The Gross Domestic Product (GDP) in Cape Verde was worth 1.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Cape Verde represents less than 0.01 percent of the world economy.

GDP in Cape Verde averaged 0.87 USD Billion from 1980 until 2019, reaching an all time high of 1.99 USD Billion in 2018 and a record low of 0.13 USD Billion in 1984. This page provides the latest reported value for - Cape Verde GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde GDP - values, historical data and charts - was last updated on May of 2020. source: World Bank

GDP in Cape Verde is expected to reach 2.10 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde GDP is projected to trend around 2.20 USD Billion in 2021 and 2.30 USD Billion in 2022, according to our econometric models.

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Cape Verde GDP

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.99 1.99 0.13 1980 - 2019 USD Billion Yearly
Current USD

Cape Verde GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.70 6.90 13.60 -3.40 percent [+]
GDP 1.90 1.99 1.99 0.13 USD Billion [+]
GDP per capita 2738.31 2749.48 2749.48 496.99 USD [+]
GDP per capita PPP 6662.00 6387.10 6662.00 1659.10 USD [+]
Gross Fixed Capital Formation 12899.00 16407.00 19598.70 6800.70 CVE Million [+]
GDP Constant Prices 43937.00 41902.00 43937.00 29063.30 CVE Million [+]
GDP From Agriculture 1714.00 1631.00 4151.20 1374.80 CVE Million [+]
GDP From Construction 3902.00 4033.00 4644.60 2057.60 CVE Million [+]
GDP From Manufacturing 2401.00 2427.40 2547.40 1271.20 CVE Million [+]
GDP From Mining 80.00 83.00 296.80 64.60 CVE Million [+]
GDP From Public Administration 7365.00 6695.00 7365.00 3137.00 CVE Million [+]
GDP From Services 4717.00 4537.00 4819.40 3282.20 CVE Million [+]
GDP From Transport 3975.00 3908.40 3975.00 2679.80 CVE Million [+]
GDP From Utilities 1428.00 1461.10 1461.10 203.60 CVE Million [+]
GDP per capita 3786.70 3630.50 3786.70 680.50 USD [+]


Cape Verde GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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