GDP growth in Cabo Verde
Cabo Verde: GDP growth was 7.3% in 2024. β Volatile
Latest (2024)
7.3%
Change on year
up 34.9%
World rank
15th
of 212 countries
All-time high
19.2%
in 1994
All-time low
-20.8%
in 2020
Years of data
44
1981β2024
GDP growth in Cabo Verde, 1981β2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Cabo Verde stood at 7.3%.
Compared with earlier readings it is up 34.9% on the previous year and up 943.8% over ten years.
Over the whole period, gdp growth in Cabo Verde peaked at 19.2% in 1994 and was at its lowest, -20.8%, in 2020.
That places Cabo Verde 15th out of 212 countries with data for 2024, putting it in the top 10%.
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 | 5.8% | 2.8% | 9.5% | 9 |
| 1990s | 10.1% | 0.7% | 19.2% | 10 |
| 2000s | 7.2% | -1.5% | 15.2% | 10 |
| 2010s | 2.9% | 0.6% | 6.9% | 10 |
| 2020s | 2.9% | -20.8% | 15.8% | 5 |
Countries ranked near Cabo Verde
- 12 San Marino, Republic of 7.9% compare
- 13 Benin 7.5% compare
- 14 Ethiopia, The Federal Democratic Republic of 7.3% compare
- 16 Vietnam 7.1% compare
- 17 Senegal 6.9% compare
- 18 Congo, Democratic Republic of the 6.7% compare
More population data for Cabo Verde
- Population growth rate by level of development -1.01 (2100)
- Projected population under age 5 14,689 (2100)
- Population density 103.46 (2100)
- Population growth rate -1.01 (2100)
- Projected population under age 5, annual growth rate -0.4608 % change on previous year (2100)
- Fertility and wanted fertility 1.51 (2024)
- Refugee population by country or territory of asylum 0 (2024)
- Fertility vs unmet contraception 1.51 (2024)
- Fertility vs contraception 1.51 (2024)
- Natural population growth 0.7271 (2023)
Frequently asked questions
- What is gdp growth in Cabo Verde?
- Gdp growth in Cabo Verde was 7.3% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Cabo Verde?
- The highest recorded value was 19.2% in 1994.
- What is the lowest gdp growth recorded in Cabo Verde?
- The lowest recorded value was -20.8% in 2020.
- How does Cabo Verde rank for gdp growth?
- Cabo Verde ranks 15th out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Cabo Verde?
- Over the last ten years it is up 943.8%. The long-run trend across the full record is volatile.
- Where does this Cabo Verde data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 44 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release