Cape Verde | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 103.45 104 105 107 108 124 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 3.50 1.09 1.8 2.17 2.3 3.12 percent [+]
GDP 1.63 1.58 1.59 1.6 1.61 1.51 USD Billion [+]
GDP per capita 2738.31 2763 2772 2780 2789 2886 USD [+]
GDP per capita PPP 6295.90 6417 6457 6497 6538 7093 USD [+]
GDP per capita 3578.64 3624 3639 3654 3668 3886 USD [+]
GDP Growth Rate 4.50 3.78 2.31 3.51 1.66 2.9 percent [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 12.40 14.9 14.9 14.9 13.29 13.8 percent [+]
Population 0.52 0.52 0.52 0.52 0.52 0.55 Million [+]
Youth Unemployment Rate 28.60 28.54 28.53 28.53 28.52 28.48 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -1.30 -1.5 -0.3 0.3 0.5 1.5 percent [+]
Food Inflation -1.20 -1.36 -1.49 -1.46 -1.48 -1.47 percent [+]
Consumer Price Index CPI 118.30 119 119 120 120 120 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 7.50 7.5 7.5 7.5 7.5 7 percent [+]
Money Supply M0 102870.80 104546 106167 107769 109369 131945 CVE Million [+]
Money Supply M2 164429.40 139370 138922 138480 138078 138022 CVE Million [+]
Foreign Exchange Reserves 52891.60 53055 53141 53144 53146 53146 CVE Million [+]
Loans to Private Sector 50795.30 52918 53319 53707 54083 58011 CVE Million [+]
Deposit Interest Rate 2.90 2.94 3.03 3.13 3.22 3.14 percent [+]
Money Supply M1 61558.70 72940 70503 68573 67358 68545 CVE Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -5946.20 -6681 -7094 -7335 -7476 -7678 CVE Million [+]
Exports 369.20 323 259 221 199 163 CVE Million [+]
Imports 6315.40 7023 7387 7593 7713 7886 CVE Million [+]
Current Account -230.90 -184 -353 -482 -567 -438 CVE Million [+]
Current Account to GDP -4.30 -7.08 -6.76 -6.43 -6.11 -7.16 percent [+]
Remittances 3708.70 3931 3987 3965 3973 3971 CVE Million [+]
Tourist Arrivals 132443.00 136066 149686 137912 134754 137733 [+]
Foreign Direct Investment 3098.30 2970 2650 2425 2468 2701 CVE Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 123.00 128 129 130 131 136 percent [+]
Government Budget -4.10 -3.05 -2.97 -2.89 -2.81 -4.53 percent of GDP [+]
Military Expenditure 10.60 10.15 10.22 10.29 10.3 10.34 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Business Confidence 0.00 0.48 -0.88 -4.06 -5.42 -3.51 [+]
Ease of Doing Business 129.00 125 125 124 124 125 [+]
Corruption Index 55.00 53.93 53.91 53.88 53.85 54.54 Points [+]
Corruption Rank 40.00 41 41 41 42 47 [+]
Competitiveness Index 3.76 3.63 3.63 3.64 3.64 3.59 Points [+]
Competitiveness Rank 110.00 116 116 116 115 117 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Confidence 8.00 9.07 9.18 8.43 7.63 7.63 [+]
Private Sector Credit 95071.20 95656 96269 96857 97425 103213 CVE Million [+]
Consumer Credit 50936.60 52727 52908 53037 53129 53362 CVE Million [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]





Economic Forecasts for Cape Verde including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Cape Verde economy. 12/4/2016