -3.09 % change on previous year | -7.4% |
| 1985 | 4.81 % change on previous year | -255.5% |
| 1986 | 40.64 % change on previous year | +745.0% |
| 1987 | 25.47 % change on previous year | -37.3% |
| 1988 | 12.79 % change on previous year | -49.8% |
| 1989 | 2.06 % change on previous year | -83.9% |
| 1990 | 14.27 % change on previous year | +591.4% |
| 1991 | 3.86 % change on previous year | -73.0% |
| 1992 | 11.61 % change on previous year | +201.0% |
| 1993 | 0.7003 % change on previous year | -94.0% |
| 1994 | 12.82 % change on previous year | +1730.8% |
| 1995 | 19.41 % change on previous year | +51.4% |
| 1996 | 2.54 % change on previous year | -86.9% |
| 1997 | -2.14 % change on previous year | -184.0% |
| 1998 | 6.2 % change on previous year | -390.0% |
| 1999 | 13.92 % change on previous year | +124.4% |
| 2000 | -8.45 % change on previous year | -160.7% |
| 2001 | 3.96 % change on previous year | -146.9% |
| 2002 | 10.1 % change on previous year | +154.9% |
| 2003 | 33.49 % change on previous year | +231.4% |
| 2004 | 14.93 % change on previous year | -55.4% |
| 2005 | 4.8 % change on previous year | -67.9% |
| 2006 | 14.62 % change on previous year | +204.8% |
| 2007 | 24.13 % change on previous year | +65.0% |
| 2008 | 18.12 % change on previous year | -24.9% |
| 2009 | -5.38 % change on previous year | -129.7% |
| 2010 | -3.51 % change on previous year | -34.8% |
| 2011 | 13.04 % change on previous year | -471.6% |
| 2012 | -7.02 % change on previous year | -153.8% |
| 2013 | 6.94 % change on previous year | -198.9% |
| 2014 | -0.9121 % change on previous year | -113.1% |
| 2015 | -13.15 % change on previous year | +1341.3% |
| 2016 | 5.79 % change on previous year | -144.1% |
| 2017 | 8.15 % change on previous year | +40.7% |
| 2018 | 11.94 % change on previous year | +46.4% |
| 2019 | 2.38 % change on previous year | -80.0% |
| 2020 | -19.31 % change on previous year | -910.2% |
| 2021 | 13.48 % change on previous year | -169.8% |
| 2022 | 12.43 % change on previous year | -7.8% |
| 2023 | 13.48 % change on previous year | +8.4% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate 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 |
|---|---|---|---|
| 1975 | +15379.5% | 0.106 % change on previous year | 16.4 % change on previous year |
| 1994 | +1730.8% | 0.7003 % change on previous year | 12.82 % change on previous year |
| 2015 | -1341.3% | -0.9121 % change on previous year | -13.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.31 % change on previous year | -6.4 % change on previous year | 23.33 % change on previous year | 9 |
| 1980s | 8.96 % change on previous year | -3.34 % change on previous year | 40.64 % change on previous year | 10 |
| 1990s | 8.32 % change on previous year | -2.14 % change on previous year | 19.41 % change on previous year | 10 |
| 2000s | 11.03 % change on previous year | -8.45 % change on previous year | 33.49 % change on previous year | 10 |
| 2010s | 2.37 % change on previous year | -13.15 % change on previous year | 13.04 % change on previous year | 10 |
| 2020s | 5.02 % change on previous year | -19.31 % change on previous year | 13.48 % change on previous year | 4 |
Countries ranked near Cabo Verde
- 39 Slovakia 13.81 % change on previous year compare
- 40 Bulgaria 13.76 % change on previous year compare
- 41 Monaco 13.58 % change on previous year compare
- 43 Guyana 13.35 % change on previous year compare
- 44 Philippines 13.32 % change on previous year compare
- 45 Benin 12.9 % 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 us$, annual growth rate in Cabo Verde?
- Gross national income — value us$, annual growth rate in Cabo Verde was 13.48 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Cabo Verde?
- The highest recorded value was 40.64 % change on previous year in 1986.
- What is the lowest gross national income — value us$, annual growth rate recorded in Cabo Verde?
- The lowest recorded value was -19.31 % change on previous year in 2020.
- How does Cabo Verde rank for gross national income — value us$, annual growth rate?
- Cabo Verde ranks 42nd out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Cabo Verde?
- Over the last ten years it is up 94.3%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.