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Cape Verde Cape Verde
Cape Verde

Cape Verde

Cape Verde or Cabo Verde, officially the Republic of Cabo Verde, is an island country and archipelagic state in the central Atlantic Ocean off the coast of West Africa. It consists of ten volcanic islands with a combined land area of about 4,033 square kilometres (1,557 sq mi). These islands lie between 600 and 850 kilometres (370 and 530 miles) west of Cap-Vert, the westernmost point of continental Africa, after which it is named. Cape Verde forms part of the Macaronesia ecoregion, along with the Azores, the Canary Islands, Madeira and the Savage Isles. The archipelago was uninhabited until the 15th century, when Portuguese explorers colonised the islands, establishing one of the first European settlements in the tropics. Its strategic position gave it a significant role in the transatlantic slave trade during the 16th and 17th centuries; the islands saw rapid economic growth driven by the trade of manufactured goods, rum, and cloth for African slaves, ivory, and gold. By the mid 19th century, increased foreign competition, persistent drought, and the decline of the slave trade led to economic decline and emigration; Cape Verde gradually recovered as an important commercial centre and stopping point for m... [More]
  • Last : 97,054.84-
  • High : 100,456.78-
  • Low : 96,421.54-
  • Max Fluctuation : 1,681.42-
  • Max Fluctuation % : 0.24%-
  • Open : 98,410.54-
  • Time : 12:22:17-
  • Yesterday : 98,410.54-
  • Change % : 1.4%-
  • Change : 1,355.7-
  • Last : 4,176.59-
  • High : 4,210.97-
  • Low : 4,159.96-
  • Max Fluctuation : 21.95-
  • Max Fluctuation % : 0.11%-
  • Open : 4,166.15-
  • Time : 12:25:02-
  • Yesterday : 4,166.15-
  • Change % : 0.25%-
  • Change : 10.44-
  • Last : 59.3-
  • High : 60.65-
  • Low : 58.58-
  • Max Fluctuation : 1.29-
  • Max Fluctuation % : 1.87%-
  • Open : 58.73-
  • Time : 12:24:18-
  • Yesterday : 58.72-
  • Change % : 0.99%-
  • Change : 0.58-
  • Last : 0.8598-
  • High : 0.8606-
  • Low : 0.8585-
  • Max Fluctuation : --
  • Max Fluctuation % : --
  • Open : 0.8594-
  • Time : 12:23:06-
  • Yesterday : 0.8594-
  • Change % : 0.05%-
  • Change : 0.0004-

