Cape Verde GDP Annual Growth Rate  1981-2018 | Data | Chart | Calendar

The economy of Cape Verde grew 4.7 percent year-on-year in the fourth quarter of 2017, compared to a 4.9 percent expansion in the previous period. Slower growth was recorded in private spending (6.9 percent compared to 11.1 percent in Q3) while public consumption dropped by 0.4 percent after rising 16.4 percent in the third quarter. Meantime, investment rebounded (11.3 percent compared to -12.2 percent). Also, exports (17.0 percent compared to 14.2 percent) and imports (16.6 percent compared to 6.0 percent) increased further. On a quarterly basis, the economy expanded 11.0 percent, following a 4.4 percent contraction in the prior period. GDP Annual Growth Rate in Cape Verde averaged 3.71 percent from 1981 until 2017, reaching an all time high of 13.10 percent in the third quarter of 2008 and a record low of -5.60 percent in the first quarter of 2013.

Cape Verde GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-29 01:55 PM GDP Growth Rate YoY 3.1% 4.0% 3.9%
2018-01-02 05:15 PM GDP Growth Rate YoY 4.9% 3% 3.8%
2018-04-04 09:00 AM GDP Growth Rate YoY 4.7% 4.9% 5.0%
2018-07-04 02:00 PM GDP Growth Rate YoY 4.7% 3.90%
2018-09-28 01:55 PM GDP Growth Rate YoY 3.5%
2018-12-28 02:00 PM GDP Growth Rate YoY 3.90%


Cape Verde GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 4.70 4.90 13.10 -5.60 percent [+]
GDP 1.62 1.57 1.86 0.13 USD Billion [+]
GDP per capita 2738.31 2749.48 2749.48 496.99 USD [+]
GDP per capita PPP 6074.80 5918.60 6074.80 1641.50 USD [+]
GDP per capita 3452.90 3364.20 3452.90 673.80 USD [+]
Gdp From Agriculture 1798.56 2131.97 3874.62 1418.51 CVE Million [+]
Gdp From Construction 2980.10 3270.67 4640.13 2333.85 CVE Million [+]
Gdp From Manufacturing 3747.04 2953.40 3747.04 1272.66 CVE Million [+]
Gdp From Mining 125.74 143.26 301.24 97.03 CVE Million [+]
Gdp From Public Administration 8039.53 6785.19 8039.53 3173.59 CVE Million [+]
Gdp From Services 4755.17 4037.62 5232.63 3383.53 CVE Million [+]
Gdp From Transport 4355.44 3719.04 4355.44 2963.58 CVE Million [+]
Gdp From Utilities 1707.88 1540.14 1707.88 202.49 CVE Million [+]


Cape Verde GDP Annual Growth Rate

Cape Verde is one of the most developed countries in Africa. In recent years, as a result of its solid economic and social performance it has gained the status of middle income country according to United Nations criteria. The most important sector of the economy is services with commerce, transport, government and tourism accounting for the biggest share. Remittances are also crucial (9 percent of GDP). This page provides the latest reported value for - Cape Verde GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.90 13.10 -5.60 1981 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Mexico 1.30 Mar/18
Russia 1.30 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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