Cabo Verde 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$2.25 billion
↑ 2.13% vs 2018GDP per Capita
$4,380.78
↑ 2.00% vs 2018GDP Growth (Annual %)
6.95%
↑ 3.24pp vs 2018Inflation Rate (CPI %)
1.11%
↓ 0.15pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.21 billion | $2.25 billion | +2.13% |
| GDP per Capita | $4,294.97 | $4,380.78 | +2.00% |
| GDP Growth (Annual %) | 3.71% | 6.95% | +3.24pp |
| Inflation (CPI %) | 1.26% | 1.11% | -0.15pp |
| Unemployment Rate (%) | 12.17% | 12.13% | -0.04pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $2.25 billion
- GDP per Capita
- $4,380.78
- GDP Growth (Annual %)
- 6.95%
- Gross National Income
- $2.21 billion
Prices & Employment
- Inflation (CPI %)
- 1.11%
- Inflation (GDP Deflator %)
- 0.69%
- Unemployment Rate (%)
- 12.13%
- Interest Rate (Real %)
- 8.39%
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)
- -0.97%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Cabo Verde's Gross Domestic Product (GDP) is $2.25 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cabo Verde for 2019 is $4,380.78. 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 2019 is 1.11%. This measures the annual percentage change in the cost of consumer goods and services.
Cabo Verde's annual GDP growth rate for 2019 is 6.95%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cabo Verde for 2019 is 12.13%. This represents the percentage of the labor force that is unemployed and actively seeking employment.