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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 -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
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 -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
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.722
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
-0.9
%
#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