Full Year GDP Growth in Cape Verde increased to 7.30 percent in 2024 from 5.40 percent in 2023. Full Year GDP Growth in Cape Verde averaged 2.95 percent from 2008 until 2024, 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 5.10 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 4.90 percent in 2027 and 4.70 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Full Year GDP Growth 7.30 5.40 percent Dec 2024
GDP 2.77 2.54 USD Billion Dec 2024
GDP Growth Rate YoY 7.30 6.20 percent Sep 2025
GDP Constant Prices 60312.00 58621.00 CVE Million Sep 2025
GDP from Agriculture 1477.00 1445.00 CVE Million Sep 2025
GDP from Construction 2079.00 1679.60 CVE Million Sep 2025
GDP from Manufacturing 3200.00 2863.60 CVE Million Sep 2025
GDP from Mining 120.80 97.60 CVE Million Sep 2025
GDP from Public Administration 6862.20 7711.10 CVE Million Sep 2025
GDP from Services 5990.00 5902.20 CVE Million Sep 2025
GDP from Transport 7745.30 7546.60 CVE Million Sep 2025
GDP from Utilities 3214.00 3022.40 CVE Million Sep 2025
GDP Growth Rate 2.88 -3.10 percent Sep 2025
GDP per Capita 4475.45 4192.40 USD Dec 2024
GDP per Capita PPP 9907.59 9280.98 USD Dec 2024
Gross Fixed Capital Formation 21518.00 15371.00 CVE Million Sep 2025


Cape Verde Full Year GDP Growth
Actual Previous Highest Lowest Dates Unit Frequency
7.30 5.40 17.40 -19.60 2008 - 2024 percent Yearly
2014=100, NSA