Cabo Verde GDP Growth Rate 1981-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Cabo Verde gdp growth rate for 2022 was 17.71%, a 10.9% increase from 2021.
  • Cabo Verde gdp growth rate for 2021 was 6.81%, a 26.11% increase from 2020.
  • Cabo Verde gdp growth rate for 2020 was -19.30%, a 26.94% decline from 2019.
  • Cabo Verde gdp growth rate for 2019 was 7.64%, a 3.93% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Cabo Verde 17.71%
Georgia 10.11%
Vietnam 8.02%
Philippines 7.57%
Bangladesh 7.10%
Kyrgyz Republic 7.02%
India 7.00%
Egypt 6.59%
Pakistan 6.19%
Uzbekistan 5.67%
Indonesia 5.31%
Mauritania 5.20%
Cambodia 5.16%
Kenya 4.85%
Mongolia 4.85%
Zambia 4.74%
Papua New Guinea 4.60%
Honduras 4.00%
West Bank and Gaza 3.93%
Eswatini 3.91%
Nicaragua 3.75%
Cameroon 3.54%
Kosovo 3.51%
Nigeria 3.25%
Ghana 3.24%
Bolivia 3.07%
Angola 3.05%
Myanmar 3.00%
Djibouti 3.00%
Lao PDR 2.71%
El Salvador 2.60%
Tunisia 2.52%
Vanuatu 1.85%
Kiribati 1.56%
Republic of Congo 1.55%
Morocco 1.08%
Sao Tome and Principe 0.93%
Lesotho 0.59%
Micronesia -0.62%
Sudan -0.95%
Solomon Islands -4.06%
Moldova -5.95%
Sri Lanka -7.82%
Timor-Leste -17.49%
Ukraine -29.10%
Cabo Verde GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2022 17.71% 10.90%
2021 6.81% 26.11%
2020 -19.30% -26.94%
2019 7.64% 3.93%
2018 3.71% -0.84%
2017 4.55% 0.27%
2016 4.28% 3.34%
2015 0.94% 0.24%
2014 0.70% 0.06%
2013 0.63% -0.45%
2012 1.08% -2.84%
2011 3.92% 2.09%
2010 1.84% 3.34%
2009 -1.50% -8.54%
2008 7.04% -8.13%
2007 15.17% 7.19%
2006 7.98% 1.07%
2005 6.91% -3.28%
2004 10.20% 6.02%
2003 4.18% -1.07%
2002 5.25% 3.02%
2001 2.23% -12.05%
2000 14.28% 3.06%
1999 11.22% -1.29%
1998 12.52% 1.40%
1997 11.12% -0.23%
1996 11.35% -2.87%
1995 14.21% -4.97%
1994 19.18% 10.47%
1993 8.71% -2.23%
1992 10.94% 9.53%
1991 1.40% 0.71%
1990 0.69% -5.01%
1989 5.70% -0.30%
1988 6.00% 1.69%
1987 4.31% 1.44%
1986 2.87% -5.77%
1985 8.64% 4.86%
1984 3.78% -5.74%
1983 9.52% 6.70%
1982 2.83% -5.63%
1981 8.45% -5.63%