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Cape Verde Cape Verde
Cape Verde

Cape Verde

Cape Verde ( , VURD or VUR-dee) or Cabo Verde ( , KA(H)B-oh VUR-day; Portuguese: [ˈkaβu ˈveɾðɨ]), 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 between 600 and 850 kilometres (320 and 460 nautical miles) west of Cap-Vert, 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 was uninhabited 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 conveniently 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 after the suppression of the Atlantic slave trade, and many of its inhabitants emigrated during that period. However, Cape Verde gradually recovered economically by b... [More]
  • Last : 27,434.92
  • High : 27,873.78
  • Low : 27,347.79
  • Max Fluctuation : 217.11
  • Max Fluctuation % : 0.32%
  • Open : 27,843.21
  • Time : 04:25:42
  • Yesterday : 27,843.21
  • Change % : 1.49%
  • Change : 408.29
  • Last : 1,824.14
  • High : 1,829.2
  • Low : 1,821.29
  • Max Fluctuation : 3.78
  • Max Fluctuation % : 0.1%
  • Open : 1,827.62
  • Time : 04:24:56
  • Yesterday : 1,827.6
  • Change % : 0.19%
  • Change : 3.46
  • Last : 88.34
  • High : 88.72
  • Low : 88.28
  • Max Fluctuation : 0.07
  • Max Fluctuation % : 0.12%
  • Open : 88.72
  • Time : 04:24:56
  • Yesterday : 88.72
  • Change % : 0.43%
  • Change : 0.38
  • Last : 0.9547
  • High : 0.9554
  • Low : 0.9523
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9543
  • Time : 04:25:23
  • Yesterday : 0.9543
  • Change % : 0.04%
  • Change : 0.0004

Cape Verde Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/CVE Ask 110.265 - 110.265 110.265 0.00 0.00% 2023/09/29 Time 20:37
USD/CVE Ask 102.911 - 102.858 103.042 0.00 0.00% 2022/06/01 Time 21:37
GBP/CVE Ask 129.4646 - 129.4646 129.4646 0.00 0.00% 2022/06/01 Time 16:05

