Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0
Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0
Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0
Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

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 1.7 USD Billion 2020
GDP Annual Growth Rate -11 % 1Q/21
GDP per capita 3294 USD 2020
Inflation Rate YoY 1.5 % Jun/21
Interest Rate 0.25 % Jun/21
Unemployment Rate 12.3 % 2020
Balance of Trade -4352 CVE Million | -0.047 B USD May/21
Current Account -6674 CVE Million | -0.072 B USD 1Q/21
Foreign Exchange Reserves 58890 CVE Million | 0.633 B USD Apr/21


GDP
vvp
1.7
B USD
#167 from 174 countries
GDP per capita
vvp
3294
USD
#117 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 1.7 USD Billion 2020
GDP Annual Growth Rate -11 % 1Q/21
GDP per capita 3294 USD 2020
GDP Constant Prices 38355 CVE Million | 0.413 B USD 1Q/21
GDP per capita PPP 6045 USD 2020
GDP From Agriculture  2565 CVE Million | 0.028 B USD 1Q/21
GDP From Construction  4336 CVE Million | 0.047 B USD 1Q/21
GDP From Manufacturing  2732 CVE Million | 0.029 B USD 1Q/21
GDP From Mining  87 CVE Million | 0.001 B USD 1Q/21
GDP From Public Administration  7808 CVE Million | 0.084 B USD 1Q/21
GDP From Services  4934 CVE Million | 0.053 B USD 1Q/21
GDP From Transport  2623 CVE Million | 0.028 B USD 1Q/21
GDP From Utilities  1270 CVE Million | 0.014 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 156 % 2020
Government Spending 8172 CVE Million | 0.088 B USD 1Q/21
Government Revenues 8493 CVE Million | 0.091 B USD 1Q/21
Government Budget to GDP -8.9 % 2020
Military Expenditure 11 USD Million | 0.011 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 103 Index Points May/21
Food Inflation -0.9 % May/21
Inflation Rate YoY 1.5 % Jun/21
Inflation Rate Mom 0.5 % May/21
Core Consumer Prices 103 Index Points May/21
Core Inflation Rate 1.8 % May/21
CPI Housing Utilities 101 Index Points May/21
CPI Transportation 105 Index Points May/21


Trade Indicators

Indicator Data Period
Current Account to GDP -15.6 % 2020
Balance of Trade -4352 CVE Million | -0.047 B USD May/21
Capital Flows -3441 CVE Million | -37008.117 B USD 1Q/21
Current Account -6674 CVE Million | -0.072 B USD 1Q/21
Exports 5233 CVE Million | 0.056 B USD Apr/21
Foreign Exchange Reserves 58890 CVE Million | 0.633 B USD Apr/21
Imports 5428 CVE Million | 0.058 B USD Apr/21
Tourist Arrivals 12.1 Persons | 0 Million Persons 1Q/21


Money Indicators

Indicator Data Period
Interest Rate 0.25 % Jun/21
Money Supply M0 108895 CVE Million | 1.171 B USD Apr/21
Money Supply M1 92426 CVE Million | 0.994 B USD Apr/21
Money Supply M2 201321 CVE Million | 2.165 B USD Apr/21
Deposit Interest Rate 0.88 % 2020
Foreign Direct Investment 1887 CVE Million | 0.02 B USD 4Q/20
Private Sector Credit  117488 CVE Million | 1.264 B USD Apr/21


Labor Indicators

Indicator Data Period
Minimum Wages 15000 CVE/Month | 161.326 USD/Month 2021
Unemployment Rate 12.3 % 2020
Youth Unemployment Rate 28.37 % 2020
Employed Persons 186627 Thousand Person | 186.627 Million Person 2020
Employment Rate  45.3 % 2020
Labor Force Participation Rate 57.04 % 2020
Unemployed Persons 31724 Thousand Persons | 31.724 Million Persons 2020


Taxes

Indicator Data Period
Sales Tax Rate 15 % 2021


Business Indicators

Indicator Data Period
Business Confidence -11 Index Points 1Q/21
Corruption Index 58 Index Points 2020
Corruption Rank 41 place 2020
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 14 Index Points 1Q/21
Consumer Spending 21797 CVE Million | 0.234 B USD 1Q/21


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.633
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
1.5
%
#129 from 174 countries


Interest Rate
discount_rate_icon
0.25
%
#56 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
12.3
%
#33 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries