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Cabo Verde — GDP growth

GDP Growth (Annual %) for Cabo Verde, 1981–2025.

Latest value · 2025
6.30%
GDP Growth (Annual %) · annual % · -25.5% since 1981

GDP growth for Cabo Verde was 6.30% in 2025, according to the latest World Bank data. The series covers 45 years, from 1981 to 2025. The highest recorded value was 19.18% in 1994. The lowest was -20.81% in 2020 (about -3.3× the latest value). Across that span the compound annual growth rate works out to -0.67% per year.

Cabo Verde ranks 33 of 212 economies on this measure (1 = highest), putting it in the top 16%. The median for Sub-Saharan Africa is 4.61%, so Cabo Verde sits above it. It peaked in 1994 and has fallen 67% since. Over the last decade (2015–2025) the figure moved up 573%.

Key figures

Latest (2025)
6.30%
First (1981)
8.45%
Change
-25.5%
Highest
19.18%
in 1994
Lowest
-20.81%
in 2020
Average
6.09%
Annual growth (CAGR)
-0.67%
Years of data
45

Recent years

Yearannual %
20256.3%
20246.99%
20234.79%
202215.84%
20217.03%
2020-20.81%
20196.95%
20183.71%
20174.55%
20164.28%
20150.94%
20140.7%
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.