GDP at market prices (constant 2010 US$) in Cape Verde

Cape Verde: GDP at market prices (constant 2010 US$) was 2.35 billion constant 2010 US$ in 2024. ◆ Volatile

Latest (2024)
2.35 billion constant 2010 US$
Change on year
up 7.3%
World rank
178th
of 208 countries
All-time high
2.35 billion constant 2010 US$
in 2024
All-time low
188.08 million constant 2010 US$
in 1980
Years of data
45
1980–2024

GDP at market prices in Cape Verde, 1980–2024

0500.0M1.0B1.5B2.0B2.5B1980200220241980: 188.1M constant 2010 US$1981: 204.0M constant 2010 US$1982: 209.7M constant 2010 US$1983: 229.7M constant 2010 US$1984: 238.4M constant 2010 US$1985: 259.0M constant 2010 US$1986: 266.4M constant 2010 US$1987: 277.9M constant 2010 US$1988: 294.6M constant 2010 US$1989: 311.4M constant 2010 US$1990: 313.5M constant 2010 US$1991: 317.9M constant 2010 US$1992: 352.7M constant 2010 US$1993: 383.4M constant 2010 US$1994: 457.0M constant 2010 US$1995: 521.9M constant 2010 US$1996: 581.1M constant 2010 US$1997: 645.7M constant 2010 US$1998: 726.6M constant 2010 US$1999: 808.1M constant 2010 US$2000: 923.6M constant 2010 US$2001: 944.2M constant 2010 US$2002: 993.7M constant 2010 US$2003: 1.0B constant 2010 US$2004: 1.1B constant 2010 US$2005: 1.2B constant 2010 US$2006: 1.3B constant 2010 US$2007: 1.5B constant 2010 US$2008: 1.6B constant 2010 US$2009: 1.6B constant 2010 US$2010: 1.6B constant 2010 US$2011: 1.7B constant 2010 US$2012: 1.7B constant 2010 US$2013: 1.7B constant 2010 US$2014: 1.7B constant 2010 US$2015: 1.7B constant 2010 US$2016: 1.8B constant 2010 US$2017: 1.9B constant 2010 US$2018: 2.0B constant 2010 US$2019: 2.1B constant 2010 US$2020: 1.7B constant 2010 US$2021: 1.8B constant 2010 US$2022: 2.1B constant 2010 US$2023: 2.2B constant 2010 US$2024: 2.3B constant 2010 US$

Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.

Analysis

In 2024, gdp at market prices in Cape Verde stood at 2.35 billion constant 2010 US$. That is the highest value across all 45 years on record.

That represents a change of up 7.3% on the previous year and up 35.5% over ten years.

Over the whole period, gdp at market prices in Cape Verde peaked at 2.35 billion constant 2010 US$ in 2024 and was at its lowest, 188.08 million constant 2010 US$, in 1980.

Cape Verde ranks 178th of 208 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$) in Cape Verde, year by year

