Industry (including construction), value added in Cape Verde
Cape Verde: Industry (including construction), value added was 10.7% in 2025. ▼ Falling
Industry (including construction), value added in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in Cape Verde is 10.7%, measured in 2025.
The figure is up 0.1% on the previous year and down 26.6% over ten years.
Over the whole period, industry (including construction), value added in Cape Verde peaked at 32.4% in 1992 and was at its lowest, 10.7%, in 2024.
Cape Verde ranks 185th of 207 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Industry (including construction), value added in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 17.0% | — |
| 1981 | 17.4% | +2.3% |
| 1982 | 15.8% | -8.9% |
| 1983 | 17.3% | +9.3% |
| 1984 | 17.6% | +1.9% |
| 1985 | 18.0% | +2.2% |
| 1986 | 17.8% | -0.9% |
| 1987 | 18.7% | +5.0% |
| 1988 | 19.3% | +3.2% |
| 1989 | 20.8% | +7.5% |
| 1990 | 30.1% | +44.8% |
| 1991 | 30.3% | +0.9% |
| 1992 | 32.4% | +6.8% |
| 1993 | 22.5% | -30.4% |
| 1994 | 30.6% | +35.7% |
| 1995 | 28.3% | -7.4% |
| 1996 | 28.9% | +2.3% |
| 1997 | 26.2% | -9.4% |
| 1998 | 26.4% | +0.7% |
| 1999 | 23.4% | -11.4% |
| 2000 | 21.7% | -7.0% |
| 2001 | 19.2% | -11.9% |
| 2002 | 19.1% | -0.6% |
| 2003 | 18.5% | -2.8% |
| 2004 | 18.2% | -1.7% |
| 2005 | 19.2% | +5.5% |
| 2006 | 19.1% | -0.6% |
| 2007 | 14.0% | -26.6% |
| 2008 | 15.5% | +10.5% |
| 2009 | 16.0% | +3.2% |
| 2010 | 14.9% | -6.4% |
| 2011 | 14.6% | -2.5% |
| 2012 | 14.0% | -3.9% |
| 2013 | 14.6% | +4.1% |
| 2014 | 15.5% | +6.0% |
| 2015 | 14.6% | -5.4% |
| 2016 | 12.7% | -13.3% |
| 2017 | 12.5% | -1.2% |
| 2018 | 14.6% | +16.9% |
| 2019 | 13.3% | -9.2% |
| 2020 | 14.7% | +10.5% |
| 2021 | 12.5% | -14.8% |
| 2022 | 11.1% | -11.5% |
| 2023 | 11.0% | -0.9% |
| 2024 | 10.7% | -2.4% |
| 2025 | 10.7% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.0% | 15.8% | 20.8% | 10 |
| 1990s | 27.9% | 22.5% | 32.4% | 10 |
| 2000s | 18.0% | 14.0% | 21.7% | 10 |
| 2010s | 14.1% | 12.5% | 15.5% | 10 |
| 2020s | 11.8% | 10.7% | 14.7% | 6 |
Countries ranked near Cape Verde
- 182 Montenegro 11.3% compare
- 183 Cyprus 11.1% compare
- 184 Aruba 10.8% compare
- 186 Saint Lucia 10.7% compare
- 187 French Polynesia 10.6% compare
- 188 Samoa 10.2% compare
More economy & growth data for Cape Verde
- Services, value added (constant LCU), per capita 320,403 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8368 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,851 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.89 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 474,687 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6693 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in Cape Verde?
- Industry (including construction), value added in Cape Verde was 10.7% 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 32.4% in 1992.
- What is the lowest industry (including construction), value added recorded in Cape Verde?
- The lowest recorded value was 10.7% in 2024.
- How does Cape Verde rank for industry (including construction), value added?
- Cape Verde ranks 185th out of 207 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 26.6%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.