Cabo Verde Cape Verde GDP - Gross Domestic Product

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GDP Cabo Verde 2023

Cabo Verde: GDP increases 5.1%

Gross Domestic Product of Cabo Verde grew 5.1% in 2023 compared to last year. This rate is 123 -tenths of one percent less than the figure of 17.4% published in 2022.

The GDP figure in 2023 was €2,393$2,587 million, Cabo Verde is number 168 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Cabo Verde rose €205$283 million with respect to 2022.

The GDP per capita of Cabo Verde in 2023 was €4,070$4,401, €349$483 higher than in 2022, it was €3,721$3,918. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Cabo Verde was €2,679$3,558.

If we order the countries according to their GDP per capita, Cabo Verde is in 119th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Cabo Verde. You can see GDP in other countries in GDP and see all the economic information about Cabo Verde in Cabo Verde's economy.

Evolution: Annual GDP Cabo Verde
DateAnnual GDPAnnual GDPGDP Growth (%)
2023€2,393M$2,587M5.1%
2022€2,188M$2,304M17.4%
2021€1,745M$2,065M7.0%
2020€1,639M$1,822M-20.8%
2019€1,940M$2,252M6.9%
2018€1,824M$2,205M3.7%
2017€1,567M$1,997M4.6%
2016€1,503M$1,850M4.3%
2015€1,439M$1,750M0.9%
2014€1,400M$2,042M0.7%
2013€1,393M$2,029M0.6%
2012€1,355M$1,913M1.1%
2011€1,341M$2,047M3.9%
2010€1,254M$1,825M1.8%
2009€1,219M$1,852M-1.5%
2008€1,216M$1,960M7.0%
2007€1,104M$1,650M9.2%
2006€985M$1,237M9.1%
2005€876M$1,091M5.8%
2004€823M$1,023M4.9%
2003€788M$891M7.5%
2002€719M$679M5.3%
2001€688M$616M6.1%
2000€659M$609M7.3%
1999€616M$657M11.9%
1998$575M8.4%
1997$540M7.6%
1996$553M6.7%
1995$536M7.5%
1994$448M6.9%
1993$398M7.3%
1992$395M3.0%
1991$353M1.4%
1990$339M0.7%
1989$295M5.7%
1988$292M6.0%
1987$260M4.3%
1986$210M2.9%
1985$152M8.6%
1984$145M3.8%
1983$152M9.5%
1982$155M2.8%
1981$154M8.5%
1980$157M5.3%
1979$145M3.2%
1978$135M9.7%
1977$117M-5.0%
1976$125M2.1%
1975$134M-16.9%
1974$115M2.4%
1973$115M1.6%
1972$93M2.3%
1971$82M5.4%
1970$73M
Evolution: GDP per capita Cabo Verde
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2023€4,070$4,4019.4%12.3%
2022€3,721$3,91825.4%11.6%
2021€2,968$3,5125.5%12.3%
2020€2,814$3,126-16.3%-19.9%
2019€3,362$3,9030.2%-1.5%
2018€3,355$3,96417.0%22.4%
2017€2,868$3,2393.0%5.1%
2016€2,785$3,0823.1%2.9%
2015€2,700$2,9961.6%-15.2%
2014€2,659$3,533-0.8%-0.7%
2013€2,679$3,5581.6%5.0%
2012€2,636$3,389-0.1%-7.7%
2011€2,639$3,6735.7%10.9%
2010€2,496$3,3121.8%-3.1%
2009€2,452$3,416-0.8%-6.1%
2008€2,473$3,6369.0%16.9%
2007€2,269$3,11010.8%20.9%
2006€2,048$2,57210.9%11.9%
2005€1,846$2,2984.9%5.1%
2004€1,760$2,1882.8%13.1%
2003€1,711$1,9357.7%28.9%
2002€1,589$1,5022.6%8.2%
2001€1,549$1,3872.3%-0.8%
2000€1,514$1,3994.8%-9.3%
1999€1,445$1,54212.0%
1998$1,3774.1%
1997$1,322-4.6%
1996$1,3860.6%
1995$1,37816.8%
1994$1,18012.8%
1993$1,046-1.5%
1992$1,0629.0%
1991$9751.8%
1990$95712.2%
1989$853-1.0%
1988$86210.0%
1987$78321.3%
1986$64635.6%
1985$4762.2%
1984$466-6.7%
1983$500-3.5%
1982$518-1.0%
1981$523-3.4%
1980$54117.5%
1979$4616.4%
1978$43314.3%
1977$379-6.9%
1976$407-7.5%
1975$44015.4%
1974$381-0.6%
1973$38422.4%
1972$31411.8%
1971$28010.4%
1970$254
Evolution: GDP growth rate at constant prices Cabo Verde
Evolution: GDP per capita Cabo Verde
GDP Cabo Verde