Online Forum
Cape Verde Cape Verde
Cape Verde

Cape Verde

Cape Verde ( (listen)) or Cabo Verde ( (listen), ) (Portuguese: Cabo Verde, pronounced [ˈkabu ˈveɾdɨ]), officially the Republic of Cabo Verde, is an archipelago and island country in the central Atlantic Ocean, consisting of ten volcanic islands with a combined land area of about 4,033 square kilometres (1,557 sq mi). These islands lie about 600 to 850 kilometres (320 to 460 nautical miles) west of Cap-Vert situated at the westernmost point of continental Africa. The Cape Verde islands form part of the Macaronesia ecoregion, along with the Azores, the Canary Islands, Madeira, and the Savage Isles. The Cape Verde archipelago appears not to have been inhabited by humans until the 15th century, when Portuguese explorers discovered and colonized the islands, thus establishing the first European settlement in the tropics. Because the Cape Verde islands were ideally located to play a role in the Atlantic slave-trade, Cape Verde became economically prosperous during the 16th and 17th centuries, attracting merchants, privateers, and pirates. It declined economically in the 19th century due to the suppression of the Atlantic slave-trade, and many of its inhabitants emigrated during that period. However, Cape Verde ... [More]
  • Last : 48,984.2
  • High : 50,191.8
  • Low : 48,054.3
  • Max Fluctuation : 233.7
  • Max Fluctuation % : 0.13%
  • Open : 48,080.1
  • Time : 17:33:41
  • Yesterday : 48,085.2
  • Change % : 1.87%
  • Change : 899
  • Last : 1,729.51
  • High : 1,735.73
  • Low : 1,707.74
  • Max Fluctuation : 3.76
  • Max Fluctuation % : 0.78%
  • Open : 1,722.05
  • Time : 17:34:10
  • Yesterday : 1,722.05
  • Change % : 0.43%
  • Change : 7.46
  • Last : 61.13
  • High : 61.13
  • Low : 59.48
  • Max Fluctuation : 0.15
  • Max Fluctuation % : 2.02%
  • Open : 60.2
  • Time : 17:34:11
  • Yesterday : 60.2
  • Change % : 1.54%
  • Change : 0.93
  • Last : 0.8314
  • High : 0.834
  • Low : 0.8299
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8302
  • Time : 17:33:07
  • Yesterday : 0.8302
  • Change % : 0.14%
  • Change : 0.0012

Cape Verde Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
CVE/USD Ask 0.0109 - 0.0109 0.0109 0.00 0.00% 2021/03/01 Time 15:51
EUR/CVE Ask 111.778 - 111.713 111.797 0.00 0.00% 2021/02/27 Time 1:56
GBP/CVE Ask 128.1473 - 128.1473 128.1473 0.00 0.00% 2021/02/25 Time 4:21
USD/CVE Ask 90.66 - 90.66 90.66 0.00 0.00% 2021/02/25 Time 4:21
CVE/GBP Ask 0.0078 - 0.0078 0.0078 0.00 0.00% 2021/02/23 Time 4:14

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-4351.80 21 May -5417 -27693 : -1865 Monthly May/21

