🇨🇻 Cape Verde
CV / CPV #165
Nomad Score
59.0
Cities
10
Region
African Union,
Lusophone,
Nomad Visa Countries,
Islands,
Africa,
Africa,
Western Africa
Currency
CVE
📊 KEY INDICATORS
GDP per capita (PPP) (2031)
$19,375
GDP (2031)
$4.9B
GDP Growth (2031)
5.1%
→
Inflation (2031)
2.0%
→
Unemployment (2031)
8.5%
→
Population (2031)
532.0K
Pop. Growth (2031)
0.6%
→
Gini Index (2015)
42.4
Govt Debt (2031)
71.4% of GDP
Current Account (2031)
-2.3% of GDP
FDI Inflows (2024)
$109.9M
Life Expectancy (2024)
76.2 yrs
Health Spending (2023)
5.9% of GDP
Internet Users (2024)
74.7%
Mobile Subs (2024)
111.8/100
Trade Openness (2024)
96.5% of GDP
Exchange Rate (2024)
101.92/USD
Foreign Reserves (2024)
$783.1M
💰 GDP OVERVIEW
👤 GDP PER CAPITA (PPP)
📉 INFLATION (CPI)
👷 UNEMPLOYMENT
👥 POPULATION
🏛 FISCAL & TRADE
Govt Debt (2031)
71.4% of GDP
Current Account (2031)
-2.3% of GDP
FDI Inflows (2024)
$109.9M
⚖️ INCOME INEQUALITY (GINI)
Gini Index (2015)
0.42
Assessment
High inequality
🏢 BUSINESS ENVIRONMENT
New Business Density (2022)
18.50/1k
Tax Revenue (2020)
18.4% of GDP
Services Sector (2024)
68.7% of GDP
🏧 FINANCIAL ACCESS & COSTS
ATMs per 100k (2023)
49.0
Bank Branches per 100k (2023)
29.9
ICT Service Exports (2024)
1.5%
Goods & Services Tax (2020)
11.2%
📋 HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2031 * | $4.9B | $19,375 | 5.1% | 2.0% | 8.5% | 532.0K | - | 71.4% | -2.3% | - | - | - | - | - |
| 2030 * | $4.6B | $18,145 | 5.1% | 2.0% | 8.5% | 529.0K | - | 76.1% | -2.3% | - | - | - | - | - |
| 2029 * | $4.3B | $17,001 | 5.1% | 2.0% | 8.5% | 526.0K | - | 81.1% | -2.1% | - | - | - | - | - |
| 2028 * | $4.0B | $15,933 | 5.0% | 2.0% | 8.5% | 523.0K | - | 85.8% | -1.8% | - | - | - | - | - |
| 2027 * | $3.7B | $14,957 | 5.0% | 2.1% | 8.5% | 520.0K | - | 90.7% | -1.2% | - | - | - | - | - |
| 2026 * | $3.4B | $14,023 | 4.8% | 2.2% | 8.5% | 517.0K | - | 95.9% | -0.4% | - | - | - | - | - |
| 2025 | $3.1B | $12,604 | 5.5% | 2.3% | 8.5% | 514.0K | - | 101.0% | 3.6% | - | - | - | - | - |
| 2024 | $2.7B | $11,195 | 7.2% | 1.1% | 8.5% | 512.0K | - | 112.8% | 3.9% | $109.9M | 76.2 | - | 74.7% | 101.92 |
| 2023 | $2.5B | $10,242 | 4.8% | 3.7% | 8.5% | 509.0K | - | 117.5% | -2.7% | $158.7M | 76.1 | 5.9% | 74.6% | 101.80 |
| 2022 | $2.3B | $9,481 | 15.8% | 7.9% | 8.5% | 507.0K | - | 127.6% | -3.5% | $122.0M | 75.9 | 6.7% | 73.3% | 104.86 |
| 2021 | $2.1B | $7,685 | 7.0% | 1.9% | 8.5% | 504.0K | - | 149.5% | -12.1% | $91.5M | 74.4 | 6.6% | 70.3% | 93.22 |
| 2020 | $1.8B | $6,853 | -20.8% | 0.6% | 8.5% | 502.0K | - | 149.1% | -15.4% | $67.6M | 73.8 | 7.0% | 69.4% | 96.80 |
| 2019 | $2.3B | $8,646 | 6.9% | 1.1% | 8.5% | 500.0K | - | 109.8% | 0.2% | $122.9M | 75.5 | 4.8% | 61.9% | 98.50 |
| 2018 | $2.2B | $7,916 | 3.7% | 1.3% | 12.2% | 498.0K | - | 112.3% | -4.8% | $103.6M | 74.8 | 4.8% | 59.5% | 93.41 |
| 2017 | $2.0B | $7,936 | 4.6% | 0.8% | 12.2% | 496.0K | - | 113.0% | -7.0% | $111.7M | 74.7 | 4.5% | 57.2% | 97.81 |
| 2016 | $1.9B | $7,351 | 4.3% | -1.4% | 15.0% | 493.0K | - | 115.6% | -3.4% | $126.3M | 74.4 | 4.4% | 50.3% | 99.69 |
| 2015 | $1.8B | $6,773 | 0.9% | 0.1% | 12.4% | 491.0K | 42.4 | 115.7% | -2.9% | $96.1M | 74.1 | 4.4% | 42.7% | 99.39 |
| 2014 | $2.0B | $6,417 | 0.7% | -0.2% | 15.8% | 489.0K | - | 105.7% | -8.3% | $180.6M | 73.8 | 4.9% | 40.3% | 83.03 |
| 2013 | $2.0B | $6,367 | 0.6% | 1.5% | 16.4% | 486.0K | - | 93.5% | -4.4% | $89.3M | 73.5 | 4.8% | 37.5% | 83.07 |
| 2012 | $1.9B | $6,318 | 1.1% | 2.5% | 16.8% | 483.0K | - | 82.9% | -11.5% | $128.0M | 73.3 | 4.7% | 34.7% | 86.32 |
| 2011 | $2.0B | $6,384 | 3.9% | 4.5% | 12.2% | 481.0K | - | 71.6% | -14.8% | $102.2M | 72.9 | 3.9% | 32.0% | 79.28 |
| 2010 | $1.8B | $6,039 | 1.8% | 2.1% | 10.7% | 478.0K | - | 66.2% | -11.3% | $116.2M | 72.5 | 4.1% | 30.0% | 83.28 |
| 2009 | $1.9B | $5,901 | -1.5% | 1.0% | 13.0% | 473.0K | - | 58.8% | -13.4% | $126.0M | 72.1 | 3.6% | 21.0% | 80.04 |
| 2008 | $2.0B | $6,011 | 7.0% | 6.8% | 13.0% | 468.0K | - | 57.5% | -12.5% | $210.9M | 71.9 | 3.3% | 14.0% | 75.34 |
| 2007 | $1.7B | $5,567 | 15.2% | 4.4% | 15.2% | 463.0K | 47.2 | 59.6% | -11.9% | $191.8M | 71.5 | 3.8% | 8.3% | 80.62 |
| 2006 | $1.5B | $4,758 | 9.1% | 4.8% | 13.5% | 457.0K | - | 66.2% | -4.1% | $131.5M | 71.3 | 3.8% | 6.8% | 87.93 |
| 2005 | $1.4B | $4,324 | 5.8% | 0.4% | 21.4% | 451.0K | - | 66.7% | -2.4% | $80.5M | 70.9 | 3.3% | 6.1% | 88.65 |
🧭 CONTINUE EXPLORING CAPE VERDE