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Economy of Cape Verde. Statistics, Data and Indicators

flag
Cape Verde
N/AN/A Credit rank #
N/A Quality of life #
41 Corruption rank#43
137 Ease of doing business#117
Cape Verde


Cape Verde Major Economic Indicators

Indicator Data Period
GDP Value 1.98 USD Billion 2019
GDP Annual Growth Rate -31.7 % 2Q/20
GDP per capita 3908 USD 2019
Inflation Rate YoY 0.3 % Oct/20
Interest Rate 1 % Sep/20
Unemployment Rate 11.29 % 2019
Balance of Trade -4352 CVE Million | -0.048 B USD May/21
Current Account -8182 CVE Million | -0.09 B USD 2Q/20
Foreign Exchange Reserves 72276 CVE Million | 0.794 B USD Aug/20


GDP
vvp
1.98
B USD
#167 from 174 countries
GDP per capita
vvp
3908
USD
#117 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 1.98 USD Billion 2019
GDP Annual Growth Rate -31.7 % 2Q/20
GDP per capita 3908 USD 2019
GDP Constant Prices 28374 CVE Million | 0.312 B USD 2Q/20
GDP per capita PPP 7172 USD 2019
GDP From Agriculture  2272 CVE Million | 0.025 B USD 2Q/20
GDP From Construction  2701 CVE Million | 0.03 B USD 2Q/20
GDP From Manufacturing  1627 CVE Million | 0.018 B USD 2Q/20
GDP From Mining  55 CVE Million | 0.001 B USD 2Q/20
GDP From Public Administration  7198 CVE Million | 0.079 B USD 2Q/20
GDP From Services  2653 CVE Million | 0.029 B USD 2Q/20
GDP From Transport  1128 CVE Million | 0.012 B USD 2Q/20
GDP From Utilities  1248 CVE Million | 0.014 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 125 % 2019
Government Spending 7040 CVE Million | 0.077 B USD 2Q/20
Government Revenues 7799 CVE Million | 0.086 B USD 2Q/20
Government Budget to GDP -1.8 % 2019
Military Expenditure 10 USD Million | 0.01 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 102 Index Points Oct/20
Food Inflation 0.2 % Oct/20
Inflation Rate YoY 0.3 % Oct/20
Inflation Rate Mom -0.1 % Oct/20
Core Consumer Prices 102 Index Points Oct/20
Core Inflation Rate 0.8 % Oct/20
CPI Housing Utilities 100 Index Points Oct/20
CPI Transportation 102 Index Points Oct/20


Trade Indicators

Indicator Data Period
Current Account to GDP -0.2 % 2019
Balance of Trade -4352 CVE Million | -0.048 B USD May/21
Capital Flows -4183 CVE Million | -45939.52 B USD 2Q/20
Current Account -8182 CVE Million | -0.09 B USD 2Q/20
Exports 324 CVE Million | 0.004 B USD Aug/20
Foreign Exchange Reserves 72276 CVE Million | 0.794 B USD Aug/20
Imports 5741 CVE Million | 0.063 B USD Aug/20
Tourist Arrivals 170778 Persons | 0.171 Million Persons 1Q/20


Money Indicators

Indicator Data Period
Interest Rate 1 % Sep/20
Money Supply M0 108117 CVE Million | 1.187 B USD Aug/20
Money Supply M1 90567 CVE Million | 0.995 B USD Aug/20
Money Supply M2 198684 CVE Million | 2.182 B USD Aug/20
Deposit Interest Rate 1.5 % 2019
Foreign Direct Investment 1309 CVE Million | 0.014 B USD 2Q/20
Private Sector Credit  110646 CVE Million | 1.215 B USD Aug/20


Labor Indicators

Indicator Data Period
Minimum Wages 13000 CVE/Month | 142.772 USD/Month 2020
Unemployment Rate 11.29 % 2019
Youth Unemployment Rate 24.9 % 2019
Employed Persons 206344 Thousand Person | 206.344 Million Person 2019
Employment Rate  50.9 % 2019
Labor Force Participation Rate 57.4 % 2019
Unemployed Persons 26259 Thousand Persons | 26.259 Million Persons 2019


Taxes

Indicator Data Period
Sales Tax Rate 15 % 2020


Business Indicators

Indicator Data Period
Business Confidence -10 Index Points 3Q/20
Corruption Index 58 Index Points 2019
Corruption Rank 41 place 2019
Ease of Doing Business 137 place 2019
Competitiveness Index 50.83 Index Points 2019
Competitiveness Rank 112 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 13 Index Points 2Q/20
Consumer Spending 22550 CVE Million | 0.248 B USD 2Q/20


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.794
B USD
#105 from 114 countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
0.3
%
#129 from 174 countries


Interest Rate
discount_rate_icon
1
%
#56 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
11.29
%
#33 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries