Gross value added at basic prices (GVA) (constant LCU), annual growth in Cape Verde

Cape Verde: Gross value added at basic prices (GVA) (constant LCU), annual growth was 6.06 % change on previous year in 2025. ◆ Volatile

Latest (2025)
6.06 % change on previous year
Change on year
down 9.2%
World rank
31st
of 195 countries
All-time high
12.37 % change on previous year
in 2022
All-time low
-21.32 % change on previous year
in 2020
Years of data
18
2008–2025

Gross value added at basic prices (GVA) (constant LCU), annual growth in Cape Verde, 2008–2025

-20-100102008201620252008: 7.2 % change on previous year2009: -0.293 % change on previous year2010: 1.6 % change on previous year2011: 3 % change on previous year2012: 2.8 % change on previous year2013: 0.542 % change on previous year2014: 1.1 % change on previous year2015: -0.009 % change on previous year2016: 3.3 % change on previous year2017: 3.2 % change on previous year2018: 2.3 % change on previous year2019: 7.5 % change on previous year2020: -21.3 % change on previous year2021: 7 % change on previous year2022: 12.4 % change on previous year2023: 5.6 % change on previous year2024: 6.7 % change on previous year2025: 6.1 % change on previous year

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 LCU), annual growth in Cape Verde, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), annual growth rate in Cape Verde, 2008 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 28 Djibouti 6.5 % change on previous year compare
  2. 29 Uganda 6.18 % change on previous year compare
  3. 30 Gambia 6.15 % change on previous year compare
  4. 32 Kiribati 5.96 % change on previous year compare
  5. 33 Ghana 5.88 % change on previous year compare
  6. 34 Tanzania 5.85 % change on previous year compare

See the full ranking of 196 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

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.

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Gross value added at basic prices (GVA) (constant LCU), annual growth in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-annual-growth-rate/cabo-verde/

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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

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

Indicator
Gross value added at basic prices (GVA) (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 8,134 data points, 1961–2025
Last refreshed

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.