Full Year GDP Growth in Cape Verde increased to 7.30 percent in 2024 from 5.40 percent in 2023. Full Year GDP Growth in Cape Verde averaged 2.95 percent from 2008 until 2024, reaching an all time high of 17.40 percent in 2022 and a record low of -19.60 percent in 2020.

Full Year GDP Growth in Cape Verde is expected to reach 5.20 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Full Year GDP Growth is projected to trend around 5.00 percent in 2026 and 4.80 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 7.30 5.40 percent Dec 2024
GDP 2.77 2.54 USD Billion Dec 2024
GDP Growth Rate YoY 3.70 6.60 percent Mar 2025
GDP Constant Prices 60498.00 62344.00 CVE Million Mar 2025
GDP from Agriculture 3020.00 1652.60 CVE Million Mar 2025
GDP from Construction 1748.50 1600.00 CVE Million Mar 2025
GDP from Manufacturing 2760.70 2991.10 CVE Million Mar 2025
GDP from Mining 101.70 93.10 CVE Million Mar 2025
GDP from Public Administration 6351.90 8286.80 CVE Million Mar 2025
GDP from Services 5843.10 5765.20 CVE Million Mar 2025
GDP from Transport 7779.60 7266.30 CVE Million Mar 2025
GDP from Utilities 3864.30 4025.90 CVE Million Mar 2025
GDP Growth Rate -3.00 10.90 percent Mar 2025
GDP per Capita 4475.45 4192.40 USD Dec 2024
GDP per Capita PPP 9907.59 9280.98 USD Dec 2024
Gross Fixed Capital Formation 11321.00 10607.00 CVE Million Mar 2025



Cape Verde Full Year GDP Growth
Actual Previous Highest Lowest Dates Unit Frequency
7.30 5.40 17.40 -19.60 2008 - 2024 percent Yearly
2014=100, NSA