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 | -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
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 | -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
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.666
B USD
#105 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
0
%
#129 from
174 countries
Interest Rate
0.25
%
#56 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
12.3
%
#33 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
