Services, value added per worker in Cape Verde
Cape Verde: Services, value added per worker was 12,594 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Cape Verde, 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
In 2025, services, value added per worker in Cape Verde stood at 12,594 constant 2015 US$. That is the highest value across all 35 years on record.
The figure is up 4.5% on the previous year and up 30.4% over ten years.
Over the whole period, services, value added per worker in Cape Verde peaked at 12,594 constant 2015 US$ in 2025 and was at its lowest, 3,423 constant 2015 US$, in 1991.
Cape Verde ranks 105th of 176 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Services, value added per worker in Cape Verde, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 3,423 constant 2015 US$ | — |
| 1992 | 3,719 constant 2015 US$ | +8.7% |
| 1993 | 3,905 constant 2015 US$ | +5.0% |
| 1994 | 4,577 constant 2015 US$ | +17.2% |
| 1995 | 5,143 constant 2015 US$ | +12.4% |
| 1996 | 5,608 constant 2015 US$ | +9.0% |
| 1997 | 6,350 constant 2015 US$ | +13.2% |
| 1998 | 7,073 constant 2015 US$ | +11.4% |
| 1999 | 7,599 constant 2015 US$ | +7.4% |
| 2000 | 8,657 constant 2015 US$ | +13.9% |
| 2001 | 8,991 constant 2015 US$ | +3.9% |
| 2002 | 9,273 constant 2015 US$ | +3.1% |
| 2003 | 9,485 constant 2015 US$ | +2.3% |
| 2004 | 10,263 constant 2015 US$ | +8.2% |
| 2005 | 10,710 constant 2015 US$ | +4.4% |
| 2006 | 11,360 constant 2015 US$ | +6.1% |
| 2007 | 10,313 constant 2015 US$ | -9.2% |
| 2008 | 10,641 constant 2015 US$ | +3.2% |
| 2009 | 10,370 constant 2015 US$ | -2.5% |
| 2010 | 9,550 constant 2015 US$ | -7.9% |
| 2011 | 9,737 constant 2015 US$ | +2.0% |
| 2012 | 9,916 constant 2015 US$ | +1.8% |
| 2013 | 9,815 constant 2015 US$ | -1.0% |
| 2014 | 9,743 constant 2015 US$ | -0.7% |
| 2015 | 9,656 constant 2015 US$ | -0.9% |
| 2016 | 10,218 constant 2015 US$ | +5.8% |
| 2017 | 10,633 constant 2015 US$ | +4.1% |
| 2018 | 11,405 constant 2015 US$ | +7.3% |
| 2019 | 11,674 constant 2015 US$ | +2.4% |
| 2020 | 9,980 constant 2015 US$ | -14.5% |
| 2021 | 10,796 constant 2015 US$ | +8.2% |
| 2022 | 11,220 constant 2015 US$ | +3.9% |
| 2023 | 11,451 constant 2015 US$ | +2.1% |
| 2024 | 12,055 constant 2015 US$ | +5.3% |
| 2025 | 12,594 constant 2015 US$ | +4.5% |
Cape Verde compared with similar countries
- Cape Verde's 12,594 constant 2015 US$ is below the median for upper middle income countries, which is 17,624 constant 2015 US$, 71% of the median. (53 countries reporting)
- Cape Verde's 12,594 constant 2015 US$ is above the median for Sub-Saharan Africa, which is 4,658 constant 2015 US$, 2.7× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,266 constant 2015 US$ | 3,423 constant 2015 US$ | 7,599 constant 2015 US$ | 9 |
| 2000s | 10,006 constant 2015 US$ | 8,657 constant 2015 US$ | 11,360 constant 2015 US$ | 10 |
| 2010s | 10,235 constant 2015 US$ | 9,550 constant 2015 US$ | 11,674 constant 2015 US$ | 10 |
| 2020s | 11,349 constant 2015 US$ | 9,980 constant 2015 US$ | 12,594 constant 2015 US$ | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is services, value added per worker in Cape Verde?
- Services, value added per worker in Cape Verde was 12,594 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Cape Verde?
- The highest recorded value was 12,594 constant 2015 US$ in 2025.
- What is the lowest services, value added per worker recorded in Cape Verde?
- The lowest recorded value was 3,423 constant 2015 US$ in 1991.
- How does Cape Verde rank for services, value added per worker?
- Cape Verde ranks 105th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Cape Verde?
- Over the last ten years it is up 30.4%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.