Gross value added at basic prices (GVA) in Cape Verde
Cape Verde: Gross value added at basic prices (GVA) was 203.31 billion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Cape Verde stood at 203.31 billion constant LCU. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 6.1% on the previous year and up 32.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Cape Verde peaked at 203.31 billion constant LCU in 2025 and was at its lowest, 131.16 billion constant LCU, in 2007.
That places Cape Verde 115th out of 198 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Gross value added at basic prices (GVA) in Cape Verde, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2007 | 131.16 billion constant LCU | — |
| 2008 | 140.55 billion constant LCU | +7.2% |
| 2009 | 140.14 billion constant LCU | -0.3% |
| 2010 | 142.38 billion constant LCU | +1.6% |
| 2011 | 146.69 billion constant LCU | +3.0% |
| 2012 | 150.84 billion constant LCU | +2.8% |
| 2013 | 151.66 billion constant LCU | +0.5% |
| 2014 | 153.36 billion constant LCU | +1.1% |
| 2015 | 153.35 billion constant LCU | -0.0% |
| 2016 | 158.45 billion constant LCU | +3.3% |
| 2017 | 163.52 billion constant LCU | +3.2% |
| 2018 | 167.25 billion constant LCU | +2.3% |
| 2019 | 179.83 billion constant LCU | +7.5% |
| 2020 | 141.49 billion constant LCU | -21.3% |
| 2021 | 151.38 billion constant LCU | +7.0% |
| 2022 | 170.11 billion constant LCU | +12.4% |
| 2023 | 179.69 billion constant LCU | +5.6% |
| 2024 | 191.69 billion constant LCU | +6.7% |
| 2025 | 203.31 billion constant LCU | +6.1% |
Cape Verde compared with similar countries
- Cape Verde's 203.31 billion constant LCU is below the median for upper middle income countries, which is 504.09 billion constant LCU, 40% of the median. (57 countries reporting)
- Cape Verde's 203.31 billion constant LCU is below the median for Sub-Saharan Africa, which is 3.55 trillion constant LCU, 6% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 137.28 billion constant LCU | 131.16 billion constant LCU | 140.55 billion constant LCU | 3 |
| 2010s | 156.73 billion constant LCU | 142.38 billion constant LCU | 179.83 billion constant LCU | 10 |
| 2020s | 172.94 billion constant LCU | 141.49 billion constant LCU | 203.31 billion constant LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Cape Verde?
- Gross value added at basic prices (gva) in Cape Verde was 203.31 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Cape Verde?
- The highest recorded value was 203.31 billion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Cape Verde?
- The lowest recorded value was 131.16 billion constant LCU in 2007.
- How does Cape Verde rank for gross value added at basic prices (gva)?
- Cape Verde ranks 115th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Cape Verde?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.