Services, value added in Cape Verde
Cape Verde: Services, value added was 1.70 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added in Cape Verde is 1.70 billion constant 2015 US$, measured in 2025. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 6.3% on the previous year and up 44.7% over ten years.
Over the whole period, services, value added in Cape Verde peaked at 1.70 billion constant 2015 US$ in 2025 and was at its lowest, 124.61 million constant 2015 US$, in 1980.
That places Cape Verde 169th out of 195 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 170.92 million constant 2015 US$ | 124.61 million constant 2015 US$ | 205.51 million constant 2015 US$ | 10 |
| 1990s | 365.22 million constant 2015 US$ | 212.70 million constant 2015 US$ | 596.72 million constant 2015 US$ | 10 |
| 2000s | 923.13 million constant 2015 US$ | 698.22 million constant 2015 US$ | 1.09 billion constant 2015 US$ | 10 |
| 2010s | 1.23 billion constant 2015 US$ | 1.10 billion constant 2015 US$ | 1.47 billion constant 2015 US$ | 10 |
| 2020s | 1.44 billion constant 2015 US$ | 1.13 billion constant 2015 US$ | 1.70 billion constant 2015 US$ | 6 |
Countries ranked near Cape Verde
- 166 Turks and Caicos Islands 1.91 billion constant 2015 US$ compare
- 167 Bhutan 1.90 billion constant 2015 US$ compare
- 168 Greenland 1.75 billion constant 2015 US$ compare
- 170 Belize 1.70 billion constant 2015 US$ compare
- 171 Saint Lucia 1.56 billion constant 2015 US$ compare
- 172 Seychelles 1.43 billion constant 2015 US$ compare
More economy & growth data for Cape Verde
- DEC alternative conversion factor 97.86 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 48.85 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 499.14 million current US$ (2025)
- Taxes less subsidies on products 48.82 billion current LCU (2025)
- Taxes less subsidies on products 498.83 million current US$ (2025)
- Net primary income (Net income from abroad) -3.88 billion current LCU (2025)
- Net primary income (Net income from abroad) -39.60 million current US$ (2025)
- GNI per capita 559,911 current LCU (2025)
- GNI per capita, Atlas method 5,590 current US$ (2025)
- GNI 295.26 billion current LCU (2025)
Frequently asked questions
- What is services, value added in Cape Verde?
- Services, value added in Cape Verde was 1.70 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Cape Verde?
- The highest recorded value was 1.70 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Cape Verde?
- The lowest recorded value was 124.61 million constant 2015 US$ in 1980.
- How does Cape Verde rank for services, value added?
- Cape Verde ranks 169th out of 195 countries with data for 2025.
- Is services, value added rising or falling in Cape Verde?
- Over the last ten years it is up 44.7%. 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 Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.