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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 |