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 | 1.9 USD Billion | 2019 |
| GDP Annual Growth Rate | 6.7 % | 3Q/19 |
| GDP per capita | 2738 USD | 2013 |
| Inflation Rate YoY | 1.9 % | Feb/20 |
| Interest Rate | 1 % | Mar/20 |
| Unemployment Rate | 12.2 % | 2018 |
| Balance of Trade | -5346 CVE Million | -0.053 B USD | Sep/19 |
| Current Account | -2033 CVE Million | -0.02 B USD | 2Q/19 |
| Foreign Exchange Reserves | 69521 CVE Million | 0.69 B USD | Sep/19 |
GDP
1.9
B USD
#167 from 174 countries
GDP per capita
2738
USD
#117 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1.9 USD Billion | 2019 |
| GDP Annual Growth Rate | 6.7 % | 3Q/19 |
| GDP per capita | 2738 USD | 2013 |
| GDP Constant Prices | 41747 CVE Million | 0.414 B USD | 3Q/19 |
| GDP per capita PPP | 6662 USD | 2018 |
| GDP From Agriculture | 1632 CVE Million | 0.016 B USD | 3Q/19 |
| GDP From Construction | 4034 CVE Million | 0.04 B USD | 3Q/19 |
| GDP From Manufacturing | 2427 CVE Million | 0.024 B USD | 3Q/19 |
| GDP From Mining | 83.1 CVE Million | 0.001 B USD | 3Q/19 |
| GDP From Public Administration | 6718 CVE Million | 0.067 B USD | 3Q/19 |
| GDP From Services | 4592 CVE Million | 0.046 B USD | 3Q/19 |
| GDP From Transport | 3908 CVE Million | 0.039 B USD | 3Q/19 |
| GDP From Utilities | 1461 CVE Million | 0.014 B USD | 3Q/19 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 124 % | 2018 |
| Government Spending | 7067 CVE Million | 0.07 B USD | 3Q/19 |
| Government Revenues | 12709 CVE Million | 0.126 B USD | 3Q/19 |
| Government Budget to GDP | -2.6 % | 2018 |
| Military Expenditure | 10 USD Million | 0.01 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 102 Index Points | Feb/20 |
| Food Inflation | 3.7 % | Feb/20 |
| Inflation Rate YoY | 1.9 % | Feb/20 |
| Inflation Rate Mom | 0.1 % | Feb/20 |
| Core Consumer Prices | 102 Index Points | Feb/20 |
| Core Inflation Rate | 1.5 % | Feb/20 |
| CPI Housing Utilities | 101 Index Points | Feb/20 |
| CPI Transportation | 101 Index Points | Feb/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4.5 % | 2018 |
| Balance of Trade | -5346 CVE Million | -0.053 B USD | Sep/19 |
| Capital Flows | -2381 CVE Million | -23628.416 B USD | 2Q/19 |
| Current Account | -2033 CVE Million | -0.02 B USD | 2Q/19 |
| Exports | 542 CVE Million | 0.005 B USD | Sep/19 |
| Foreign Exchange Reserves | 69521 CVE Million | 0.69 B USD | Sep/19 |
| Imports | 5887 CVE Million | 0.058 B USD | Sep/19 |
| Tourist Arrivals | 181664 Persons | 0.182 Million Persons | 3Q/19 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 1 % | Mar/20 |
| Money Supply M0 | 107640 CVE Million | 1.068 B USD | Nov/19 |
| Money Supply M1 | 80015 CVE Million | 0.794 B USD | Jul/19 |
| Money Supply M2 | 186590 CVE Million | 1.852 B USD | Jul/19 |
| Deposit Interest Rate | 1.9 % | 2018 |
| Foreign Direct Investment | 1076 CVE Million | 0.011 B USD | 2Q/19 |
| Private Sector Credit | 108075 CVE Million | 1.073 B USD | Nov/19 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 13000 CVE/Month | 129.009 USD/Month | 2020 |
| Unemployment Rate | 12.2 % | 2018 |
| Youth Unemployment Rate | 27.8 % | 2018 |
| Employed Persons | 195000 Thousand Person | 195 Million Person | 2018 |
| Employment Rate | 48.8 % | 2018 |
| Labor Force Participation Rate | 55.6 % | 2018 |
| Unemployed Persons | 27028 Thousand Persons | 27.028 Million Persons | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 15 % | 2020 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 15 Index Points | 4Q/19 |
| Corruption Index | 58 Index Points | 2019 |
| Corruption Rank | 41 place | 2019 |
| 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 | 16 Index Points | 4Q/19 |
| Consumer Spending | 27112 CVE Million | 0.269 B USD | 3Q/19 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
0.69
B USD
#105 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
1.9
%
#129 from
174 countries
Interest Rate
1
%
#56 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
12.2
%
#33 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
