Cabo Verde 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$2.05 billion
↑ 12.64% vs 2020GDP per Capita
$3,971.44
↑ 12.21% vs 2020GDP Growth (Annual %)
7.03%
↑ 27.84pp vs 2020Inflation Rate (CPI %)
1.86%
↑ 1.26pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.82 billion | $2.05 billion | +12.64% |
| GDP per Capita | $3,539.23 | $3,971.44 | +12.21% |
| GDP Growth (Annual %) | -20.81% | 7.03% | +27.84pp |
| Inflation (CPI %) | 0.61% | 1.86% | +1.26pp |
| Unemployment Rate (%) | 14.69% | 13.98% | -0.71pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $2.05 billion
- GDP per Capita
- $3,971.44
- GDP Growth (Annual %)
- 7.03%
- Gross National Income
- $2.02 billion
Prices & Employment
- Inflation (CPI %)
- 1.86%
- Inflation (GDP Deflator %)
- 1.35%
- Unemployment Rate (%)
- 13.98%
- Interest Rate (Real %)
- 6.19%
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)
- -12.21%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Cabo Verde's Gross Domestic Product (GDP) is $2.05 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cabo Verde for 2021 is $3,971.44. 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 2021 is 1.86%. This measures the annual percentage change in the cost of consumer goods and services.
Cabo Verde's annual GDP growth rate for 2021 is 7.03%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cabo Verde for 2021 is 13.98%. This represents the percentage of the labor force that is unemployed and actively seeking employment.