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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 1.9 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
vvp
1.9
B USD
#167 from 174 countries
GDP per capita
vvp
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
gold_reserve_icon
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
gold_reserve_icon
0.69
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
1.9
%
#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
12.2
%
#33 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries