Inflation, GDP deflator (annual %) in Cape Verde
Cape Verde: Inflation, GDP deflator (annual %) was 1.7% in 2025. ◆ Volatile
Inflation, GDP deflator in Cape Verde, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
Cape Verde recorded 1.7% for inflation, gdp deflator in 2025.
The figure is up 25.3% on the previous year and up 7.6% over ten years.
Over the whole period, inflation, gdp deflator in Cape Verde peaked at 49.4% in 1993 and was at its lowest, -29.2%, in 1994.
Cape Verde ranks 161st of 214 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator (annual %) in Cape Verde, year by year
| Year | annual % | Change |
|---|---|---|
| 1981 | 9.6% | — |
| 1982 | 17.4% | +81.6% |
| 1983 | 10.6% | -39.3% |
| 1984 | 8.8% | -17.0% |
| 1985 | 3.7% | -58.2% |
| 1986 | 17.7% | +382.5% |
| 1987 | 7.0% | -60.6% |
| 1988 | 5.4% | -22.3% |
| 1989 | 3.6% | -33.8% |
| 1990 | 2.3% | -34.6% |
| 1991 | 4.8% | +104.3% |
| 1992 | -4.1% | -185.9% |
| 1993 | 49.4% | -1299.1% |
| 1994 | -29.2% | -159.1% |
| 1995 | -1.5% | -94.7% |
| 1996 | -0.5% | -64.7% |
| 1997 | -0.8% | +52.9% |
| 1998 | -0.3% | -59.8% |
| 1999 | 7.6% | -2365.6% |
| 2000 | -7.9% | -203.8% |
| 2001 | 5.2% | -165.2% |
| 2002 | -0.4% | -107.0% |
| 2003 | 4.9% | -1454.9% |
| 2004 | -6.3% | -228.7% |
| 2005 | -1.8% | -71.7% |
| 2006 | 4.6% | -358.5% |
| 2007 | 18.6% | +300.2% |
| 2008 | 3.7% | -80.0% |
| 2009 | 2.0% | -47.4% |
| 2010 | 0.7% | -66.5% |
| 2011 | 2.7% | +319.8% |
| 2012 | 0.7% | -75.3% |
| 2013 | 1.4% | +110.3% |
| 2014 | -0.1% | -107.0% |
| 2015 | 1.6% | -1715.2% |
| 2016 | 1.7% | +3.7% |
| 2017 | 1.3% | -22.8% |
| 2018 | 1.7% | +31.4% |
| 2019 | 0.7% | -59.2% |
| 2020 | 0.4% | -47.3% |
| 2021 | 1.3% | +268.7% |
| 2022 | 6.3% | +369.9% |
| 2023 | 3.3% | -48.6% |
| 2024 | 1.4% | -57.3% |
| 2025 | 1.7% | +25.3% |
Cape Verde compared with similar countries
- Cape Verde's 1.7% is below the median for upper middle income countries, which is 3.3%, 52% of the median. (59 countries reporting)
- Cape Verde's 1.7% is below the median for Sub-Saharan Africa, which is 4.3%, 40% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator (annual %) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +2365.6% | -0.3% | 7.6% |
| 2015 | +1715.2% | -0.1% | 1.6% |
| 2003 | +1454.9% | -0.4% | 4.9% |
| 1993 | +1299.1% | -4.1% | 49.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.3% | 3.6% | 17.7% | 9 |
| 1990s | 2.8% | -29.2% | 49.4% | 10 |
| 2000s | 2.3% | -7.9% | 18.6% | 10 |
| 2010s | 1.2% | -0.1% | 2.7% | 10 |
| 2020s | 2.4% | 0.4% | 6.3% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- 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)
- IMF holdings of currency, SDR, annual growth rate -0.4522 % change on previous year (2025)
Frequently asked questions
- What is inflation, gdp deflator in Cape Verde?
- Inflation, gdp deflator in Cape Verde was 1.7% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Cape Verde?
- The highest recorded value was 49.4% in 1993.
- What is the lowest inflation, gdp deflator recorded in Cape Verde?
- The lowest recorded value was -29.2% in 1994.
- How does Cape Verde rank for inflation, gdp deflator?
- Cape Verde ranks 161st out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Cape Verde?
- Over the last ten years it is up 7.6%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.