Sub-Saharan Africa
🇨🇻 Cabo Verde
Real-time economic and demographic statistics for Cabo Verde
GDP
#184
of 214
Population
#172
of 217
GDP per Capita
#138
of 214
GDP Growth
#56
of 214
Share of World
0.00%
of world GDP
Income Level
Upper middle income
Cabo Verde GDP (2015–2024)
+7.27%annual growth
Chart data: 2015: 1,749,857,620.353 USD, 2016: 1,849,789,985.996 USD, 2017: 1,996,741,539.951 USD, 2018: 2,205,099,507 USD, 2019: 2,252,177,124.324 USD, 2020: 1,821,565,613.686 USD, 2021: 2,051,842,618.705 USD, 2022: 2,247,003,344.342 USD, 2023: 2,539,203,428.738 USD, 2024: 2,767,599,017.449 USD
Demographics
524,877
Population
+0.49%annual growth
Labor Market
11.88%
Unemployment Rate
-0.09ppannual change
Verified: Nov 2025
Economics
+1.05%
Inflation Rate
-2.68ppannual change
Frequently Asked Questions
- What is Cabo Verde's GDP?
- Cabo Verde's GDP is approximately $2.8 billion (2024, representing 0.0% of world GDP), making it the #184 largest economy out of 214 countries. Data sourced from the World Bank.
- What is Cabo Verde's population?
- Cabo Verde has a population of approximately 524,877 — the #172 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
- What is Cabo Verde's GDP per capita?
- Cabo Verde's GDP per capita is approximately $5,273, ranking #138 globally. This metric reflects average economic output per person and is a key indicator of living standards.
- How fast is Cabo Verde's economy growing?
- Cabo Verde's economy is currently growing at approximately 7.3% per year, ranking #56 globally by GDP growth rate. Data sourced from the World Bank.
- What region is Cabo Verde in?
- Cabo Verde is located in the Sub-Saharan Africa region and is classified as a upper middle income economy by the World Bank. This classification is based on gross national income (GNI) per capita.