Cape Verde GDP

The Gross Domestic Product (GDP) in Cape Verde was worth 1.89 billion US dollars in 2012. The GDP value of Cape Verde represents less than 0.01 percent of the world economy. GDP in Cape Verde is reported by the World Bank. From 1980 until 2012, Cape Verde GDP averaged 0.7 USD Billion reaching an all time high of 1.9 USD Billion in December of 2011 and a record low of 0.1 USD Billion in December of 1984. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Cape Verde GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.89 1.90 1.90 0.13 2.03 | 2014/06 1980 - 2012 USD Billion Yearly

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Cape Verde GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 1.89 2012-12-31 1.90 1.90 0.13 2.03 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 1.00 2012-12-31 1.70 10.90 -1.30 2.18 2013-12-31 Percent [+]
GDP per capita 2986.70 2012-12-31 2886.20 2986.70 772.80 3133.22 2014-06-30 USD [+]
GDP per capita PPP 3818.17 2012-12-31 3689.73 3818.17 987.89 4005.37 2014-06-30 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Cape Verde Inflation Rate at 0.60 Percent  
The inflation rate in Cape Verde was recorded at 0.60 percent in March of 2014. Inflation Rate in Cape Verde is reported by the INE, Cape Verde.
Cape Verde Interest Rate at 8.25 Percent  
The benchmark interest rate in Cape Verde was last recorded at 8.25 percent. Interest Rate in Cape Verde is reported by the Banco de Cabo Verde.
Cape Verde Sales Tax Rate | VAT at 15.00 Percent  
The Sales Tax Rate in Cape Verde stands at 15 percent. Sales Tax Rate in Cape Verde is reported by the Ministry of Finance.
Cape Verde Balance of Trade at -4504.30 CVE Million  
Cape Verde recorded a trade deficit of 4504.30 CVE Million in November of 2013. Balance of Trade in Cape Verde is reported by the Banco de Cabo Verde.
Cape Verde Imports at 4989.99 CVE Million  
Imports in Cape Verde decreased to 4989.99 CVE Million in November of 2013 from 6720.37 CVE Million in October of 2013. Imports in Cape Verde is reported by the Banco de Cabo Verde.
Cape Verde Exports at 485.69 CVE Million  
Exports in Cape Verde decreased to 485.69 CVE Million in November of 2013 from 591.68 CVE Million in October of 2013. Exports in Cape Verde is reported by the Banco de Cabo Verde.
Cape Verde Current Account at -562.42 CVE Million  
Cape Verde recorded a Current Account deficit of 562.42 CVE Million in the third quarter of 2013. Current Account in Cape Verde is reported by the Banco de Cabo Verde.
Cape Verde Consumer Confidence at 13.00  
Consumer Confidence in Cape Verde decreased to 13 in the fourth quarter of 2013 from 16 in the third quarter of 2013. Consumer Confidence in Cape Verde is reported by the INE, Cape Verde.
Cape Verde Foreign Exchange Reserves at 33516.90 Escudo Million  
Gross Foreign Exchange Reserves in Cape Verde decreased to 33516.90 Escudo Million in October of 2013 from 33673 Escudo Million in September of 2013. Foreign Exchange Reserves in Cape Verde is reported by the Banco de Cabo Verde.
Cape Verde Money Supply M2 at 129469.60 Escudo Million  
Money Supply M2 in Cape Verde increased to 129469.60 Escudo Million in October of 2013 from 129306.90 Escudo Million in September of 2013. Money Supply M2 in Cape Verde is reported by the Banco de Cabo Verde.
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