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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 -14.6 % 4Q/20
GDP per capita 3908 USD 2019
Inflation Rate YoY 0 % Apr/21
Interest Rate 0.25 % Apr/21
Unemployment Rate 12.3 % 2020
Balance of Trade -4352 CVE Million | -0.048 B USD May/21
Current Account -8731 CVE Million | -0.096 B USD 4Q/20
Foreign Exchange Reserves 60323 CVE Million | 0.666 B USD Feb/21


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 -14.6 % 4Q/20
GDP per capita 3908 USD 2019
GDP Constant Prices 37581 CVE Million | 0.415 B USD 4Q/20
GDP per capita PPP 7172 USD 2019
GDP From Agriculture  1156 CVE Million | 0.013 B USD 4Q/20
GDP From Construction  4469 CVE Million | 0.049 B USD 4Q/20
GDP From Manufacturing  2565 CVE Million | 0.028 B USD 4Q/20
GDP From Mining  90 CVE Million | 0.001 B USD 4Q/20
GDP From Public Administration  8124 CVE Million | 0.09 B USD 4Q/20
GDP From Services  3746 CVE Million | 0.041 B USD 4Q/20
GDP From Transport  2967 CVE Million | 0.033 B USD 4Q/20
GDP From Utilities  1296 CVE Million | 0.014 B USD 4Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 125 % 2019
Government Spending 7067 CVE Million | 0.078 B USD 3Q/20
Government Revenues 43751 CVE Million | 0.483 B USD 4Q/20
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) 102 Index Points Apr/21
Food Inflation -3.3 % Mar/21
Inflation Rate YoY 0 % Apr/21
Inflation Rate Mom 0.1 % Apr/21
Core Consumer Prices 103 Index Points Mar/21
Core Inflation Rate 1 % Mar/21
CPI Housing Utilities 101 Index Points Mar/21
CPI Transportation 104 Index Points Mar/21


Trade Indicators

Indicator Data Period
Current Account to GDP -15.6 % 2020
Balance of Trade -4352 CVE Million | -0.048 B USD May/21
Capital Flows 939 CVE Million | 10370.374 B USD 4Q/20
Current Account -8731 CVE Million | -0.096 B USD 4Q/20
Exports 186 CVE Million | 0.002 B USD Feb/21
Foreign Exchange Reserves 60323 CVE Million | 0.666 B USD Feb/21
Imports 4805 CVE Million | 0.053 B USD Feb/21
Tourist Arrivals 9034 Persons | 0.009 Million Persons 4Q/20


Money Indicators

Indicator Data Period
Interest Rate 0.25 % Apr/21
Money Supply M0 110071 CVE Million | 1.216 B USD Feb/21
Money Supply M1 92422 CVE Million | 1.021 B USD Feb/21
Money Supply M2 202493 CVE Million | 2.236 B USD Feb/21
Deposit Interest Rate 0.88 % 2020
Foreign Direct Investment 1887 CVE Million | 0.021 B USD 4Q/20
Private Sector Credit  115346 CVE Million | 1.274 B USD Feb/21


Labor Indicators

Indicator Data Period
Minimum Wages 13000 CVE/Month | 143.573 USD/Month 2020
Unemployment Rate 12.3 % 2020
Youth Unemployment Rate 28.37 % 2020
Employed Persons 206344 Thousand Person | 206.344 Million Person 2019
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 8 Index Points 4Q/20
Consumer Spending 24395 CVE Million | 0.269 B USD 3Q/20


Gold Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.666
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
%
#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