Banks Balance Sheet

240570.67 20 Nov 239385 134798 : 240571 Monthly

Business Confidence

-15.00 20 Dec -10 -15 : 20 Quarterly

CPI Transportation

0 21 Jan 101 86.4 : 109 Monthly

Capital Flows

0 20 Sep -5731 -9432 : 2518 Quarterly

Competitiveness Index

0 19 Dec 50.19 3.51 : 50.83 Yearly

Competitiveness Rank

0 19 Dec 111 105 : 122 Yearly

Consumer Confidence

8.00 20 Dec 16 4 : 24 Quarterly

Consumer Price Index Cpi

101.07 21 Jan 101 81.9 : 102 Monthly

Consumer Spending

24395.00 20 Sep 22550 16725 : 30378 Quarterly

Core Consumer Prices

0 21 Jan 102 92.28 : 103 Monthly

Core Inflation Rate

0.00 21 Jan 0.2 -0.8 : 3.7 Monthly

Coronavirus Cases

0 21 Feb 15253 0 : 15324 Daily Feb/21

Coronavirus Deaths

0 21 Feb 146 0 : 147 Daily Feb/21

Coronavirus Recovered

0 21 Feb 14694 0 : 14754 Daily Feb/21

Corruption Index

0 20 Dec 58 49 : 60 Yearly

Corruption Rank

0 20 Dec 41 38 : 49 Yearly

Cpi Housing Utilities

0 21 Jan 101 80.3 : 114 Monthly

Credit Rating

0 21 Feb : Monthly 27

Currency

91.43 21 Mar 91.2 72.84 : 106 Daily

Current Account

-8631.10 20 Sep -8437 -11803 : 9533 Quarterly

Current Account to GDP

-0.20 19 Dec -4.5 -16.2 : 3.04 Yearly Dec/19

Deposit Interest Rate

1.50 19 Dec 1.9 1.5 : 5.27 Yearly

Ease of Doing Business

0 19 Dec 131 119 : 147 Yearly

Employed Persons

206344.00 19 Dec 195000 177297 : 209725 Yearly Dec/19

Employment Rate

50.90 19 Dec 48.8 48.8 : 54.2 Yearly Dec/19

Exports

556.20 20 Dec 607 37.3 : 4909 Monthly

Food Inflation

-3.00 21 Jan -2.6 -3.7 : 13.8 Monthly

Foreign Direct Investment

2177.70 20 Sep 1310 -488 : 8370 Quarterly

Foreign Exchange Reserves

66704.00 20 Nov 70154 784 : 76483 Monthly

GDP

1.98 19 Dec 1.97 0.13 : 1.98 Yearly

GDP Annual Growth Rate

-18.20 20 Sep -31.7 -31.7 : 13.6 Quarterly

GDP Constant Prices

0 20 Sep 28374 28374 : 44007 Quarterly

GDP From Agriculture

1327.00 20 Sep 2272 1327 : 4151 Quarterly

GDP From Construction

4565.00 20 Sep 2701 2058 : 4645 Quarterly

GDP From Manufacturing

2026.00 20 Sep 1627 1271 : 2857 Quarterly

GDP From Mining

92.00 20 Sep 55 55 : 297 Quarterly

GDP From Public Administration

7683.00 20 Sep 7198 3137 : 7683 Quarterly

GDP From Services

3381.00 20 Sep 2653 2653 : 4819 Quarterly

GDP From Transport

2313.00 20 Sep 1128 1128 : 3960 Quarterly

GDP From Utilities

1317.00 20 Sep 1248 204 : 1461 Quarterly

GDP Per Capita Ppp

7171.80 19 Dec 6864 1731 : 7172 Yearly

GDP per capita

3907.70 19 Dec 2749 497 : 2749 Yearly

Government Budget

-1.80 19 Dec -2.7 -10.5 : 6.3 Yearly

Government Debt to GDP

124.70 19 Dec 125 57.17 : 128 Yearly Dec/19

Government Revenues

0 20 Sep 19710 3862 : 57389 Quarterly

Government Spending

7067.00 20 Sep 7040 4810 : 7964 Quarterly

Gross Fixed Capital Formation

0 20 Sep 11650 6801 : 19599 Quarterly

IP Addresses

0 17 Mar 14240 587 : 14959 Quarterly

Imports

7135.10 20 Dec 5636 2004 : 32602 Monthly

Inflation Rate

-0.90 21 Jan -0.9 -4.4 : 10.2 Monthly Jan/21

Inflation Rate Mom

-0.30 21 Jan -0.1 -1.3 : 1.4 Monthly

Interest Rate

1.00 20 Sep 1 1 : 10.5 Daily Sep/20

Internet Speed

0 17 Mar 3972 209 : 5450 Quarterly

Labor Force Participation Rate

