Services, value added (current US$), annual growth rate in Cape Verde
Cape Verde: Services, value added (current US$), annual growth rate was 11.14 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Cape Verde, 1981–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cape Verde recorded 11.14 % change on previous year for services, value added (current us$), annual growth rate in 2025.
The figure is up 34.7% on the previous year and up 175.2% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Cape Verde peaked at 65.62 % change on previous year in 1993 and was at its lowest, -30.34 % change on previous year, in 1994.
That places Cape Verde 62nd out of 204 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 1.69 % change on previous year | — |
| 1982 | 7.97 % change on previous year | +372.0% |
| 1983 | -2.83 % change on previous year | -135.5% |
| 1984 | -4.83 % change on previous year | +70.8% |
| 1985 | 2.09 % change on previous year | -143.2% |
| 1986 | 37.47 % change on previous year | +1695.3% |
| 1987 | 14.57 % change on previous year | -61.1% |
| 1988 | 11.2 % change on previous year | -23.1% |
| 1989 | 1.24 % change on previous year | -88.9% |
| 1990 | 1.12 % change on previous year | -9.8% |
| 1991 | 5.6 % change on previous year | +401.1% |
| 1992 | 10.77 % change on previous year | +92.3% |
| 1993 | 65.62 % change on previous year | +509.5% |
| 1994 | -30.34 % change on previous year | -146.2% |
| 1995 | 22.87 % change on previous year | -175.4% |
| 1996 | 4.1 % change on previous year | -82.1% |
| 1997 | 3.56 % change on previous year | -13.3% |
| 1998 | 7.34 % change on previous year | +106.6% |
| 1999 | 14.06 % change on previous year | +91.5% |
| 2000 | -5.51 % change on previous year | -139.2% |
| 2001 | 10.88 % change on previous year | -297.5% |
| 2002 | 12.06 % change on previous year | +10.9% |
| 2003 | 32.43 % change on previous year | +168.9% |
| 2004 | 14.67 % change on previous year | -54.8% |
| 2005 | 4.92 % change on previous year | -66.4% |
| 2006 | 15.19 % change on previous year | +208.6% |
| 2007 | 38.12 % change on previous year | +151.0% |
| 2008 | 17.32 % change on previous year | -54.6% |
| 2009 | -5.15 % change on previous year | -129.7% |
| 2010 | -0.4135 % change on previous year | -92.0% |
| 2011 | 11.86 % change on previous year | -2967.6% |
| 2012 | -4.57 % change on previous year | -138.5% |
| 2013 | 5.09 % change on previous year | -211.4% |
| 2014 | -0.0855 % change on previous year | -101.7% |
| 2015 | -14.81 % change on previous year | +17224.1% |
| 2016 | 9.07 % change on previous year | -161.2% |
| 2017 | 8.45 % change on previous year | -6.9% |
| 2018 | 6.98 % change on previous year | -17.4% |
| 2019 | 5.77 % change on previous year | -17.4% |
| 2020 | -23.57 % change on previous year | -508.8% |
| 2021 | 17.01 % change on previous year | -172.1% |
| 2022 | 10.26 % change on previous year | -39.7% |
| 2023 | 11.27 % change on previous year | +9.9% |
| 2024 | 8.27 % change on previous year | -26.6% |
| 2025 | 11.14 % change on previous year | +34.7% |
Cape Verde compared with similar countries
- Cape Verde's 11.14 % change on previous year is above the median for upper middle income countries, which is 8.4 % change on previous year, 1.3× the median. (58 countries reporting)
- Cape Verde's 11.14 % change on previous year is below the median for Sub-Saharan Africa, which is 11.28 % change on previous year, 99% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | -17224.1% | -0.0855 % change on previous year | -14.81 % change on previous year |
| 2011 | +2967.6% | -0.4135 % change on previous year | 11.86 % change on previous year |
| 1986 | +1695.3% | 2.09 % change on previous year | 37.47 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.62 % change on previous year | -4.83 % change on previous year | 37.47 % change on previous year | 9 |
| 1990s | 10.47 % change on previous year | -30.34 % change on previous year | 65.62 % change on previous year | 10 |
| 2000s | 13.49 % change on previous year | -5.51 % change on previous year | 38.12 % change on previous year | 10 |
| 2010s | 2.73 % change on previous year | -14.81 % change on previous year | 11.86 % change on previous year | 10 |
| 2020s | 5.73 % change on previous year | -23.57 % change on previous year | 17.01 % change on previous year | 6 |
Countries ranked near Cape Verde
- 59 Armenia 11.49 % change on previous year compare
- 60 Guinea 11.43 % change on previous year compare
- 61 Moldova 11.29 % change on previous year compare
- 63 Ireland 10.99 % change on previous year compare
- 64 Laos 10.99 % change on previous year compare
- 65 Portugal 10.94 % change on previous year compare
More economy & growth data for Cape Verde
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ 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 (current us$), annual growth rate in Cape Verde?
- Services, value added (current us$), annual growth rate in Cape Verde was 11.14 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Cape Verde?
- The highest recorded value was 65.62 % change on previous year in 1993.
- What is the lowest services, value added (current us$), annual growth rate recorded in Cape Verde?
- The lowest recorded value was -30.34 % change on previous year in 1994.
- How does Cape Verde rank for services, value added (current us$), annual growth rate?
- Cape Verde ranks 62nd out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Cape Verde?
- Over the last ten years it is up 175.2%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.