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Metric
Balance of Trade
-7247 23 Jun -7460 CVE Million
Banks Balance Sheet
279056 23 Jul 277913 CVE Million
Business Confidence
6 23 Jun 2 points
CPI Housing Utilities
109 23 Aug 107 points
CPI Transportation
118 23 Aug 120 points
Capital Flows
-4542 23 Mar -7087 CVE Million
Competitiveness Index
50.83 19 Dec 50.19 Points
Competitiveness Rank
112 19 Dec 111
Consumer Confidence
11 23 Jun 11 points
Consumer Price Index CPI
117 23 Aug 116 points
Consumer Spending
41446 23 Mar 44872 CVE Million
Core Consumer Prices
116 23 Aug 115 points
Core Inflation Rate
3.4 23 Aug 3.8 percent
Coronavirus Cases
63779 23 May 63754 Persons
Coronavirus Deaths
409 22 Jul 408 Persons
Coronavirus Vaccination Rate
145 22 Sep 145 doses per 100 people
Coronavirus Vaccination Total
859940 22 Sep 857874 doses
Corruption Index
60 22 Dec 58 Points
Corruption Rank
35 22 Dec 39
Credit Rating
25 23 Jul
Currency
105 23 Oct 104
Current Account
-616 23 Mar -1319 CVE Million
Current Account to GDP
-3.4 22 Dec -11.8 percent of GDP
Deposit Interest Rate
0.97 22 Dec 0.67 percent
Ease of Doing Business
137 19 Dec 131
Employed Persons
199216 22 Dec 186627 Thousand
Employment Rate
56.5 22 Dec 45.3 percent
Exports
676 23 Jun 428 CVE Million
Food Inflation
8.8 23 Aug 8.1 percent
Foreign Direct Investment
3080 23 Mar 2328 CVE Million
Foreign Exchange Reserves
69003 23 Jun 70210 CVE Million
Full Year GDP Growth
17 22 Dec 6.4 percent
GDP
2.31 22 Dec 2.09 USD Billion
GDP Annual Growth Rate
6.7 23 Mar 9.5 percent
GDP Constant Prices
52042 23 Mar 55416 CVE Million
GDP From Agriculture
1707 23 Mar 1656 CVE Million
GDP From Construction
2546 23 Mar 2570 CVE Million
GDP From Manufacturing
2605 23 Mar 2827 CVE Million
GDP From Mining
148 23 Mar 150 CVE Million
GDP From Public Administration
5520 23 Mar 6077 CVE Million
GDP From Services
5470 23 Mar 6262 CVE Million
GDP From Transport
4599 23 Mar 5087 CVE Million
GDP From Utilities
928 23 Mar 1135 CVE Million
GDP Growth Rate
-6.1 23 Mar 1.2 percent
GDP per capita
3643 22 Dec 3122 USD
GDP per capita PPP
7692 22 Dec 6593 USD
Government Budget
-4.2 22 Dec -7.3 percent of GDP
Government Debt to GDP
127 22 Dec 157 percent of GDP
Government Revenues
14981 22 Dec 13715 CVE Millions
Government Spending
10834 22 Dec 9678 CVE Million
Gross Fixed Capital Formation
8696 23 Mar 7042 CVE Million
IP Addresses
14030 17 Mar 14240 IP
Imports
7924 23 Jun 7889 CVE Million
Inflation Rate
2.9 23 Aug 2.6 percent
Inflation Rate Mom
0.9 23 Aug 0.2 percent
Interest Rate
1 23 Aug 1 percent
Internet Speed
3848 17 Mar 3972 KBps
Labor Force Participation Rate
62.4 22 Dec 53 percent
Military Expenditure
10.3 22 Dec 11.2 USD Million
Minimum Wages
13000 23 Jan 13000 CVE/Month
Money Supply M0
115596 23 Jun 114486 CVE Million
Money Supply M1
109253 23 Jun 107042 CVE Million
Money Supply M2
224849 23 Jun 221528 CVE Million
Population
0.58 22 Dec 0.57 Million
Private Sector Credit
130970 23 Jun 128702 CVE Million
Remittances
2406 23 Mar 1843 CVE Million
Tourist Arrivals
216148 23 Mar 284611
Unemployed Persons
20707 22 Dec 31724 Thousand
Unemployment Rate
13.6 22 Dec 13.9 percent
Youth Unemployment Rate
21.2 22 Dec 32.5 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade -7247 -7200 -6025 -6025 -6025 CVE Million
Business Confidence 6 6 7 7 10 points
CPI Transportation 118 118 118 119 119 points
Consumer Confidence 11 13 14 14 14 points
Consumer Price Index CPI 117 118 118 116 118 points
Consumer Spending 41446 47564 43394 44016 43850 CVE Million
Core Consumer Prices 116 117 119 118 119 points
Core Inflation Rate 3.4 2.7 3.1 2.6 2.3 percent
Currency 105 106 107 109 110
Current Account to GDP -3.4 -7 percent of GDP
Deposit Interest Rate 0.97 0.97 percent
Exports 676 600 475 475 475 CVE Million
Food Inflation 8.8 7.8 6.5 5 4.7 percent
Full Year GDP Growth 17 6 percent
GDP 2.31 2.45 USD Billion
GDP Annual Growth Rate 6.7 6 4.7 6.2 5.8 percent
GDP Constant Prices 52042 58741 54488 55269 55061 CVE Million
GDP From Agriculture 1707 1755 1787 1813 1806 CVE Million
GDP From Construction 2546 2724 2666 2704 2694 CVE Million
GDP From Manufacturing 2605 2997 2727 2767 2756 CVE Million
GDP From Mining 148 159 155 157 157 CVE Million
GDP From Public Administration 5520 6442 5779 5862 5840 CVE Million
GDP From Services 5470 6638 5727 5809 5787 CVE Million
GDP From Transport 4599 5392 4815 4884 4866 CVE Million
GDP From Utilities 928 1203 972 986 982 CVE Million
GDP Growth Rate -6.1 2 2 2 2 percent
GDP per capita 3643 3300 USD
GDP per capita PPP 7692 8154 USD
Government Budget -4.2 -5 percent of GDP
Government Debt to GDP 127 120 percent of GDP
Government Revenues 14981 12500 14000 14000 14000 CVE Millions
Government Spending 10834 10045 11279 11344 11398 CVE Million
Imports 7924 7800 6500 6500 6500 CVE Million
Inflation Rate 2.9 2.5 1.7 0.9 1.3 percent
Inflation Rate Mom 0.9 0.2 0.4 0.2 0.3 percent
Interest Rate 1 1 0.75 0.5 0.5 percent
Minimum Wages 13000 13000 CVE/Month
Population 0.58 0.6 Million
Private Sector Credit 130970 135693 134934 139090 138566 CVE Million
Remittances 2406 2480 2650 2650 2650 CVE Million
Tourist Arrivals 216148 245000 159000 159000 159000
Unemployment Rate 13.6 16 percent