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 8.90 6.40 percent Jun 2026
GDP Constant Prices 63620.00 64209.00 CVE Million Jun 2026
GDP from Agriculture 1867.40 2765.20 CVE Million Jun 2026
GDP from Construction 2269.90 1689.80 CVE Million Jun 2026
GDP from Manufacturing 3018.70 2965.10 CVE Million Jun 2026
GDP from Mining 132.00 98.20 CVE Million Jun 2026
GDP from Public Administration 7914.80 7003.50 CVE Million Jun 2026
GDP from Services 7138.52 6209.25 CVE Million Jun 2026
GDP from Transport 7588.70 8334.10 CVE Million Jun 2026
GDP from Utilities 1449.27 1457.82 CVE Million Jun 2026
GDP Growth Rate -0.90 -3.80 percent Jun 2026
GDP per Capita 4695.96 4438.39 USD Dec 2025
GDP per Capita PPP 10395.74 9825.53 USD Dec 2025
Gross Fixed Capital Formation 22117.74 11636.87 CVE Million Jun 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