Gross value added at basic prices (GVA) (current US$) in Cape Verde
Cape Verde: Gross value added at basic prices (GVA) (current US$) was 2.56 billion current US$ 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 current US$.
Analysis
Cape Verde recorded 2.56 billion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 19 years on record.
The figure is up 11.6% on the previous year and up 65.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Cape Verde peaked at 2.56 billion current US$ in 2025 and was at its lowest, 1.44 billion current US$, in 2007.
That places Cape Verde 179th out of 207 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross value added at basic prices (GVA) (current US$) in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 2007 | 1.44 billion current US$ | — |
| 2008 | 1.71 billion current US$ | +18.6% |
| 2009 | 1.64 billion current US$ | -3.9% |
| 2010 | 1.61 billion current US$ | -2.0% |
| 2011 | 1.79 billion current US$ | +10.9% |
| 2012 | 1.69 billion current US$ | -5.2% |
| 2013 | 1.79 billion current US$ | +6.0% |
| 2014 | 1.81 billion current US$ | +1.0% |
| 2015 | 1.54 billion current US$ | -14.8% |
| 2016 | 1.63 billion current US$ | +5.8% |
| 2017 | 1.75 billion current US$ | +7.0% |
| 2018 | 1.91 billion current US$ | +9.3% |
| 2019 | 1.97 billion current US$ | +3.3% |
| 2020 | 1.58 billion current US$ | -19.8% |
| 2021 | 1.79 billion current US$ | +12.9% |
| 2022 | 1.91 billion current US$ | +7.0% |
| 2023 | 2.12 billion current US$ | +11.0% |
| 2024 | 2.29 billion current US$ | +8.1% |
| 2025 | 2.56 billion current US$ | +11.6% |
Cape Verde compared with similar countries
- Cape Verde's 2.56 billion current US$ is below the median for upper middle income countries, which is 39.41 billion current US$, 6% of the median. (58 countries reporting)
- Cape Verde's 2.56 billion current US$ is below the median for Sub-Saharan Africa, which is 18.79 billion current US$, 14% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.60 billion current US$ | 1.44 billion current US$ | 1.71 billion current US$ | 3 |
| 2010s | 1.75 billion current US$ | 1.54 billion current US$ | 1.97 billion current US$ | 10 |
| 2020s | 2.04 billion current US$ | 1.58 billion current US$ | 2.56 billion current US$ | 6 |
Countries ranked near Cape Verde
- 176 Curacao 3.02 billion current US$ compare
- 177 Belize 2.72 billion current US$ compare
- 178 Central African Republic 2.71 billion current US$ compare
- 180 Guinea-Bissau 2.41 billion current US$ compare
- 181 Gambia 2.41 billion current US$ compare
- 182 Saint Lucia 2.29 billion current US$ compare
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 2.56 billion current US$ 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 2.56 billion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Cape Verde?
- The lowest recorded value was 1.44 billion current US$ in 2007.
- How does Cape Verde rank for gross value added at basic prices (gva)?
- Cape Verde ranks 179th 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 65.8%. 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) (current US$). 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 indicator is expressed in United States dollars.