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

Cape Verde: Gross value added at basic prices (GVA) was 2.56 billion current US$ in 2025. ▲ Rising

Latest (2025)
2.56 billion current US$
Change on year
up 11.6%
World rank
178th
of 206 countries
All-time high
2.56 billion current US$
in 2025
All-time low
1.44 billion current US$
in 2007
Years of data
19
2007–2025

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

01.0B2.0B3.0B2007201620252007: 1.4B current US$2008: 1.7B current US$2009: 1.6B current US$2010: 1.6B current US$2011: 1.8B current US$2012: 1.7B current US$2013: 1.8B current US$2014: 1.8B current US$2015: 1.5B current US$2016: 1.6B current US$2017: 1.7B current US$2018: 1.9B current US$2019: 2.0B current US$2020: 1.6B current US$2021: 1.8B current US$2022: 1.9B current US$2023: 2.1B current US$2024: 2.3B current US$2025: 2.6B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Cape Verde recorded 2.56 billion current US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 19 years on record.

The figure is up 11.6% on the previous year and up 65.8% over ten years.

Over the whole period, gross value added at basic prices (gva) in Cape Verde peaked at 2.56 billion current US$ in 2025 and was at its lowest, 1.44 billion current US$, in 2007.

That places Cape Verde 178th out of 206 countries with data for 2025, putting it 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 1.60 billion current US$ 1.44 billion current US$ 1.71 billion current US$ 3
2010s 1.75 billion current US$ 1.54 billion current US$ 1.97 billion current US$ 10
2020s 2.04 billion current US$ 1.58 billion current US$ 2.56 billion current US$ 6

Countries ranked near Cape Verde

  1. 175 Curacao 3.02 billion current US$ compare
  2. 176 Belize 2.72 billion current US$ compare
  3. 177 Central African Republic 2.71 billion current US$ compare
  4. 179 Guinea-Bissau 2.41 billion current US$ compare
  5. 180 Gambia 2.41 billion current US$ compare
  6. 181 Saint Lucia 2.29 billion current US$ compare

See the full ranking of 244 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 2.56 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Cape Verde?
The highest recorded value was 2.56 billion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Cape Verde?
The lowest recorded value was 1.44 billion current US$ in 2007.
How does Cape Verde rank for gross value added at basic prices (gva)?
Cape Verde ranks 178th out of 206 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 65.8%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.