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Cabo Verde GDP Per Capita (2026)

Latest Update: September 2026
Source: IMF
Cabo Verde has a service-oriented island economy supported by tourism, transport, trade, construction, fisheries, remittances, and public services. GDP per capita provides a useful measure of how national economic production compares with the country’s relatively small population and helps track development on a per-person basis. Explore Cabo Verde’s latest GDP per capita data, historical trends, growth patterns, and economic comparisons below.
GDP Per Capita 2026
$6,670
Est. in USD
World Rank
#111
Out of 195 countries
Change vs 2025
+11.3%
+$675
Africa Rank
#8
Out of 54 countries

1. Cabo Verde GDP Per Capita in 2026

Cabo Verde’s GDP per capita reflects economic output generated for each resident across tourism, services, transport, construction, and fisheries. Adjusting total GDP for population provides a standardized measure that makes comparisons with larger economies more meaningful. The indicator also helps show how visitor spending and service-sector activity translate into production per person.

2. Cabo Verde GDP Per Capita Growth (1980–2026)

3. Cabo Verde GDP Per Capita (Historical Data)

Year GDP Per Capita (USD) Annual Change
2026 $6,670 +11.3%
2025 $5,995 +12.5%
2024 $5,329 +8.5%
2023 $4,913 +10.5%
2022 $4,445 +9.2%
2021 $4,072 +11.7%
2020 $3,647 -19.0%
2019 $4,505 +1.6%
2018 $4,432 +10.0%
2017 $4,030 +7.5%

4. Cabo Verde GDP Per Capita Growth

1-Year Change
+11.3%
(2025 to 2026)
5-Year Change
+63.8%
(2021 to 2026)
10-Year Change
+77.9%
(2016 to 2026)
20-Year Change
+110.1%
(2006 to 2026)
Cabo Verde’s GDP per capita can be influenced by tourism demand, remittances, inflation, investment, external trade, and population changes. Because the economy depends significantly on services and international travel, external conditions can affect annual performance. Historical data helps show how output per resident has changed through periods of expansion, disruption, and recovery.

5. Cabo Verde GDP Per Capita vs Africa and World

Cabo Verde
$6,670
Africa Average
$3,302
World Average
$25,179
$0 $12,590 $25,179
USD
Cabo Verde’s GDP per capita is approximately 102.0% above the Africa average and 73.5% below the world average.

6. Cabo Verde GDP Per Capita Ranking in Africa

Rank Country GDP Per Capita (USD)
#5 Equatorial Guinea $8,152
#6 South Africa $7,503
#7 Libya $6,962
#8 Cabo Verde $6,670
#9 Algeria $6,628
#10 Namibia $5,573
#11 Morocco $5,107

7. GDP vs GDP Per Capita in Cabo Verde

Cabo Verde GDP (Nominal)
$3.4 Billion
(2026)
Cabo Verde GDP Per Capita
$6,670
(2026)
Cabo Verde’s total GDP measures the full scale of economic activity generated across the islands, while GDP per capita divides that output by population. Total GDP highlights the overall size of the economy, whereas GDP per capita provides a clearer measure of production generated for each resident. Considering both indicators together gives a more complete economic picture.
Explore more: Cabo Verde GDP

8. Cabo Verde GDP Per Capita Forecast

Year GDP Per Capita (USD) Change
2027 $7,114 +6.7%
2028 $7,580 +6.6%
2029 $8,090 +6.7%
2030 $8,636 +6.7%
Cabo Verde GDP per capita is projected to reach $8,636 by 2030, representing a 29.5% increase from the 2026 level.

9. Cabo Verde GDP Per Capita: Key Findings

Cabo Verde GDP per capita is estimated at $6,670 in 2026.
It ranks #111 globally and #8 in Africa.
GDP per capita increased by 11.3% compared with 2025.
Over the last 5 years, GDP per capita grew by 63.8%.
Over the last 10 years, GDP per capita grew by 77.9%.
It is approximately 102.0% above the Africa average.
It is approximately 73.5% below the world average.
The forecast reaches $8,636 by 2030, 29.5% above the 2026 level.

10. What Is GDP Per Capita?

GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita = GDP ÷ Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.

11. Methodology and Data Sources

Additional Sources: World Bank, United Nations
Population Source: UN Population Division
Currency: Current USD (Nominal)
Update Frequency: Annually
Last Updated: September 2026

12. Cabo Verde GDP Per Capita FAQs

Cabo Verde GDP per capita is estimated at $6,670 in 2026.
Cabo Verde ranks #111 globally and #8 in Africa by GDP per capita.
Yes. GDP per capita increased by approximately 11.3% compared with 2025.
Cabo Verde GDP per capita was approximately $3,561 in 2015.
Cabo Verde GDP per capita is approximately 102.0% above the Africa average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.