The Gross Domestic Product (GDP) in Cape Verde contracted 4.30 percent in the first quarter of 2019 over the previous quarter. GDP Growth Rate in Cape Verde averaged 1.10 percent from 2007 until 2019, reaching an all time high of 11.10 percent in the fourth quarter of 2007 and a record low of -7.20 percent in the third quarter of 2007.

Cape Verde GDP Growth Rate
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Cape Verde GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 5.20 8.20 13.60 -3.50 percent [+]
GDP 1.99 1.77 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 [+]
GDP per capita 3786.70 3630.50 3786.70 680.50 USD [+]
GDP Constant Prices 40927.80 42356.00 42356.00 29064.80 CVE Million [+]
GDP From Agriculture 2159.90 1665.80 4151.20 1374.80 CVE Million [+]
GDP From Construction 3479.00 3337.10 4644.60 2057.60 CVE Million [+]
GDP From Manufacturing 2547.40 2517.40 2547.40 1271.20 CVE Million [+]
GDP From Mining 72.90 70.90 296.80 64.60 CVE Million [+]
GDP From Public Administration 6621.80 6718.40 6775.30 3137.00 CVE Million [+]
GDP From Services 4288.10 4553.10 4819.40 3282.20 CVE Million [+]
GDP From Transport 3351.40 3753.70 3771.20 2679.80 CVE Million [+]
GDP From Utilities 1312.30 1396.80 1406.00 203.60 CVE Million [+]


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. This page provides - Cape Verde Gdp Growth Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.30 8.20 11.10 -7.20 2007 - 2019 percent Quarterly




Country Last Previous
Indonesia 4.20 Jun/19
United States 2.10 Jun/19
China 1.60 Jun/19
India 1.60 Dec/18
Turkey 1.30 Mar/19
South Korea 1.10 Jun/19
Saudi Arabia 1.07 Dec/18
Switzerland 0.60 Mar/19
Netherlands 0.50 Jun/19
Spain 0.50 Jun/19
Australia 0.40 Mar/19
Japan 0.40 Jun/19
Euro Area 0.20 Jun/19
France 0.20 Jun/19
Canada 0.10 Mar/19
Mexico 0.10 Jun/19
Italy 0.00 Jun/19
Germany -0.10 Jun/19
Argentina -0.20 Mar/19
Brazil -0.20 Mar/19
United Kingdom -0.20 Jun/19
Russia -0.40 Mar/19
South Africa -3.20 Mar/19
Singapore -3.30 Jun/19


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