Cape Verde GDP (2026)

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Last updated: GDP values are shown in current U.S. dollars

Cape Verde has developed a service-oriented island economy where tourism, transportation, commerce, and remittance inflows are especially important. Limited natural resources have encouraged the country to focus on international connectivity, hospitality, renewable energy, and maritime opportunities. This page examines Cape Verde GDP data, historical developments, and the economy in 2026.

Cape Verde Live GDP
$2,111,570,135
GDP Added Today
$4,983,834
GDP Growth Rate (2026)
4.80%
vs 2025
โ–ผ โˆ’0.70%
GDP Per Capita (2026)
$6,670
vs 2025
โ–ฒ +$675
Global Rank (Nominal)
N/A
of 218 countries
Years Covered
1980โ€“2026
47 years

Cape Verde GDP Growth (1980โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1980โ€“2026 GDP performance summary

Highest GDP $3.45B
Lowest GDP $144.00M
Average Growth 5.07%
1980โ€“2026
Best Growth 15.80%
Weakest Growth -20.80%
โ—‰

Share of World GDP (2026)

Cape Verde 0.00%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.18%
โ˜†

Key Findings

โœ“

Cape Verde's GDP in 2026 is $3.45B.

โœ“

It ranks #0 among 218 countries.

โœ“

Cape Verde contributes 0.00% to the world economy.

โœ“

GDP per capita is $6,670 in 2026.

โœ“

The economy recorded GDP growth of 4.80% in 2026.

Historical Data

Cape Verde GDP Historical Data (1980โ€“2026)

2026 $3,448,000,000 4.80% $6,670 0.00% #177
2025 $3,081,000,000 5.50% $5,995 0.00% #170
2024 $2,726,000,000 7.20% $5,329 0.00% #177
2023 $2,501,000,000 4.80% $4,913 0.00% #182
2022 $2,252,000,000 15.80% $4,445 0.00% #188
2021 $2,053,000,000 7.00% $4,072 0.00% #187
2020 $1,829,000,000 -20.80% $3,647 0.00% #187
2019 $2,251,000,000 6.90% $4,505 0.00% #185
2018 $2,205,000,000 3.70% $4,432 0.00% #185
2017 $1,997,000,000 4.60% $4,030 0.00% #186
2016 $1,850,000,000 4.30% $3,749 0.00% #187
2015 $1,750,000,000 0.90% $3,561 0.00% #187
2014 $2,042,000,000 0.70% $4,178 0.00% #185
2013 $2,029,000,000 0.60% $4,175 0.00% #182
2012 $1,913,000,000 1.10% $3,958 0.00% #184
2011 $2,047,000,000 3.90% $4,259 0.00% #182
2010 $1,825,000,000 1.80% $3,819 0.00% #180
2009 $1,852,000,000 -1.50% $3,919 0.00% #178
2008 $1,960,000,000 7.00% $4,190 0.00% #177
2007 $1,650,000,000 15.20% $3,565 0.00% #179
2006 $1,452,000,000 9.10% $3,174 0.00% #179
2005 $1,395,000,000 5.80% $3,091 0.00% #177
2004 $1,263,000,000 4.90% $2,839 0.00% #177
2003 $1,105,000,000 7.50% $2,524 0.00% #178
2002 $867,000,000 5.30% $2,015 0.00% #183
2001 $791,000,000 6.10% $1,875 0.00% #180
2000 $699,000,000 7.30% $1,690 0.00% #182
1999 $693,000,000 11.90% $1,709 0.00% #175
1998 $648,000,000 8.40% $1,632 0.00% #174
1997 $609,000,000 7.60% $1,569 0.00% #174
1996 $611,000,000 6.70% $1,611 0.00% #171
1995 $570,000,000 7.50% $1,541 0.00% #169
1994 $450,000,000 6.90% $1,247 0.00% #167
1993 $431,000,000 7.30% $1,190 0.00% #165
1992 $479,000,000 3.00% $1,356 0.00% #159
1991 $443,000,000 1.40% $1,285 0.00% #147
1990 $413,000,000 0.70% $1,224 0.00% #146
1989 $332,000,000 5.70% $1,007 0.00% #142
1988 $322,000,000 6.00% $997 0.00% #141
1987 $264,000,000 4.30% $836 0.00% #141
1986 $212,000,000 2.90% $685 0.00% #141
1985 $164,000,000 8.60% $542 0.00% #145
1984 $146,000,000 3.80% $494 0.00% #144
1983 $144,000,000 9.50% $494 0.00% #142
1982 $149,000,000 2.80% $522 0.00% #141
1981 $187,000,000 8.50% $669 0.00% #139
1980 $157,000,000 5.30% $569 0.00% #138

Cape Verde GDP Projections (IMF)

i
Year GDP Nominal (Current USD) GDP Growth Rate (%) GDP Per Capita (USD) World Share (%) Global Rank
2027 $3,699,000,000 5.00% $7,114 0.00% #161
2028 $3,963,000,000 5.00% $7,580 0.00% #161
2029 $4,253,000,000 5.10% $8,090 0.00% #161
2030 $4,565,000,000 5.10% $8,636 0.00% #161
2031 $4,902,000,000 5.10% $9,217 0.00% #161

Cape Verde Economy Overview

Cape Verde has a service-dominated economy shaped by tourism, transportation, commerce, and strong connections with its overseas diaspora. Resorts and international travel are particularly important on islands such as Sal and Boa Vista, generating employment across hospitality, aviation, restaurants, and construction. Remittances provide substantial support to household income, while fisheries and small-scale agriculture contribute to domestic production. Limited rainfall and natural resources make the country dependent on imports. Investments in ports, airports, wind and solar power, and digital connectivity are helping improve economic resilience.

Cape Verde GDP Outlook

Cape Verdeโ€™s future performance is likely to depend on tourism, remittances, transport services, and continued investment in renewable energy and infrastructure. Greater air and maritime connectivity could strengthen its role as an Atlantic service hub. Digital business, fisheries, and higher-value tourism offer additional opportunities. Water scarcity, import dependence, climate change, high transport costs, and sensitivity to European travel demand remain major challenges.