Cabo Verde Inflation Rate 1984-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Cabo Verde inflation rate for 2021 was 1.86%, a 1.26% increase from 2020.
  • Cabo Verde inflation rate for 2020 was 0.61%, a 0.5% decline from 2019.
  • Cabo Verde inflation rate for 2019 was 1.11%, a 0.15% decline from 2018.
  • Cabo Verde inflation rate for 2018 was 1.26%, a 0.47% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 359.09%
Angola 25.75%
Zambia 22.02%
Nigeria 16.95%
Kyrgyz Republic 11.91%
Uzbekistan 10.85%
Ghana 9.97%
Georgia 9.57%
Pakistan 9.50%
Ukraine 9.36%
Sao Tome and Principe 8.14%
Mongolia 7.35%
Bhutan 7.35%
Sri Lanka 7.01%
Kenya 6.11%
Lesotho 6.05%
Tunisia 5.71%
Bangladesh 5.55%
Egypt 5.21%
India 5.13%
Moldova 5.11%
Nicaragua 4.93%
Papua New Guinea 4.48%
Honduras 4.48%
Philippines 3.93%
Lao PDR 3.76%
Mauritania 3.57%
El Salvador 3.47%
Kosovo 3.35%
Micronesia 3.19%
Cambodia 2.92%
Vanuatu 2.34%
Cameroon 2.27%
Cabo Verde 1.86%
Vietnam 1.83%
Republic of Congo 1.72%
Indonesia 1.56%
Morocco 1.40%
West Bank and Gaza 1.24%
Djibouti 1.18%
Bolivia 0.74%
Solomon Islands -0.12%
Cabo Verde Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 1.86% 1.26%
2020 0.61% -0.50%
2019 1.11% -0.15%
2018 1.26% 0.47%
2017 0.78% 2.19%
2016 -1.41% -1.54%
2015 0.13% 0.37%
2014 -0.24% -1.75%
2013 1.51% -1.03%
2012 2.54% -1.93%
2011 4.47% 2.40%
2010 2.08% 1.09%
2009 0.99% -5.78%
2008 6.77% 2.36%
2007 4.41% -0.96%
2006 5.37% 4.95%
2005 0.42% 2.31%
2004 -1.89% -3.08%
2003 1.19% -0.70%
2002 1.88% -1.47%
2001 3.35% 5.83%
2000 -2.48% -6.83%
1999 4.36% -0.04%
1998 4.39% -4.16%
1997 8.56% 2.59%
1996 5.96% -2.39%
1995 8.35% 4.90%
1994 3.45% -2.34%
1993 5.79% 2.67%
1992 3.12% -6.43%
1991 9.55% -1.10%
1990 10.65% 6.10%
1989 4.56% 0.48%
1988 4.07% 0.23%
1987 3.85% -7.03%
1986 10.87% 5.48%
1985 5.39% -5.86%
1984 11.25% -5.86%