Services, value added in Cape Verde
Cape Verde: Services, value added was 2.08 billion current US$ in 2025. ◆ Volatile
Services, value added in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, services, value added in Cape Verde stood at 2.08 billion current US$. That is the highest value across all 46 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 76.7% over ten years.
Over the whole period, services, value added in Cape Verde peaked at 2.08 billion current US$ in 2025 and was at its lowest, 91.72 million current US$, in 1980.
That places Cape Verde 175th out of 205 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 118.73 million current US$ | 91.72 million current US$ | 168.58 million current US$ | 10 |
| 1990s | 269.20 million current US$ | 170.46 million current US$ | 373.10 million current US$ | 10 |
| 2000s | 757.77 million current US$ | 352.55 million current US$ | 1.30 billion current US$ | 10 |
| 2010s | 1.36 billion current US$ | 1.18 billion current US$ | 1.57 billion current US$ | 10 |
| 2020s | 1.64 billion current US$ | 1.20 billion current US$ | 2.08 billion current US$ | 6 |
Countries ranked near Cape Verde
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 2.08 billion current 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 2.08 billion current US$ in 2025.
- What is the lowest services, value added recorded in Cape Verde?
- The lowest recorded value was 91.72 million current US$ in 1980.
- How does Cape Verde rank for services, value added?
- Cape Verde ranks 175th out of 205 countries with data for 2025.
- Is services, value added rising or falling in Cape Verde?
- Over the last ten years it is up 76.7%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 defence, 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.