Industry (including construction), value added in Cape Verde
Cape Verde: Industry (including construction), value added was 251.13 million constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Cape Verde recorded 251.13 million constant 2015 US$ for industry (including construction), value added in 2025.
The figure is up 6.4% on the previous year and down 1.8% over ten years.
Over the whole period, industry (including construction), value added in Cape Verde peaked at 279.01 million constant 2015 US$ in 2008 and was at its lowest, 36.57 million constant 2015 US$, in 1980.
Cape Verde ranks 180th of 196 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 46 years of available data.
Industry (including construction), value added in Cape Verde, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1980 | 36.57 million constant 2015 US$ | — |
| 1981 | 40.95 million constant 2015 US$ | +12.0% |
| 1982 | 40.49 million constant 2015 US$ | -1.1% |
| 1983 | 48.71 million constant 2015 US$ | +20.3% |
| 1984 | 48.12 million constant 2015 US$ | -1.2% |
| 1985 | 55.68 million constant 2015 US$ | +15.7% |
| 1986 | 56.82 million constant 2015 US$ | +2.0% |
| 1987 | 63.32 million constant 2015 US$ | +11.4% |
| 1988 | 65.35 million constant 2015 US$ | +3.2% |
| 1989 | 72.19 million constant 2015 US$ | +10.5% |
| 1990 | 72.98 million constant 2015 US$ | +1.1% |
| 1991 | 75.13 million constant 2015 US$ | +2.9% |
| 1992 | 86.79 million constant 2015 US$ | +15.5% |
| 1993 | 89.98 million constant 2015 US$ | +3.7% |
| 1994 | 106.98 million constant 2015 US$ | +18.9% |
| 1995 | 115.02 million constant 2015 US$ | +7.5% |
| 1996 | 131.70 million constant 2015 US$ | +14.5% |
| 1997 | 133.14 million constant 2015 US$ | +1.1% |
| 1998 | 148.54 million constant 2015 US$ | +11.6% |
| 1999 | 151.87 million constant 2015 US$ | +2.2% |
| 2000 | 164.10 million constant 2015 US$ | +8.1% |
| 2001 | 149.57 million constant 2015 US$ | -8.9% |
| 2002 | 158.60 million constant 2015 US$ | +6.0% |
| 2003 | 160.49 million constant 2015 US$ | +1.2% |
| 2004 | 172.15 million constant 2015 US$ | +7.3% |
| 2005 | 191.39 million constant 2015 US$ | +11.2% |
| 2006 | 206.39 million constant 2015 US$ | +7.8% |
| 2007 | 234.96 million constant 2015 US$ | +13.8% |
| 2008 | 279.01 million constant 2015 US$ | +18.7% |
| 2009 | 262.51 million constant 2015 US$ | -5.9% |
| 2010 | 254.08 million constant 2015 US$ | -3.2% |
| 2011 | 256.23 million constant 2015 US$ | +0.8% |
| 2012 | 244.35 million constant 2015 US$ | -4.6% |
| 2013 | 253.34 million constant 2015 US$ | +3.7% |
| 2014 | 265.29 million constant 2015 US$ | +4.7% |
| 2015 | 255.76 million constant 2015 US$ | -3.6% |
| 2016 | 222.51 million constant 2015 US$ | -13.0% |
| 2017 | 233.38 million constant 2015 US$ | +4.9% |
| 2018 | 241.47 million constant 2015 US$ | +3.5% |
| 2019 | 250.93 million constant 2015 US$ | +3.9% |
| 2020 | 206.21 million constant 2015 US$ | -17.8% |
| 2021 | 206.98 million constant 2015 US$ | +0.4% |
| 2022 | 222.52 million constant 2015 US$ | +7.5% |
| 2023 | 227.44 million constant 2015 US$ | +2.2% |
| 2024 | 236.06 million constant 2015 US$ | +3.8% |
| 2025 | 251.13 million constant 2015 US$ | +6.4% |
Cape Verde compared with similar countries
- Cape Verde's 251.13 million constant 2015 US$ is below the median for upper middle income countries, which is 14.23 billion constant 2015 US$, 2% of the median. (58 countries reporting)
- Cape Verde's 251.13 million constant 2015 US$ is below the median for Sub-Saharan Africa, which is 4.08 billion constant 2015 US$, 6% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 52.82 million constant 2015 US$ | 36.57 million constant 2015 US$ | 72.19 million constant 2015 US$ | 10 |
| 1990s | 111.21 million constant 2015 US$ | 72.98 million constant 2015 US$ | 151.87 million constant 2015 US$ | 10 |
| 2000s | 197.92 million constant 2015 US$ | 149.57 million constant 2015 US$ | 279.01 million constant 2015 US$ | 10 |
| 2010s | 247.74 million constant 2015 US$ | 222.51 million constant 2015 US$ | 265.29 million constant 2015 US$ | 10 |
| 2020s | 225.06 million constant 2015 US$ | 206.21 million constant 2015 US$ | 251.13 million constant 2015 US$ | 6 |
Countries ranked near Cape Verde
- 177 Turks and Caicos Islands 294.66 million constant 2015 US$ compare
- 178 Guinea-Bissau 293.99 million constant 2015 US$ compare
- 179 Seychelles 289.24 million constant 2015 US$ compare
- 181 Saint Lucia 247.80 million constant 2015 US$ compare
- 182 Grenada 211.85 million constant 2015 US$ compare
- 183 Saint Kitts and Nevis 211.41 million constant 2015 US$ compare
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 industry (including construction), value added in Cape Verde?
- Industry (including construction), value added in Cape Verde was 251.13 million constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Cape Verde?
- The highest recorded value was 279.01 million constant 2015 US$ in 2008.
- What is the lowest industry (including construction), value added recorded in Cape Verde?
- The lowest recorded value was 36.57 million constant 2015 US$ in 1980.
- How does Cape Verde rank for industry (including construction), value added?
- Cape Verde ranks 180th out of 196 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Cape Verde?
- Over the last ten years it is down 1.8%. 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 Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 is 2015. This indicator is expressed in United States dollars.