GDP growth in Cape Verde

Cape Verde: GDP growth was 6.3% in 2025. ◆ Volatile

Latest (2025)
6.3%
Change on year
down 9.9%
World rank
33rd
of 214 countries
All-time high
19.2%
in 1994
All-time low
-20.8%
in 2020
Years of data
45
1981–2025

GDP growth in Cape Verde, 1981–2025

-20-10010201981200320251981: 8.5 annual %1982: 2.8 annual %1983: 9.5 annual %1984: 3.8 annual %1985: 8.6 annual %1986: 2.9 annual %1987: 4.3 annual %1988: 6 annual %1989: 5.7 annual %1990: 0.692 annual %1991: 1.4 annual %1992: 10.9 annual %1993: 8.7 annual %1994: 19.2 annual %1995: 14.2 annual %1996: 11.3 annual %1997: 11.1 annual %1998: 12.5 annual %1999: 11.2 annual %2000: 14.3 annual %2001: 2.2 annual %2002: 5.3 annual %2003: 4.2 annual %2004: 10.2 annual %2005: 6.9 annual %2006: 8 annual %2007: 15.2 annual %2008: 7 annual %2009: -1.5 annual %2010: 1.8 annual %2011: 3.9 annual %2012: 1.1 annual %2013: 0.632 annual %2014: 0.697 annual %2015: 0.936 annual %2016: 4.3 annual %2017: 4.6 annual %2018: 3.7 annual %2019: 6.9 annual %2020: -20.8 annual %2021: 7 annual %2022: 15.8 annual %2023: 4.8 annual %2024: 7 annual %2025: 6.3 annual %

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.

Analysis

The most recent figure for gdp growth in Cape Verde is 6.3%, measured in 2025.

Compared with earlier readings it is down 9.9% on the previous year and up 572.7% over ten years.

Over the whole period, gdp growth in Cape Verde peaked at 19.2% in 1994 and was at its lowest, -20.8%, in 2020.

That places Cape Verde 33rd out of 214 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 5.8% 2.8% 9.5% 9
1990s 10.1% 0.7% 19.2% 10
2000s 7.2% -1.5% 15.2% 10
2010s 2.9% 0.6% 6.9% 10
2020s 3.4% -20.8% 15.8% 6

Countries ranked near Cape Verde

  1. 30 Maldives 6.3% compare
  2. 31 Togo 6.3% compare
  3. 32 Turkmenistan 6.3% compare
  4. 34 Palau 6.3% compare
  5. 35 Ghana 6.0% compare
  6. 36 Gambia 5.9% compare

See the full ranking of 261 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is gdp growth in Cape Verde?
Gdp growth in Cape Verde was 6.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gdp growth recorded in Cape Verde?
The highest recorded value was 19.2% in 1994.
What is the lowest gdp growth recorded in Cape Verde?
The lowest recorded value was -20.8% in 2020.
How does Cape Verde rank for gdp growth?
Cape Verde ranks 33rd out of 214 countries with data for 2025.
Is gdp growth rising or falling in Cape Verde?
Over the last ten years it is up 572.7%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
261 places, 14,323 data points, 1961–2025
Last refreshed

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.