The Gross Domestic Product (GDP) in Cape Verde expanded 16.80 percent in the first quarter of 2022 over the same quarter of the previous year. source: INE, Cape Verde
GDP Annual Growth Rate in Cape Verde averaged 3.40 percent from 1981 until 2022, reaching an all time high of 30.10 percent in the second quarter of 2021 and a record low of -32.30 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
GDP Annual Growth Rate in Cape Verde is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde GDP Annual Growth Rate is projected to trend around 6.10 percent in 2023 and 6.00 percent in 2024, according to our econometric models.