Real gdp growth, annual growth rate in Cabo Verde

Cabo Verde: Real gdp growth, annual growth rate was 51.07 % change on previous year in 2024. ◆ Volatile

Latest (2024)
51.07 % change on previous year
Change on year
up 173.2%
World rank
53rd
of 196 countries
All-time high
357.37 % change on previous year
in 2016
All-time low
-399.44 % change on previous year
in 2020
Years of data
44
1981–2024

Real gdp growth, annual growth rate in Cabo Verde, 1981–2024

-400-20002004001981200220241981: 60.6 % change on previous year1982: -66.6 % change on previous year1983: 237 % change on previous year1984: -60.3 % change on previous year1985: 128.4 % change on previous year1986: -66.8 % change on previous year1987: 50.1 % change on previous year1988: 39.2 % change on previous year1989: -5 % change on previous year1990: -87.9 % change on previous year1991: 102.9 % change on previous year1992: 116.8 % change on previous year1993: 140.2 % change on previous year1994: -5.2 % change on previous year1995: 8.1 % change on previous year1996: -10.7 % change on previous year1997: 14.1 % change on previous year1998: 10.1 % change on previous year1999: 41 % change on previous year2000: -38.7 % change on previous year2001: -15.5 % change on previous year2002: -13.7 % change on previous year2003: 41.5 % change on previous year2004: -34.3 % change on previous year2005: 17.9 % change on previous year2006: 56.9 % change on previous year2007: 66.7 % change on previous year2008: -53.7 % change on previous year2009: -121.4 % change on previous year2010: 222.1 % change on previous year2011: 113.8 % change on previous year2012: -72.4 % change on previous year2013: -41.7 % change on previous year2014: 10.3 % change on previous year2015: 34.3 % change on previous year2016: 357.4 % change on previous year2017: 6.3 % change on previous year2018: -18.5 % change on previous year2019: 87.4 % change on previous year2020: -399.4 % change on previous year2021: 133.8 % change on previous year2022: 125.2 % change on previous year2023: -69.7 % change on previous year2024: 51.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Cabo Verde recorded 51.07 % change on previous year for real gdp growth, annual growth rate in 2024.

The figure is up 173.2% on the previous year and up 396.6% over ten years.

Over the whole period, real gdp growth, annual growth rate in Cabo Verde peaked at 357.37 % change on previous year in 2016 and was at its lowest, -399.44 % change on previous year, in 2020.

That places Cabo Verde 53rd out of 196 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Real gdp growth, annual growth rate in Cabo Verde, year by year

Annual values for Real gdp growth, annual growth rate in Cabo Verde, 1981 to 2024.
Year % change on previous year Change
1981 60.59 % change on previous year —
1982 -66.58 % change on previous year -209.9%
1983 237.03 % change on previous year -456.0%
1984 -60.27 % change on previous year -125.4%
1985 128.44 % change on previous year -313.1%
1986 -66.78 % change on previous year -152.0%
1987 50.09 % change on previous year -175.0%
1988 39.17 % change on previous year -21.8%
1989 -4.99 % change on previous year -112.7%
1990 -87.86 % change on previous year +1662.1%
1991 102.89 % change on previous year -217.1%
1992 116.81 % change on previous year +13.5%
1993 140.18 % change on previous year +20.0%
1994 -5.21 % change on previous year -103.7%
1995 8.11 % change on previous year -255.6%
1996 -10.65 % change on previous year -231.3%
1997 14.12 % change on previous year -232.5%
1998 10.13 % change on previous year -28.2%
1999 40.97 % change on previous year +304.4%
2000 -38.73 % change on previous year -194.5%
2001 -15.54 % change on previous year -59.9%
2002 -13.65 % change on previous year -12.1%
2003 41.55 % change on previous year -404.3%
2004 -34.32 % change on previous year -182.6%
2005 17.92 % change on previous year -152.2%
2006 56.94 % change on previous year +217.7%
2007 66.7 % change on previous year +17.2%
2008 -53.69 % change on previous year -180.5%
2009 -121.37 % change on previous year +126.0%
2010 222.07 % change on previous year -283.0%
2011 113.78 % change on previous year -48.8%
2012 -72.38 % change on previous year -163.6%
2013 -41.7 % change on previous year -42.4%
2014 10.28 % change on previous year -124.7%
2015 34.29 % change on previous year +233.4%
2016 357.37 % change on previous year +942.2%
2017 6.31 % change on previous year -98.2%
2018 -18.55 % change on previous year -394.0%
2019 87.43 % change on previous year -571.4%
2020 -399.44 % change on previous year -556.9%
2021 133.81 % change on previous year -133.5%
2022 125.25 % change on previous year -6.4%
2023 -69.74 % change on previous year -155.7%
2024 51.07 % change on previous year -173.2%

Biggest year-on-year movements

Years where Real gdp growth, annual growth rate in Cabo 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.

YearChange FromTo
1990 -1662.1% -4.99 % change on previous year -87.86 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 35.19 % change on previous year -66.78 % change on previous year 237.03 % change on previous year 9
1990s 32.95 % change on previous year -87.86 % change on previous year 140.18 % change on previous year 10
2000s -9.42 % change on previous year -121.37 % change on previous year 66.7 % change on previous year 10
2010s 69.89 % change on previous year -72.38 % change on previous year 357.37 % change on previous year 10
2020s -31.81 % change on previous year -399.44 % change on previous year 133.81 % change on previous year 5

Countries ranked near Cabo Verde

  1. 50 Panama 58.3 % change on previous year compare
  2. 51 Burundi 56.04 % change on previous year compare
  3. 52 Tunisia 52.38 % change on previous year compare
  4. 54 Oman 46.63 % change on previous year compare
  5. 55 Senegal 44.3 % change on previous year compare
  6. 56 St. Lucia 43.32 % change on previous year compare

See the full ranking of 198 places →

More economy & growth data for Cabo Verde

All data for Cabo Verde →

Frequently asked questions

What is real gdp growth, annual growth rate in Cabo Verde?
Real gdp growth, annual growth rate in Cabo Verde was 51.07 % change on previous year in 2024, according to Statizoid (derived).
What is the highest real gdp growth, annual growth rate recorded in Cabo Verde?
The highest recorded value was 357.37 % change on previous year in 2016.
What is the lowest real gdp growth, annual growth rate recorded in Cabo Verde?
The lowest recorded value was -399.44 % change on previous year in 2020.
How does Cabo Verde rank for real gdp growth, annual growth rate?
Cabo Verde ranks 53rd out of 196 countries with data for 2024.
Is real gdp growth, annual growth rate rising or falling in Cabo Verde?
Over the last ten years it is up 396.6%. The long-run trend across the full record is volatile.
Where does this Cabo Verde data come from?
The figures come from Statizoid (derived), published as part of Real gdp growth, annual growth rate. Statizoid updates them automatically from the source API.

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Real gdp growth, annual growth rate in Cabo Verde. Statizoid, drawing on Statizoid (derived). Retrieved 28 October 2026, from https://economy.statizoid.com/stat/real-gdp-growth-annual-growth-rate/cabo-verde/

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How this figure is calculated

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Real gdp growth, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,619 data points, 1981–2026
Last refreshed

The year-on-year percentage change in Real gdp growth. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.