Gross value added at basic prices … current LCU annual growth rate in Cape Verde
Cape Verde: Gross value added at basic prices … current LCU annual growth rate was 7.11 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Cape Verde, 2008–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Cape Verde stood at 7.11 % change on previous year.
That represents a change of down 13.2% on the previous year and up 270.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Cape Verde peaked at 20.37 % change on previous year in 2022 and was at its lowest, -21.14 % change on previous year, in 2020.
That places Cape Verde 97th out of 205 countries with data for 2025, 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 value added at basic prices … current LCU annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 10.83 % change on previous year | — |
| 2009 | 2.06 % change on previous year | -81.0% |
| 2010 | 1.93 % change on previous year | -6.5% |
| 2011 | 5.58 % change on previous year | +189.4% |
| 2012 | 3.22 % change on previous year | -42.3% |
| 2013 | 2.04 % change on previous year | -36.7% |
| 2014 | 0.9338 % change on previous year | -54.2% |
| 2015 | 1.92 % change on previous year | +105.6% |
| 2016 | 6.14 % change on previous year | +219.7% |
| 2017 | 4.99 % change on previous year | -18.7% |
| 2018 | 4.36 % change on previous year | -12.6% |
| 2019 | 8.89 % change on previous year | +103.8% |
| 2020 | -21.14 % change on previous year | -337.7% |
| 2021 | 8.69 % change on previous year | -141.1% |
| 2022 | 20.37 % change on previous year | +134.5% |
| 2023 | 7.8 % change on previous year | -61.7% |
| 2024 | 8.19 % change on previous year | +4.9% |
| 2025 | 7.11 % change on previous year | -13.2% |
Cape Verde compared with similar countries
- Cape Verde's 7.11 % change on previous year is above the median for upper middle income countries, which is 6.87 % change on previous year, 1.0× the median. (58 countries reporting)
- Cape Verde's 7.11 % change on previous year is below the median for Sub-Saharan Africa, which is 9.86 % change on previous year, 72% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.45 % change on previous year | 2.06 % change on previous year | 10.83 % change on previous year | 2 |
| 2010s | 4 % change on previous year | 0.9338 % change on previous year | 8.89 % change on previous year | 10 |
| 2020s | 5.17 % change on previous year | -21.14 % change on previous year | 20.37 % change on previous year | 6 |
Countries ranked near Cape Verde
- 94 Papua New Guinea 7.56 % change on previous year compare
- 95 Pakistan 7.33 % change on previous year compare
- 96 Mauritania 7.31 % change on previous year compare
- 98 Serbia 6.99 % change on previous year compare
- 99 Bermuda 6.98 % change on previous year compare
- 100 Mauritius 6.91 % change on previous year compare
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) (current lcu), annual growth in Cape Verde?
- Gross value added at basic prices (gva) (current lcu), annual growth in Cape Verde was 7.11 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Cape Verde?
- The highest recorded value was 20.37 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Cape Verde?
- The lowest recorded value was -21.14 % change on previous year in 2020.
- How does Cape Verde rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Cape Verde ranks 97th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Cape Verde?
- Over the last ten years it is up 270.3%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current 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 Organizations and/or Central Banks
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) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.