The economy of Cape Verde grew by 6.3% year-on-year in 2025, following a revised 7% advance in the year before. Full Year GDP Growth in Cape Verde averaged 3.12 percent from 2008 until 2025, reaching an all time high of 17.40 percent in 2022 and a record low of -19.60 percent in 2020.

Full Year GDP Growth in Cape Verde is expected to reach 4.70 percent by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Full Year GDP Growth is projected to trend around 5.00 percent in 2027 and 6.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 6.30 7.00 percent Dec 2025
GDP 3.06 2.71 USD Billion Dec 2025
GDP Growth Rate YoY 6.40 7.30 percent Mar 2026
GDP Constant Prices 64209.00 66773.00 CVE Million Mar 2026
GDP from Agriculture 2765.00 1462.40 CVE Million Mar 2026
GDP from Construction 1690.00 1484.80 CVE Million Mar 2026
GDP from Manufacturing 2965.00 3384.30 CVE Million Mar 2026
GDP from Mining 98.00 86.20 CVE Million Mar 2026
GDP from Public Administration 7004.00 9109.40 CVE Million Mar 2026
GDP from Services 6209.25 6448.67 CVE Million Mar 2026
GDP from Transport 8334.00 8016.00 CVE Million Mar 2026
GDP from Utilities 1457.82 1433.33 CVE Million Mar 2026
GDP Growth Rate 10.10 3.50 percent Dec 2025
GDP per Capita 4695.96 4438.39 USD Dec 2025
GDP per Capita PPP 9848.95 9228.46 USD Dec 2024
Gross Fixed Capital Formation 11636.87 11373.51 CVE Million Mar 2026


Cape Verde Full Year GDP Growth
Actual Previous Highest Lowest Dates Unit Frequency
6.30 7.00 17.40 -19.60 2008 - 2025 percent Yearly
2014=100, NSA