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

Cape Verde: Gross value added at basic prices (GVA) (current LCU), annual growth was 7.11 % change on previous year in 2025. ◆ Volatile

Latest (2025)
7.11 % change on previous year
Change on year
down 13.2%
World rank
97th
of 205 countries
All-time high
20.37 % change on previous year
in 2022
All-time low
-21.14 % change on previous year
in 2020
Years of data
18
2008–2025

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

-20-10010202008201620252008: 10.8 % change on previous year2009: 2.1 % change on previous year2010: 1.9 % change on previous year2011: 5.6 % change on previous year2012: 3.2 % change on previous year2013: 2 % change on previous year2014: 0.934 % change on previous year2015: 1.9 % change on previous year2016: 6.1 % change on previous year2017: 5 % change on previous year2018: 4.4 % change on previous year2019: 8.9 % change on previous year2020: -21.1 % change on previous year2021: 8.7 % change on previous year2022: 20.4 % change on previous year2023: 7.8 % change on previous year2024: 8.2 % change on previous year2025: 7.1 % change on previous year

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 (GVA) (current LCU), annual growth in Cape Verde, year by year

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 94 Papua New Guinea 7.56 % change on previous year compare
  2. 95 Pakistan 7.33 % change on previous year compare
  3. 96 Mauritania 7.31 % change on previous year compare
  4. 98 Serbia 6.99 % change on previous year compare
  5. 99 Bermuda 6.98 % change on previous year compare
  6. 100 Mauritius 6.91 % change on previous year compare

See the full ranking of 206 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) (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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Gross value added at basic prices (GVA) (current 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-current-lcu-annual-growth-rate/cabo-verde/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/cabo-verde/">Gross value added at basic prices (GVA) (current LCU), annual growth in Cape Verde</a> — Statizoid

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

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) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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.