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.

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Calendar	GMT		Actual	Previous	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

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GDP annual growth rate by Country

Country	Last		Previous	Highest	Lowest
Turkey	7.30	Dec/17	11.3	11.7	-14.4	%	Quarterly
India	7.20	Dec/17	6.5	11.4	-5.2	%	Quarterly
China	6.80	Mar/18	6.8	15.4	3.8	%	Quarterly
Indonesia	5.06	Mar/18	5.19	7.16	1.56	%	Quarterly
Canada	2.90	Dec/17	3	8.8	-4.1	%	Quarterly
Spain	2.90	Mar/18	3.1	5.6	-4.3	%	Quarterly
United States	2.90	Mar/18	2.6	13.4	-4.1	%	Quarterly
Netherlands	2.80	Mar/18	2.9	6.1	-4.9	%	Quarterly
South Korea	2.80	Mar/18	2.8	19.6	-7.4	%	Quarterly
Euro Area	2.50	Mar/18	2.8	5	-5.5	%	Quarterly
Australia	2.40	Dec/17	2.9	9	-3.5	%	Quarterly
Germany	2.30	Mar/18	2.9	7.2	-6.8	%	Quarterly
Brazil	2.10	Dec/17	1.4	10.1	-5.6	%	Quarterly
France	2.10	Mar/18	2.6	12.5	-3.8	%	Quarterly
Switzerland	1.90	Dec/17	1.2	5.8	-3.4	%	Quarterly
Italy	1.40	Mar/18	1.6	10.3	-7.2	%	Quarterly
Mexico	1.30	Mar/18	1.5	9	-9.1	%	Quarterly
Russia	1.30	Mar/18	0.9	12.1	-11.2	%	Quarterly
United Kingdom	1.20	Mar/18	1.4	9.7	-5.9	%	Quarterly
Japan	0.90	Mar/18	1.8	9.4	-8.8	%	Quarterly