Annual values for GDP at market prices (constant 2010 US$) in Cape Verde, 1980 to 2024.
Year constant 2010 US$ Change
1980 188.08 million constant 2010 US$ —
1981 203.98 million constant 2010 US$ +8.5%
1982 209.74 million constant 2010 US$ +2.8%
1983 229.71 million constant 2010 US$ +9.5%
1984 238.40 million constant 2010 US$ +3.8%
1985 259.00 million constant 2010 US$ +8.6%
1986 266.44 million constant 2010 US$ +2.9%
1987 277.92 million constant 2010 US$ +4.3%
1988 294.59 million constant 2010 US$ +6.0%
1989 311.37 million constant 2010 US$ +5.7%
1990 313.53 million constant 2010 US$ +0.7%
1991 317.93 million constant 2010 US$ +1.4%
1992 352.70 million constant 2010 US$ +10.9%
1993 383.42 million constant 2010 US$ +8.7%
1994 456.97 million constant 2010 US$ +19.2%
1995 521.91 million constant 2010 US$ +14.2%
1996 581.13 million constant 2010 US$ +11.3%
1997 645.74 million constant 2010 US$ +11.1%
1998 726.57 million constant 2010 US$ +12.5%
1999 808.11 million constant 2010 US$ +11.2%
2000 923.55 million constant 2010 US$ +14.3%
2001 944.16 million constant 2010 US$ +2.2%
2002 993.74 million constant 2010 US$ +5.3%
2003 1.04 billion constant 2010 US$ +4.2%
2004 1.14 billion constant 2010 US$ +10.2%
2005 1.22 billion constant 2010 US$ +6.9%
2006 1.32 billion constant 2010 US$ +8.0%
2007 1.52 billion constant 2010 US$ +15.2%
2008 1.62 billion constant 2010 US$ +7.0%
2009 1.60 billion constant 2010 US$ -1.5%
2010 1.63 billion constant 2010 US$ +1.8%
2011 1.69 billion constant 2010 US$ +3.9%
2012 1.71 billion constant 2010 US$ +1.1%
2013 1.72 billion constant 2010 US$ +0.6%
2014 1.73 billion constant 2010 US$ +0.7%
2015 1.75 billion constant 2010 US$ +0.9%
2016 1.82 billion constant 2010 US$ +4.3%
2017 1.91 billion constant 2010 US$ +4.6%
2018 1.98 billion constant 2010 US$ +3.7%
2019 2.12 billion constant 2010 US$ +6.9%
2020 1.68 billion constant 2010 US$ -20.8%
2021 1.79 billion constant 2010 US$ +7.0%
2022 2.08 billion constant 2010 US$ +15.8%
2023 2.19 billion constant 2010 US$ +5.4%
2024 2.35 billion constant 2010 US$ +7.3%

Cape Verde compared with similar countries

  • Cape Verde's 2.35 billion constant 2010 US$ is below the median for upper middle income countries, which is 46.21 billion constant 2010 US$, 5% of the median. (58 countries reporting)
  • Cape Verde's 2.35 billion constant 2010 US$ is below the median for Sub-Saharan Africa, which is 15.37 billion constant 2010 US$, 15% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 247.92 million constant 2010 US$ 188.08 million constant 2010 US$ 311.37 million constant 2010 US$ 10
1990s 510.80 million constant 2010 US$ 313.53 million constant 2010 US$ 808.11 million constant 2010 US$ 10
2000s 1.23 billion constant 2010 US$ 923.55 million constant 2010 US$ 1.62 billion constant 2010 US$ 10
2010s 1.81 billion constant 2010 US$ 1.63 billion constant 2010 US$ 2.12 billion constant 2010 US$ 10
2020s 2.02 billion constant 2010 US$ 1.68 billion constant 2010 US$ 2.35 billion constant 2010 US$ 5

Countries ranked near Cape Verde

  1. 175 Belize 2.76 billion constant 2010 US$ compare
  2. 176 Bhutan 2.74 billion constant 2010 US$ compare
  3. 177 Curacao 2.71 billion constant 2010 US$ compare
  4. 179 Turks and Caicos Islands 2.32 billion constant 2010 US$ compare
  5. 180 Lesotho 2.31 billion constant 2010 US$ compare
  6. 181 Eritrea 2.25 billion constant 2010 US$ compare

See the full ranking of 208 places →

More population data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is gdp at market prices in Cape Verde?
Gdp at market prices in Cape Verde was 2.35 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp at market prices recorded in Cape Verde?
The highest recorded value was 2.35 billion constant 2010 US$ in 2024.
What is the lowest gdp at market prices recorded in Cape Verde?
The lowest recorded value was 188.08 million constant 2010 US$ in 1980.
How does Cape Verde rank for gdp at market prices?
Cape Verde ranks 178th out of 208 countries with data for 2024.
Is gdp at market prices rising or falling in Cape Verde?
Over the last ten years it is up 35.5%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.

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GDP at market prices in Cape Verde. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us/cabo-verde/

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About this data

Indicator
GDP at market prices (constant 2010 US$)
Unit
constant 2010 US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
208 places, 10,104 data points, 1970–2024
Last refreshed

February 2026 Data Release