Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Cape Verde
Cape Verde: Services, value added (constant 2015 US$), per unit of GDP (unit GDP) was 0.5562 constant 2015 US$ per US$ of GDP in 2025. ▼ Falling
Services, value added (constant 2015 US$), per unit of GDP in Cape Verde, 1980–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, services, value added (constant 2015 us$), per unit of gdp in Cape Verde stood at 0.5562 constant 2015 US$ per US$ of GDP.
That represents a change of down 5.6% on the previous year and down 17.2% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Cape Verde peaked at 1.33 constant 2015 US$ per US$ of GDP in 1984 and was at its lowest, 0.5375 constant 2015 US$ per US$ of GDP, in 1993.
Cape Verde ranks 53rd of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 46 years of available data.
Services, value added (constant 2015 US$), per unit of GDP (unit GDP) in Cape Verde, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.876 constant 2015 US$ per US$ of GDP | — |
| 1981 | 0.9997 constant 2015 US$ per US$ of GDP | +14.1% |
| 1982 | 1.08 constant 2015 US$ per US$ of GDP | +8.4% |
| 1983 | 1.21 constant 2015 US$ per US$ of GDP | +11.3% |
| 1984 | 1.33 constant 2015 US$ per US$ of GDP | +10.3% |
| 1985 | 1.33 constant 2015 US$ per US$ of GDP | -0.1% |
| 1986 | 0.9825 constant 2015 US$ per US$ of GDP | -26.1% |
| 1987 | 0.7712 constant 2015 US$ per US$ of GDP | -21.5% |
| 1988 | 0.7301 constant 2015 US$ per US$ of GDP | -5.3% |
| 1989 | 0.7684 constant 2015 US$ per US$ of GDP | +5.3% |
| 1990 | 0.6931 constant 2015 US$ per US$ of GDP | -9.8% |
| 1991 | 0.683 constant 2015 US$ per US$ of GDP | -1.5% |
| 1992 | 0.6843 constant 2015 US$ per US$ of GDP | +0.2% |
| 1993 | 0.5375 constant 2015 US$ per US$ of GDP | -21.5% |
| 1994 | 0.783 constant 2015 US$ per US$ of GDP | +45.7% |
| 1995 | 0.7536 constant 2015 US$ per US$ of GDP | -3.7% |
| 1996 | 0.8182 constant 2015 US$ per US$ of GDP | +8.6% |
| 1997 | 0.9712 constant 2015 US$ per US$ of GDP | +18.7% |
| 1998 | 1.04 constant 2015 US$ per US$ of GDP | +7.3% |
| 1999 | 1.01 constant 2015 US$ per US$ of GDP | -3.3% |
| 2000 | 1.29 constant 2015 US$ per US$ of GDP | +28.6% |
| 2001 | 1.33 constant 2015 US$ per US$ of GDP | +2.5% |
| 2002 | 1.28 constant 2015 US$ per US$ of GDP | -3.6% |
| 2003 | 1.03 constant 2015 US$ per US$ of GDP | -19.8% |
| 2004 | 1.01 constant 2015 US$ per US$ of GDP | -2.1% |
| 2005 | 1.03 constant 2015 US$ per US$ of GDP | +2.0% |
| 2006 | 0.9811 constant 2015 US$ per US$ of GDP | -4.5% |
| 2007 | 0.613 constant 2015 US$ per US$ of GDP | -37.5% |
| 2008 | 0.5444 constant 2015 US$ per US$ of GDP | -11.2% |
| 2009 | 0.5729 constant 2015 US$ per US$ of GDP | +5.2% |
| 2010 | 0.6008 constant 2015 US$ per US$ of GDP | +4.9% |
| 2011 | 0.5552 constant 2015 US$ per US$ of GDP | -7.6% |
| 2012 | 0.6136 constant 2015 US$ per US$ of GDP | +10.5% |
| 2013 | 0.579 constant 2015 US$ per US$ of GDP | -5.6% |
| 2014 | 0.5761 constant 2015 US$ per US$ of GDP | -0.5% |
| 2015 | 0.6715 constant 2015 US$ per US$ of GDP | +16.6% |
| 2016 | 0.6769 constant 2015 US$ per US$ of GDP | +0.8% |
| 2017 | 0.6557 constant 2015 US$ per US$ of GDP | -3.1% |
| 2018 | 0.6152 constant 2015 US$ per US$ of GDP | -6.2% |
| 2019 | 0.6512 constant 2015 US$ per US$ of GDP | +5.8% |
| 2020 | 0.6196 constant 2015 US$ per US$ of GDP | -4.8% |
| 2021 | 0.6139 constant 2015 US$ per US$ of GDP | -0.9% |
| 2022 | 0.6375 constant 2015 US$ per US$ of GDP | +3.9% |
| 2023 | 0.5964 constant 2015 US$ per US$ of GDP | -6.5% |
| 2024 | 0.5893 constant 2015 US$ per US$ of GDP | -1.2% |
| 2025 | 0.5562 constant 2015 US$ per US$ of GDP | -5.6% |
Cape Verde compared with similar countries
- Cape Verde's 0.5562 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.5012 constant 2015 US$ per US$ of GDP, 1.1× the median. (58 countries reporting)
- Cape Verde's 0.5562 constant 2015 US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.4003 constant 2015 US$ per US$ of GDP, 1.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.01 constant 2015 US$ per US$ of GDP | 0.7301 constant 2015 US$ per US$ of GDP | 1.33 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.7973 constant 2015 US$ per US$ of GDP | 0.5375 constant 2015 US$ per US$ of GDP | 1.04 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.9676 constant 2015 US$ per US$ of GDP | 0.5444 constant 2015 US$ per US$ of GDP | 1.33 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.6195 constant 2015 US$ per US$ of GDP | 0.5552 constant 2015 US$ per US$ of GDP | 0.6769 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.6022 constant 2015 US$ per US$ of GDP | 0.5562 constant 2015 US$ per US$ of GDP | 0.6375 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Cape Verde
- 50 Canada 0.5637 constant 2015 US$ per US$ of GDP compare
- 51 Pakistan 0.5634 constant 2015 US$ per US$ of GDP compare
- 52 Cuba 0.5615 constant 2015 US$ per US$ of GDP compare
- 54 Grenada 0.5541 constant 2015 US$ per US$ of GDP compare
- 55 China 0.5515 constant 2015 US$ per US$ of GDP compare
- 56 Kiribati 0.5493 constant 2015 US$ per US$ of GDP compare
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 services, value added (constant 2015 us$), per unit of gdp in Cape Verde?
- Services, value added (constant 2015 us$), per unit of gdp in Cape Verde was 0.5562 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Cape Verde?
- The highest recorded value was 1.33 constant 2015 US$ per US$ of GDP in 1984.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Cape Verde?
- The lowest recorded value was 0.5375 constant 2015 US$ per US$ of GDP in 1993.
- How does Cape Verde rank for services, value added (constant 2015 us$), per unit of gdp?
- Cape Verde ranks 53rd out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Cape Verde?
- Over the last ten years it is down 17.2%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.