GDP (current US$) (UNESCO Institute) in Cape Verde
Cape Verde: GDP (current US$) (UNESCO Institute) was 2.77 billion current US$ in 2024. ◆ Volatile
Latest (2024)
2.77 billion current US$
Change on year
up 9.0%
World rank
180th
of 211 countries
All-time high
2.77 billion current US$
in 2024
All-time low
132.02 million current US$
in 1984
Years of data
45
1980–2024
GDP in Cape Verde, 1980–2024
Source: UNESCO Institute for Statistics. Measured in current US$.
Analysis
The most recent figure for gdp in Cape Verde is 2.77 billion current US$, measured in 2024. That is the highest value across all 45 years on record.
That represents a change of up 9.0% on the previous year and up 35.5% over ten years.
Over the whole period, gdp in Cape Verde peaked at 2.77 billion current US$ in 2024 and was at its lowest, 132.02 million current US$, in 1984.
Cape Verde ranks 180th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (UNESCO Institute) in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 142.25 million current US$ | — |
| 1981 | 139.47 million current US$ | -2.0% |
| 1982 | 140.63 million current US$ | +0.8% |
| 1983 | 138.48 million current US$ | -1.5% |
| 1984 | 132.02 million current US$ | -4.7% |
| 1985 | 137.73 million current US$ | +4.3% |
| 1986 | 190.65 million current US$ | +38.4% |
| 1987 | 235.25 million current US$ | +23.4% |
| 1988 | 264.31 million current US$ | +12.4% |
| 1989 | 267.45 million current US$ | +1.2% |
| 1990 | 306.89 million current US$ | +14.7% |
| 1991 | 319.83 million current US$ | +4.2% |
| 1992 | 357.16 million current US$ | +11.7% |
| 1993 | 490.42 million current US$ | +37.3% |
| 1994 | 406.58 million current US$ | -17.1% |
| 1995 | 487.15 million current US$ | +19.8% |
| 1996 | 501.98 million current US$ | +3.0% |
| 1997 | 490.61 million current US$ | -2.3% |
| 1998 | 521.91 million current US$ | +6.4% |
| 1999 | 592.42 million current US$ | +13.5% |
| 2000 | 539.23 million current US$ | -9.0% |
| 2001 | 563.09 million current US$ | +4.4% |
| 2002 | 620.51 million current US$ | +10.2% |
| 2003 | 813.26 million current US$ | +31.1% |
| 2004 | 924.94 million current US$ | +13.7% |
| 2005 | 972.24 million current US$ | +5.1% |
| 2006 | 1.11 billion current US$ | +13.9% |
| 2007 | 1.65 billion current US$ | +48.9% |
| 2008 | 1.96 billion current US$ | +18.8% |
| 2009 | 1.85 billion current US$ | -5.5% |
| 2010 | 1.82 billion current US$ | -1.5% |
| 2011 | 2.05 billion current US$ | +12.2% |
| 2012 | 1.91 billion current US$ | -6.5% |
| 2013 | 2.03 billion current US$ | +6.1% |
| 2014 | 2.04 billion current US$ | +0.6% |
| 2015 | 1.75 billion current US$ | -14.3% |
| 2016 | 1.85 billion current US$ | +5.7% |
| 2017 | 2.00 billion current US$ | +7.9% |
| 2018 | 2.21 billion current US$ | +10.4% |
| 2019 | 2.25 billion current US$ | +2.1% |
| 2020 | 1.82 billion current US$ | -19.1% |
| 2021 | 2.05 billion current US$ | +12.6% |
| 2022 | 2.25 billion current US$ | +9.5% |
| 2023 | 2.54 billion current US$ | +13.0% |
| 2024 | 2.77 billion current US$ | +9.0% |
Cape Verde compared with similar countries
- Cape Verde's 2.77 billion current US$ is below the median for upper middle income countries, which is 45.55 billion current US$, 6% of the median. (58 countries reporting)
- Cape Verde's 2.77 billion current US$ is below the median for Sub-Saharan Africa, which is 18.41 billion current US$, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 178.82 million current US$ | 132.02 million current US$ | 267.45 million current US$ | 10 |
| 1990s | 447.49 million current US$ | 306.89 million current US$ | 592.42 million current US$ | 10 |
| 2000s | 1.10 billion current US$ | 539.23 million current US$ | 1.96 billion current US$ | 10 |
| 2010s | 1.99 billion current US$ | 1.75 billion current US$ | 2.25 billion current US$ | 10 |
| 2020s | 2.29 billion current US$ | 1.82 billion current US$ | 2.77 billion current US$ | 5 |
Countries ranked near Cape Verde
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)
- Population growth rate -1.01 (2100)
- Population density 103.46 (2100)
- Projected population under age 5 14,689 (2100)
- Population growth rate by level of development -1.01 (2100)
- Urbanization vs gdp, annual growth rate 1.12 % change on previous year (2025)
Frequently asked questions
- What is gdp in Cape Verde?
- Gdp in Cape Verde was 2.77 billion current US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Cape Verde?
- The highest recorded value was 2.77 billion current US$ in 2024.
- What is the lowest gdp recorded in Cape Verde?
- The lowest recorded value was 132.02 million current US$ in 1984.
- How does Cape Verde rank for gdp?
- Cape Verde ranks 180th out of 211 countries with data for 2024.
- Is gdp 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release