Services, value added in Cape Verde
Cape Verde: Services, value added was 6.3% in 2025. ◆ Volatile
Services, value added in Cape Verde, 1981–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Cape Verde is 6.3%, measured in 2025.
Compared with earlier readings it is down 10.9% on the previous year and up 6,192.9% over ten years.
Over the whole period, services, value added in Cape Verde peaked at 20.8% in 1994 and was at its lowest, -23.0%, in 2020.
That places Cape Verde 28th out of 195 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.8% | -3.1% | 11.9% | 9 |
| 1990s | 11.4% | 2.7% | 20.8% | 10 |
| 2000s | 6.1% | -6.9% | 17.0% | 10 |
| 2010s | 3.3% | -0.1% | 8.1% | 10 |
| 2020s | 3.3% | -23.0% | 13.7% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- External balance on goods and services as a percent of GDP -11.4% (2025)
- Inflation of consumer prices 2.3% (2025)
- GDP per capita 4,696 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.2% (2025)
- Gross domestic product (GDP) 2.48 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,696 constant 2015 US$ (2025)
- DEC alternative conversion factor 97.86 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 48.85 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 499.14 million current US$ (2025)
- Taxes less subsidies on products 48.82 billion current LCU (2025)
Frequently asked questions
- What is services, value added in Cape Verde?
- Services, value added in Cape Verde was 6.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Cape Verde?
- The highest recorded value was 20.8% in 1994.
- What is the lowest services, value added recorded in Cape Verde?
- The lowest recorded value was -23.0% in 2020.
- How does Cape Verde rank for services, value added?
- Cape Verde ranks 28th out of 195 countries with data for 2025.
- Is services, value added rising or falling in Cape Verde?
- Over the last ten years it is up 6,192.9%. 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 Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.