57.40 19 Dec 55.6 55.6 : 63.7 Yearly Dec/19

Military Expenditure

0 18 Dec 9 4 : 11 Yearly

Minimum Wages

13000.00 20 Jan 13000 11000 : 13000 Yearly Jan/20

Money Supply M0

0 20 Nov 110294 87393 : 110294 Monthly

Money Supply M1

0 20 Nov 91030 47147 : 880380 Monthly

Money Supply M2

0 20 Nov 201324 18496 : 1234914 Monthly

Population

0.55 19 Dec 0.54 0.2 : 0.55 Yearly Dec/19

Private Sector Credit

0 20 Nov 113196 4270 : 113253 Monthly

Remittances

1221.10 20 Sep 1739 523 : 2169 Monthly

Sales Tax Rate

15.00 20 Dec 15 15 : 15 Yearly

Tourist Arrivals

170778.00 20 Mar 224049 71246 : 312880 Quarterly

Unemployed Persons

26259.00 19 Dec 27028 21168 : 37915 Yearly Dec/19

Unemployment Rate

11.29 19 Dec 12.2 10.7 : 21.4 Yearly Dec/19

Youth Unemployment Rate

24.90 19 Dec 27.8 21.3 : 41 Yearly Dec/19
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade -4351.80 -5830 -5830 -5712 -5830 -6660 May/21
Banks Balance Sheet 240570.67 252000 252000 250000 248000 254000
Business Confidence -15.00 4 6 5.5 2 8
Consumer Confidence 8.00 15 17 20 13 18
Consumer Price Index Cpi 101.07 102 102 103 103 104
Consumer Spending 24395.00 26496 23227 23227 24981 24388
Core Inflation Rate 0.00 1.3 1.5 1.7 1 1.8
Currency 91.43 91.72 92.13 92.53 91.32 93.33
Current Account -8631.10 -1780 -1780 -1780 -1780 -2714
Current Account to GDP -0.20 -7 -7 -7 -7 -4.7 Dec/19
Deposit Interest Rate 1.50 1.5 1.5 3 3 3
Employed Persons 206344.00 198000 198000 197000 198000 197000 Dec/19
Employment Rate 50.90 51.3 51.3 51 51.3 51 Dec/19
Exports 556.20 670 670 740 670 740
Food Inflation -3.00 0.7 1 1 0.3 2.3
Foreign Direct Investment 2177.70 1500 1500 1750 1500 1750
Foreign Exchange Reserves 66704.00 61970 61970 62700 61970 62700
GDP 1.98 1.8 1.8 1.8 1.8 1.9
GDP Annual Growth Rate -18.20 17.5 3 3 -2 5
GDP From Agriculture 1327.00 2670 2340 2340 2354 2457
GDP From Construction 4565.00 3174 2782 2782 4032 2921
GDP From Manufacturing 2026.00 1912 1676 1676 2800 1760
GDP From Mining 92.00 64.63 56.65 56.65 82.32 59.48
GDP From Public Administration 7683.00 8458 7414 7414 6864 7785
GDP From Services 3381.00 3117 2733 2733 4175 2869
GDP From Transport 2313.00 1325 1162 1162 3594 1220
GDP From Utilities 1317.00 1466 1285 1285 1330 1350
GDP Per Capita Ppp 7171.80 6850 6850 6850 6600 7000
GDP per capita 3907.70 3750 3750 3750 3750 3900
Government Budget -1.80 -8 -8 -8 -8 -6
Government Debt to GDP 124.70 138 138 138 138 137 Dec/19
Government Spending 7067.00 8272 7251 7251 6834 7614
Imports 7135.10 6500 6500 7400 6500 7400
Inflation Rate -0.90 0.4 0.6 1.1 0.8 1.3 Jan/21
Inflation Rate Mom -0.30 0.5 0.5 0.6 0.2 0.4
Interest Rate 1.00 1 1 1 1 1 Sep/20
Labor Force Participation Rate 57.40 60 60 62 60 62 Dec/19
Minimum Wages 13000.00 15000 15000 15000 15000 15000 Jan/20
Population 0.55 0.56 0.56 0.54 0.56 0.54 Dec/19
Remittances 1221.10 1400 1400 1400 1400 1577
Sales Tax Rate 15.00 15 15 15 15 15
Tourist Arrivals 170778.00 157000 170000 170000 163000 180000
Unemployed Persons 26259.00 28600 28600 29000 28600 29000 Dec/19
Unemployment Rate 11.29 12.8 12.8 12.8 12.8 12.4 Dec/19
Youth Unemployment Rate 24.90 32 32 29.7 32 29.7 Dec/19