Cabo Verde 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$2.21 billion
↑ 10.43% vs 2017GDP per Capita
$4,294.97
↑ 10.32% vs 2017GDP Growth (Annual %)
3.71%
↓ 0.84pp vs 2017Inflation Rate (CPI %)
1.26%
↑ 0.47pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.00 billion | $2.21 billion | +10.43% |
| GDP per Capita | $3,893.10 | $4,294.97 | +10.32% |
| GDP Growth (Annual %) | 4.55% | 3.71% | -0.84pp |
| Inflation (CPI %) | 0.78% | 1.26% | +0.47pp |
| Unemployment Rate (%) | 12.24% | 12.17% | -0.07pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $2.21 billion
- GDP per Capita
- $4,294.97
- GDP Growth (Annual %)
- 3.71%
- Gross National Income
- $2.16 billion
Prices & Employment
- Inflation (CPI %)
- 1.26%
- Inflation (GDP Deflator %)
- 1.70%
- Unemployment Rate (%)
- 12.17%
- Interest Rate (Real %)
- 7.15%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -4.40%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Cabo Verde's Gross Domestic Product (GDP) is $2.21 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cabo Verde for 2018 is $4,294.97. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Cabo Verde for 2018 is 1.26%. This measures the annual percentage change in the cost of consumer goods and services.
Cabo Verde's annual GDP growth rate for 2018 is 3.71%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cabo Verde for 2018 is 12.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.