GDP at market prices (constant 2010 US$), annual growth rate in Cape Verde
Cape Verde: GDP at market prices (constant 2010 US$), annual growth rate was 7.27 % change on previous year in 2024. ◆ Volatile
GDP at market prices (constant 2010 US$), annual growth rate in Cape Verde, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cape Verde recorded 7.27 % change on previous year for gdp at market prices (constant 2010 us$), annual growth rate in 2024.
The figure is up 34.9% on the previous year and up 944.2% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Cape Verde peaked at 19.18 % change on previous year in 1994 and was at its lowest, -20.81 % change on previous year, in 2020.
Cape Verde ranks 15th of 208 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 8.45 % change on previous year | — |
| 1982 | 2.82 % change on previous year | -66.6% |
| 1983 | 9.52 % change on previous year | +237.0% |
| 1984 | 3.78 % change on previous year | -60.3% |
| 1985 | 8.64 % change on previous year | +128.4% |
| 1986 | 2.87 % change on previous year | -66.8% |
| 1987 | 4.31 % change on previous year | +50.0% |
| 1988 | 6 % change on previous year | +39.2% |
| 1989 | 5.7 % change on previous year | -5.0% |
| 1990 | 0.6924 % change on previous year | -87.8% |
| 1991 | 1.4 % change on previous year | +102.8% |
| 1992 | 10.94 % change on previous year | +679.0% |
| 1993 | 8.71 % change on previous year | -20.4% |
| 1994 | 19.18 % change on previous year | +120.3% |
| 1995 | 14.21 % change on previous year | -25.9% |
| 1996 | 11.35 % change on previous year | -20.2% |
| 1997 | 11.12 % change on previous year | -2.0% |
| 1998 | 12.52 % change on previous year | +12.6% |
| 1999 | 11.22 % change on previous year | -10.3% |
| 2000 | 14.28 % change on previous year | +27.3% |
| 2001 | 2.23 % change on previous year | -84.4% |
| 2002 | 5.25 % change on previous year | +135.3% |
| 2003 | 4.18 % change on previous year | -20.5% |
| 2004 | 10.2 % change on previous year | +144.2% |
| 2005 | 6.91 % change on previous year | -32.2% |
| 2006 | 7.98 % change on previous year | +15.5% |
| 2007 | 15.17 % change on previous year | +90.0% |
| 2008 | 7.04 % change on previous year | -53.6% |
| 2009 | -1.5 % change on previous year | -121.4% |
| 2010 | 1.84 % change on previous year | -222.1% |
| 2011 | 3.92 % change on previous year | +113.8% |
| 2012 | 1.08 % change on previous year | -72.4% |
| 2013 | 0.6324 % change on previous year | -41.6% |
| 2014 | 0.6964 % change on previous year | +10.1% |
| 2015 | 0.9362 % change on previous year | +34.4% |
| 2016 | 4.28 % change on previous year | +357.2% |
| 2017 | 4.55 % change on previous year | +6.3% |
| 2018 | 3.71 % change on previous year | -18.5% |
| 2019 | 6.95 % change on previous year | +87.4% |
| 2020 | -20.81 % change on previous year | -399.5% |
| 2021 | 7.03 % change on previous year | -133.8% |
| 2022 | 15.84 % change on previous year | +125.2% |
| 2023 | 5.39 % change on previous year | -66.0% |
| 2024 | 7.27 % change on previous year | +34.9% |
Cape Verde compared with similar countries
- Cape Verde's 7.27 % change on previous year is above the median for upper middle income countries, which is 3.34 % change on previous year, 2.2× the median. (58 countries reporting)
- Cape Verde's 7.27 % change on previous year is above the median for Sub-Saharan Africa, which is 4.12 % change on previous year, 1.8× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.79 % change on previous year | 2.82 % change on previous year | 9.52 % change on previous year | 9 |
| 1990s | 10.13 % change on previous year | 0.6924 % change on previous year | 19.18 % change on previous year | 10 |
| 2000s | 7.17 % change on previous year | -1.5 % change on previous year | 15.17 % change on previous year | 10 |
| 2010s | 2.86 % change on previous year | 0.6324 % change on previous year | 6.95 % change on previous year | 10 |
| 2020s | 2.95 % change on previous year | -20.81 % change on previous year | 15.84 % change on previous year | 5 |
Countries ranked near Cape Verde
- 12 San Marino 7.9 % change on previous year compare
- 13 Benin 7.45 % change on previous year compare
- 14 Ethiopia 7.32 % change on previous year compare
- 16 Vietnam 7.09 % change on previous year compare
- 17 Senegal 6.89 % change on previous year compare
- 18 Democratic Republic of Congo 6.68 % change on previous year compare
More population data for Cape Verde
- Population regions with projections, annual growth rate -1.01 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -6.15 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.01 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4961 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4608 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 103.46 people per km² (2100)
- Number of children under 5, by world region 14,689 people (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of people living in urban and rural areas, annual growth rate 1.59 % change on previous year (2025)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), annual growth rate in Cape Verde?
- Gdp at market prices (constant 2010 us$), annual growth rate in Cape Verde was 7.27 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Cape Verde?
- The highest recorded value was 19.18 % change on previous year in 1994.
- What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Cape Verde?
- The lowest recorded value was -20.81 % change on previous year in 2020.
- How does Cape Verde rank for gdp at market prices (constant 2010 us$), annual growth rate?
- Cape Verde ranks 15th out of 208 countries with data for 2024.
- Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Cape Verde?
- Over the last ten years it is up 944.2%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP at market prices UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.