Gross value added at basic prices (GVA) … constant annual growth rate in Cape Verde
Cape Verde: Gross value added at basic prices (GVA) … constant annual growth rate was 6.06 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant LCU), annual growth in Cape Verde, 2008–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cape Verde recorded 6.06 % change on previous year for gross value added at basic prices (gva) (constant lcu), annual growth in 2025.
That represents a change of down 9.2% on the previous year and up 66,504.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in Cape Verde peaked at 12.37 % change on previous year in 2022 and was at its lowest, -21.32 % change on previous year, in 2020.
Cape Verde ranks 31st of 195 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 value added at basic prices (GVA) … constant annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 7.16 % change on previous year | — |
| 2009 | -0.2931 % change on previous year | -104.1% |
| 2010 | 1.6 % change on previous year | -644.3% |
| 2011 | 3.03 % change on previous year | +90.1% |
| 2012 | 2.83 % change on previous year | -6.8% |
| 2013 | 0.5416 % change on previous year | -80.8% |
| 2014 | 1.13 % change on previous year | +107.9% |
| 2015 | -0.0091 % change on previous year | -100.8% |
| 2016 | 3.33 % change on previous year | -36531.9% |
| 2017 | 3.2 % change on previous year | -3.7% |
| 2018 | 2.28 % change on previous year | -28.7% |
| 2019 | 7.52 % change on previous year | +229.2% |
| 2020 | -21.32 % change on previous year | -383.7% |
| 2021 | 6.99 % change on previous year | -132.8% |
| 2022 | 12.37 % change on previous year | +77.1% |
| 2023 | 5.64 % change on previous year | -54.4% |
| 2024 | 6.68 % change on previous year | +18.4% |
| 2025 | 6.06 % change on previous year | -9.2% |
Cape Verde compared with similar countries
- Cape Verde's 6.06 % change on previous year is above the median for upper middle income countries, which is 3.16 % change on previous year, 1.9× the median. (57 countries reporting)
- Cape Verde's 6.06 % change on previous year is above the median for Sub-Saharan Africa, which is 4.71 % change on previous year, 1.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) … constant annual growth rate in Cape 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 |
|---|---|---|---|
| 2016 | +36531.9% | -0.0091 % change on previous year | 3.33 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.44 % change on previous year | -0.2931 % change on previous year | 7.16 % change on previous year | 2 |
| 2010s | 2.54 % change on previous year | -0.0091 % change on previous year | 7.52 % change on previous year | 10 |
| 2020s | 2.74 % change on previous year | -21.32 % change on previous year | 12.37 % change on previous year | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4522 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), annual growth in Cape Verde?
- Gross value added at basic prices (gva) (constant lcu), annual growth in Cape Verde was 6.06 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Cape Verde?
- The highest recorded value was 12.37 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in Cape Verde?
- The lowest recorded value was -21.32 % change on previous year in 2020.
- How does Cape Verde rank for gross value added at basic prices (gva) (constant lcu), annual growth?
- Cape Verde ranks 31st out of 195 countries with data for 2025.
- Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in Cape Verde?
- Over the last ten years it is up 66,504.8%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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 value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.