Gross value added at basic prices (GVA) (current LCU) in Cape Verde
Cape Verde: Gross value added at basic prices (GVA) (current LCU) was 250.31 billion current LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Cape Verde stood at 250.31 billion current LCU. That is the highest value across all 19 years on record.
That represents a change of up 7.1% on the previous year and up 63.2% over ten years.
Over the whole period, gross value added at basic prices (gva) in Cape Verde peaked at 250.31 billion current LCU in 2025 and was at its lowest, 116.26 billion current LCU, in 2007.
Cape Verde ranks 129th of 207 countries on this measure, 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) (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 116.26 billion current LCU | — |
| 2008 | 128.85 billion current LCU | +10.8% |
| 2009 | 131.51 billion current LCU | +2.1% |
| 2010 | 134.05 billion current LCU | +1.9% |
| 2011 | 141.53 billion current LCU | +5.6% |
| 2012 | 146.09 billion current LCU | +3.2% |
| 2013 | 149.07 billion current LCU | +2.0% |
| 2014 | 150.46 billion current LCU | +0.9% |
| 2015 | 153.35 billion current LCU | +1.9% |
| 2016 | 162.76 billion current LCU | +6.1% |
| 2017 | 170.89 billion current LCU | +5.0% |
| 2018 | 178.34 billion current LCU | +4.4% |
| 2019 | 194.21 billion current LCU | +8.9% |
| 2020 | 153.15 billion current LCU | -21.1% |
| 2021 | 166.46 billion current LCU | +8.7% |
| 2022 | 200.37 billion current LCU | +20.4% |
| 2023 | 216.01 billion current LCU | +7.8% |
| 2024 | 233.70 billion current LCU | +8.2% |
| 2025 | 250.31 billion current LCU | +7.1% |
Cape Verde compared with similar countries
- Cape Verde's 250.31 billion current LCU is below the median for upper middle income countries, which is 896.75 billion current LCU, 28% of the median. (58 countries reporting)
- Cape Verde's 250.31 billion current LCU is below the median for Sub-Saharan Africa, which is 7.39 trillion current LCU, 3% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 125.54 billion current LCU | 116.26 billion current LCU | 131.51 billion current LCU | 3 |
| 2010s | 158.07 billion current LCU | 134.05 billion current LCU | 194.21 billion current LCU | 10 |
| 2020s | 203.34 billion current LCU | 153.15 billion current LCU | 250.31 billion current LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Real gdp growth, annual growth rate 51.07 % change on previous year (2024)
- 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)
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 250.31 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Cape Verde?
- The highest recorded value was 250.31 billion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Cape Verde?
- The lowest recorded value was 116.26 billion current LCU in 2007.
- How does Cape Verde rank for gross value added at basic prices (gva)?
- Cape Verde ranks 129th out of 207 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 63.2%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.