Gross value added at basic prices (GVA) in Cape Verde

Cape Verde: Gross value added at basic prices (GVA) was 2.05 billion constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
2.05 billion constant 2015 US$
Change on year
up 6.1%
World rank
170th
of 193 countries
All-time high
2.05 billion constant 2015 US$
in 2025
All-time low
1.32 billion constant 2015 US$
in 2007
Years of data
19
2007–2025

Gross value added at basic prices (GVA) in Cape Verde, 2007–2025

0500.0M1.0B1.5B2.0B2007201620252007: 1.3B constant 2015 US$2008: 1.4B constant 2015 US$2009: 1.4B constant 2015 US$2010: 1.4B constant 2015 US$2011: 1.5B constant 2015 US$2012: 1.5B constant 2015 US$2013: 1.5B constant 2015 US$2014: 1.5B constant 2015 US$2015: 1.5B constant 2015 US$2016: 1.6B constant 2015 US$2017: 1.6B constant 2015 US$2018: 1.7B constant 2015 US$2019: 1.8B constant 2015 US$2020: 1.4B constant 2015 US$2021: 1.5B constant 2015 US$2022: 1.7B constant 2015 US$2023: 1.8B constant 2015 US$2024: 1.9B constant 2015 US$2025: 2.0B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

In 2025, gross value added at basic prices (gva) in Cape Verde stood at 2.05 billion constant 2015 US$. That is the highest value across all 19 years on record.

The figure is up 6.1% on the previous year and up 32.6% over ten years.

Over the whole period, gross value added at basic prices (gva) in Cape Verde peaked at 2.05 billion constant 2015 US$ in 2025 and was at its lowest, 1.32 billion constant 2015 US$, in 2007.

Cape Verde ranks 170th of 193 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.38 billion constant 2015 US$ 1.32 billion constant 2015 US$ 1.41 billion constant 2015 US$ 3
2010s 1.58 billion constant 2015 US$ 1.43 billion constant 2015 US$ 1.81 billion constant 2015 US$ 10
2020s 1.74 billion constant 2015 US$ 1.42 billion constant 2015 US$ 2.05 billion constant 2015 US$ 6

Countries ranked near Cape Verde

  1. 167 Turks and Caicos Islands 2.34 billion constant 2015 US$ compare
  2. 168 Belize 2.34 billion constant 2015 US$ compare
  3. 169 Lesotho 2.21 billion constant 2015 US$ compare
  4. 171 Gambia 2.02 billion constant 2015 US$ compare
  5. 172 Central African Republic 1.95 billion constant 2015 US$ compare
  6. 173 Saint Lucia 1.86 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is gross value added at basic prices (gva) in Cape Verde?
Gross value added at basic prices (gva) in Cape Verde was 2.05 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross value added at basic prices (gva) recorded in Cape Verde?
The highest recorded value was 2.05 billion constant 2015 US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Cape Verde?
The lowest recorded value was 1.32 billion constant 2015 US$ in 2007.
How does Cape Verde rank for gross value added at basic prices (gva)?
Cape Verde ranks 170th out of 193 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Cape Verde?
Over the last ten years it is up 32.6%. The long-run trend across the full record is rising.
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 Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.