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
-8820 25 Sep -8952 CVE Million
Banks Balance Sheet
303395 25 Sep 303498 CVE Million
Business Confidence
20 25 Jun 17 points
CPI Housing Utilities
111 25 Sep 111 points
CPI Transportation
120 25 Sep 122 points
Capital Flows
-13689 25 Jun 4270 CVE Million
Consumer Confidence
13 25 Jun 13 points
Consumer Price Index CPI
120 25 Sep 121 points
Consumer Spending
41052 25 Jun 43460 CVE Million
Core Consumer Prices
120 25 Sep 121 points
Core Inflation Rate
2.6 25 Sep 3.2 percent
Corruption Index
62 24 Dec 64 Points
Corruption Rank
35 24 Dec 30
Credit Rating
30 25 Nov
Currency
95.53 25 Nov 95.66
Current Account
836 25 Jun 7155 CVE Million
Current Account to GDP
3.8 24 Dec -2.7 percent of GDP
Deposit Interest Rate
1.67 24 Dec 0.76 percent
Employed Persons
199 24 Dec 190 Thousand
Employment Rate
53.6 24 Dec 51.8 percent
Exports
727 25 Sep 607 CVE Million
Food Inflation
0.6 25 Sep 1.9 percent
Foreign Direct Investment
2871 25 Jun 3485 CVE Million
Foreign Exchange Reserves
103905 25 Sep 103434 CVE Million
Full Year GDP Growth
7.3 24 Dec 5.4 percent
GDP
2.77 24 Dec 2.54 USD Billion
GDP Annual Growth Rate
6.2 25 Jun 3.7 percent
GDP Constant Prices
58621 25 Jun 60498 CVE Million
GDP Growth Rate
-3.1 25 Jun -3 percent
GDP from Agriculture
1445 25 Jun 3020 CVE Million
GDP from Construction
1680 25 Jun 1748 CVE Million
GDP from Manufacturing
2864 25 Jun 2761 CVE Million
GDP from Mining
97.6 25 Jun 102 CVE Million
GDP from Public Administration
7711 25 Jun 6352 CVE Million
GDP from Services
5902 25 Jun 5843 CVE Million
GDP from Transport
7547 25 Jun 7780 CVE Million
GDP from Utilities
3022 25 Jun 3864 CVE Million
GDP per Capita
4475 24 Dec 4192 USD
GDP per Capita PPP
9908 24 Dec 9281 USD
Government Budget
-2.9 24 Dec -0.3 percent of GDP
Government Debt to GDP
109 24 Dec 115 percent of GDP
Government Revenues
37452 25 Jun 18874 CVE Million
Government Spending
13578 25 Jun 11508 CVE Million
Gross Fixed Capital Formation
15371 25 Jun 11322 CVE Million
Imports
9546 25 Sep 9559 CVE Million
Inflation Rate
2.2 25 Sep 2.8 percent
Inflation Rate MoM
-0.4 25 Sep 0.2 percent
Interest Rate
2.5 25 Oct 2.5 percent
Labor Force Participation Rate
58.3 24 Dec 57.8 percent
Military Expenditure
16.8 24 Dec 14.4 USD Million
Minimum Wages
13000 25 Jan 13000 CVE/Month
Money Supply M0
129985 25 Sep 129951 CVE Million
Money Supply M1
131062 25 Sep 130410 CVE Million
Money Supply M2
261046 25 Sep 260361 CVE Million
Population
0.59 24 Dec 0.59 Million
Private Sector Credit
149278 25 Sep 148632 CVE Million
Remittances
2545 25 Jun 2528 CVE Million
Tourist Arrivals
253360 25 Jun 325135
Unemployed Persons
17.37 24 Dec 21.85 Thousand
Unemployment Rate
11.9 24 Dec 12 percent
Youth Unemployment Rate
20.3 24 Dec 23.9 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Business Confidence 20 10 7 3 6 points
CPI Transportation 120 121 122 122 122 points
Consumer Price Index CPI 120 118 120 119 120 points
Consumer Spending 41052 45362 43687 45824 45737 CVE Million
Core Consumer Prices 120 117 118 120 120 points
Core Inflation Rate 2.6 1.4 1.2 1.8 2.3 percent
Currency 95.53 102 102 102 102
Current Account to GDP 3.8 -6.3 percent of GDP
Food Inflation 0.6 0.4 2 0.3 -0.2 percent
Full Year GDP Growth 7.3 4.8 percent
GDP 2.77 2.65 USD Billion
GDP Annual Growth Rate 6.2 5.1 4.5 5 4.8 percent
GDP Constant Prices 58621 60279 58296 59990 59875 CVE Million
GDP from Agriculture 1445 2228 1308 1674 1671 CVE Million
GDP from Construction 1680 1354 1479 1635 1632 CVE Million
GDP from Manufacturing 2864 2984 3188 3251 3245 CVE Million
GDP from Mining 97.6 105 115 127 127 CVE Million
GDP from Public Administration 7711 6638 7420 6674 6661 CVE Million
GDP from Services 5902 6323 6039 6112 6100 CVE Million
GDP from Transport 7547 8218 7811 8027 8012 CVE Million
GDP from Utilities 3022 1457 1587 1551 1548 CVE Million
GDP per Capita PPP 9908 9734 USD
Government Budget -2.9 -3.3 percent of GDP
Government Debt to GDP 109 107 percent of GDP
Inflation Rate 2.2 1.8 2 1.3 1.5 percent
Inflation Rate MoM -0.4 0.4 0.6 0.3 -0.1 percent
Interest Rate 2.5 2.5 2.5 2 1.75 percent
Minimum Wages 13000 13000 CVE/Month
Population 0.59 0.6 Million
Unemployment Rate 11.9 9.5 percent