Economy of Cape Verde. Statistics, Data and Indicators
Cape Verde
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 41 | Corruption rank#43 |
| 137 | Ease of doing business#117 |
Cape Verde Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.98 USD Billion | 2019 |
| GDP Annual Growth Rate | -18.2 % | 3Q/20 |
| GDP per capita | 3908 USD | 2019 |
| Inflation Rate YoY | -0.9 % | Jan/21 |
| Interest Rate | 1 % | Sep/20 |
| Unemployment Rate | 11.29 % | 2019 |
| Balance of Trade | -4352 CVE Million | -0.047 B USD | May/21 |
| Current Account | -8631 CVE Million | -0.093 B USD | 3Q/20 |
| Foreign Exchange Reserves | 66704 CVE Million | 0.722 B USD | Nov/20 |
GDP
1.98
B USD
#167 from 174 countries
GDP per capita
3908
USD
#117 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.98 USD Billion | 2019 |
| GDP Annual Growth Rate | -18.2 % | 3Q/20 |
| GDP per capita | 3908 USD | 2019 |
| GDP Constant Prices | 34268 CVE Million | 0.371 B USD | 3Q/20 |
| GDP per capita PPP | 7172 USD | 2019 |
| GDP From Agriculture | 1327 CVE Million | 0.014 B USD | 3Q/20 |
| GDP From Construction | 4565 CVE Million | 0.049 B USD | 3Q/20 |
| GDP From Manufacturing | 2026 CVE Million | 0.022 B USD | 3Q/20 |
| GDP From Mining | 92 CVE Million | 0.001 B USD | 3Q/20 |
| GDP From Public Administration | 7683 CVE Million | 0.083 B USD | 3Q/20 |
| GDP From Services | 3381 CVE Million | 0.037 B USD | 3Q/20 |
| GDP From Transport | 2313 CVE Million | 0.025 B USD | 3Q/20 |
| GDP From Utilities | 1317 CVE Million | 0.014 B USD | 3Q/20 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 125 % | 2019 |
| Government Spending | 7067 CVE Million | 0.077 B USD | 3Q/20 |
| Government Revenues | 30496 CVE Million | 0.33 B USD | 3Q/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) | 101 Index Points | Jan/21 |
| Food Inflation | -3 % | Jan/21 |
| Inflation Rate YoY | -0.9 % | Jan/21 |
| Inflation Rate Mom | -0.3 % | Jan/21 |
| Core Consumer Prices | 102 Index Points | Jan/21 |
| Core Inflation Rate | 0 % | Jan/21 |
| CPI Housing Utilities | 101 Index Points | Jan/21 |
| CPI Transportation | 99.37 Index Points | Jan/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -0.2 % | 2019 |
| Balance of Trade | -4352 CVE Million | -0.047 B USD | May/21 |
| Capital Flows | -6243 CVE Million | -67584.539 B USD | 3Q/20 |
| Current Account | -8631 CVE Million | -0.093 B USD | 3Q/20 |
| Exports | 556 CVE Million | 0.006 B USD | Dec/20 |
| Foreign Exchange Reserves | 66704 CVE Million | 0.722 B USD | Nov/20 |
| Imports | 7135 CVE Million | 0.077 B USD | Dec/20 |
| Tourist Arrivals | 170778 Persons | 0.171 Million Persons | 1Q/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 1 % | Sep/20 |
| Money Supply M0 | 109943 CVE Million | 1.19 B USD | Nov/20 |
| Money Supply M1 | 90370 CVE Million | 0.978 B USD | Nov/20 |
| Money Supply M2 | 200313 CVE Million | 2.169 B USD | Nov/20 |
| Deposit Interest Rate | 1.5 % | 2019 |
| Foreign Direct Investment | 2178 CVE Million | 0.024 B USD | 3Q/20 |
| Private Sector Credit | 113253 CVE Million | 1.226 B USD | Nov/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 13000 CVE/Month | 140.733 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 | -15 Index Points | 4Q/20 |
| 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 | 0.264 B USD | 3Q/20 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.722
B USD
#105 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
-0.9
%
#129 from
174 countries
Interest Rate
1
%
#56 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
11.29
%
#33 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
