Cabo Verde 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$2.25 billion
↑ 9.51% vs 2021GDP per Capita
$4,323.31
↑ 8.86% vs 2021GDP Growth (Annual %)
15.84%
↑ 8.81pp vs 2021Inflation Rate (CPI %)
7.93%
↑ 6.07pp vs 2021Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.05 billion | $2.25 billion | +9.51% |
| GDP per Capita | $3,971.44 | $4,323.31 | +8.86% |
| GDP Growth (Annual %) | 7.03% | 15.84% | +8.81pp |
| Inflation (CPI %) | 1.86% | 7.93% | +6.07pp |
| Unemployment Rate (%) | 13.98% | 12.25% | -1.73pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $2.25 billion
- GDP per Capita
- $4,323.31
- GDP Growth (Annual %)
- 15.84%
- Gross National Income
- $2.22 billion
Prices & Employment
- Inflation (CPI %)
- 7.93%
- Inflation (GDP Deflator %)
- 6.34%
- Unemployment Rate (%)
- 12.25%
- Interest Rate (Real %)
- 1.40%
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)
- -3.48%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2022, 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 2022 is $4,323.31. 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 2022 is 7.93%. This measures the annual percentage change in the cost of consumer goods and services.
Cabo Verde's annual GDP growth rate for 2022 is 15.84%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cabo Verde for 2022 is 12.25%. This represents the percentage of the labor force that is unemployed and actively seeking employment.