Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
Cabo Verde
Sub-Saharan Africa · Upper middle income · IMF WEO April 2026 · World Bank WDI
GDP▲ 13.0%
Current prices2025
3USD bn
GDP per capita▲ 12.5%
Current prices2025
5,995USD
Real GDP growth▼ 1.7 pp
Annual change2025
5.5%
Inflation▲ 1.3 pp
Average consumer prices2025
2.3%
Unemployment■ 0.0 pp
Rate2025
8.5%
Government debt▼ 11.9 pp
General government, gross2025
101.0% of GDP
Current account▼ 0.3 pp
Balance2025
3.6% of GDP
Population▲ 0.5%
Total2025
0.51million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | 7.0 | 15.8 | 4.8 | 7.2 | 5.5 | 4.8 | 5.0 | 5.0 | 5.1 | 5.1 |
| Inflation, average consumer prices % | 1.9 | 7.9 | 3.7 | 1.1 | 2.3 | 2.2 | 2.1 | 2.0 | 2.0 | 2.0 |
| Unemployment rate % | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 | 8.5 |
| GDP, current prices USD bn | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 |
| GDP per capita, current prices USD | 4,072 | 4,445 | 4,913 | 5,329 | 5,995 | 6,670 | 7,114 | 7,580 | 8,090 | 8,636 |
| GDP per capita, PPP Int. USD | 7,876 | 9,726 | 10,517 | 11,504 | 12,423 | 13,314 | 14,211 | 15,082 | 16,038 | 17,064 |
| General government gross debt % of GDP | 149.5 | 127.6 | 117.5 | 112.8 | 101.0 | 95.9 | 90.7 | 85.8 | 81.1 | 76.1 |
| General government net lending/borrowing % of GDP | -7.5 | -4.3 | -0.3 | -1.1 | 1.1 | -0.9 | -0.0 | 0.1 | 0.1 | 0.2 |
| Current account balance % of GDP | -12.1 | -3.5 | -2.7 | 3.9 | 3.6 | -0.4 | -1.2 | -1.8 | -2.1 | -2.3 |
| Population million | 0.50 | 0.51 | 0.51 | 0.51 | 0.51 | 0.52 | 0.52 | 0.52 | 0.53 | 0.53 |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 1995 | 13.7 | 28.3 | 12.7 | 58.0 | |
| 2005 | 9.0 | 19.2 | 6.5 | 71.8 | |
| 2015 | 6.4 | 14.6 | 4.9 | 67.2 | |
| 2025 | 5.0 | 10.7 | 5.2 | 67.9 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 5,590 | USD | 2025 | +54.4% |
| GNI, Atlas method | 3 | USD bn | 2025 | +58.8% |
| Exports of goods and services | 42.0 | % of GDP | 2025 | +0.8 pp |
| Imports of goods and services | 53.4 | % of GDP | 2025 | +0.5 pp |
| Life expectancy at birth | 76.2 | years | 2024 | +3.3% |
| Urban population | 77.6 | % of total | 2025 | +10.7 pp |
Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)