Cabo Verde Cape Verde

Subscribe to our free email alert service

Cabo Verde, is a country located at Western Africa, it has an area of 4,030 Km2 so it is one of the smallest countries in the world.

Cabo Verde, with a population of 587,925 people, it is one of the least populous country in the world and has a population density of 146 people per km2.

It's capital is Praia and its currency is Cabo Verdean escudos

Cabo Verde is holding the 172 position by nominal GDP. Its national debt in 2021 was 2,575 millions of euros (3,047 millions of dollars), ( 147.58% debt-to-GDP ratio) and its public debt per capita is €4,380 euros per inhabitant$5,183 dollars per inhabitant.

In terms of the human development index (HDI) of Cabo Verde, which is the index used by the United Nations to measure the progress of a country, was 0.662 points in 2021, leaving it in 128th place in the table of 191 countries published.

If the reason to visit Cabo Verde are business, you must know it's in the 137th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Cabo Verde, if you want to see information about other countries click here

Cabo Verde Economy
Gouvernement
Annual GDP [+]2022€2,115M
Annual GDP [+]2022$2,227M
GDP per capita [+]2022€3,597
GDP per capita [+]2022$3,788
Debt (M.€.) [+]20212,575
Debt ($M) [+]20213,047
Debt (%GDP) [+]2021147.58%
Debt Per Capita [+]2021€4,380
Debt Per Capita [+]2021$5,183
Deficit (M.€) [+]2021-130
Deficit ($M) [+]2021-154
Deficit (%GDP) [+]2021-7.47%
Expenditure (M.€) [+]2021534.1
Expenditure ($M) [+]2021632.1
Education Expenditure (M.€) [+]2020124.3
Education Expenditure ($M) [+]2020141.9
Education Expenditure (%Bud.) [+]202115.11%
Gov. Health Exp. (M.€) [+]201748.8
Gov. Health Exp.($M) [+]201755.1
Gov. Health Exp. (%Bud.) [+]20179.86%
Defence Expenditure (M.€) [+]202211.6
Defence Expenditure ($M) [+]202212.2
Defence Expenditure (%Bud.) [+]20221.57%
Expenditure (%GDP) [+]202130.61%
Expenditure Per Capita [+]2021€908
Expenditure Per Capita [+]2021$1,075
Education Expenditure P.C [+]2020€213
Education Expenditure P.C [+]2020$244
Gov. Health Exp. P.C. [+]2017€89
Gov. Health Exp. P.C. [+]2017$101
Defence Expenditure P.C. [+]2022€20
Defence Expenditure P.C. [+]2022$21
S&P Rating [+]02/19/2021B-
Fitch Rating [+]04/17/2020B-
Corruption Index [+]202260
Competitiveness Ranking [+]2019112º
Fragile States Index [+]201868.0
Innovation Ranking [+]2015103º
Labour
NMW [+]2022$123.2
Business
Doing Business [+]2020137º
Taxes
Tax Revenue (%GDP) [+]202116.8%
Trade
Annual arrivals [+]2019757,982
Exports [+]2021€45.7M
Exports [+]2021$54.0M
Exports % GDP [+]20212.62%
Imports [+]2021€676.8M
Imports [+]2021$800.4M
Imports % GDP [+]202138.79%
Trade balance [+]2021€-631.1M
Trade balance [+]2021$-746.4M
Trade balance % GDP [+]2021-36.17%
Socio-Demography
Density [+]2021146
Global Peace Ranking [+]2023-1º
Remittance received ($M) [+]2017221.8
% Immigrant [+]20202.71%
% Emigrant [+]202032.19%
Birth Rate [+]202116.95‰
Remittance sent ($M) [+]201730.8
Crude death rate [+]20216.03‰
Fertility Rate [+]20211.90
% risk of poverty [+]201535.2%
Population [+]2021587,925
Immigrant stock [+]202015,788
Emigrant stock [+]2020187,558
HDI [+]20210.662
Gender Gap Ranking [+]202337º
Life expectancy [+]202174.05
Suicides [+]201544
Suicide rate [+]20158.32
Number of homicides [+]202036
Rate Homicides per 100.000 [+]20206.18
Energy and Environment
CO2 Tons per capita [+]20211.59
Consumption GWh [+]2021321
Generation GWh [+]2021457
Others
COVID-19 - Deaths [+]04/07/2024417
COVID-19 - Confirmed [+]04/07/202464,474
Fully vaccinated [+]09/25/2022308,720
COVID-19 - Deaths per million population [+]04/07/2024709.27
Doses administered [+]09/25/2022859,940