The Gross Domestic Product (GDP) in Cape Verde expanded 10.10 percent in the fourth quarter of 2025 over the previous quarter. GDP Growth Rate in Cape Verde averaged 1.06 percent from 2007 until 2025, reaching an all time high of 15.30 percent in the third quarter of 2020 and a record low of -31.70 percent in the second quarter of 2020. source: INE, Cape Verde

Related	Last	Previous	Unit	Reference
GDP Growth Rate YoY	7.10	8.30	percent	Dec 2025
GDP Constant Prices	66648.00	60542.00	CVE Million	Dec 2025
GDP from Agriculture	1462.40	1439.40	CVE Million	Dec 2025
GDP from Construction	1484.80	2077.10	CVE Million	Dec 2025
GDP from Manufacturing	3384.30	3197.90	CVE Million	Dec 2025
GDP from Mining	86.20	120.70	CVE Million	Dec 2025
GDP from Public Administration	9109.40	6870.90	CVE Million	Dec 2025
GDP from Services	6034.00	5990.10	CVE Million	Dec 2025
GDP from Transport	7991.20	7739.30	CVE Million	Dec 2025
GDP from Utilities	3956.70	3325.40	CVE Million	Dec 2025
GDP Growth Rate	10.10	3.50	percent	Dec 2025
Gross Fixed Capital Formation	11291.00	19987.00	CVE Million	Dec 2025

Cape Verde GDP Growth Rate

The most important sector of Cape Verde’s economy is services and accounts for 72 percent of total GDP, of which public administration (18 percent); real estate and other services (13 percent); wholesale and retail trade (12 percent); transport (11 percent) and hotels and restaurants (7 percent). Industry constitutes 21 percent with construction (9 percent) and manufacturing, mining and quarrying (8 percent). Agriculture and fishing create 7 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by capital formation (36 percent) and government expenditure (17 percent). Exports of goods and services account for 47 percent of GDP while imports account for 67 percent, subtracting 20 percent of total GDP.