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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 island country in the central Atlantic Ocean. The ten volcanic islands in its archipelago have a combined land area of about 4,033 square kilometres (1,557 sq mi). The islands lie about 600 to 850 kilometres (320 to 460 nautical miles) west of Cap-Vert which gave its name to the islands. On this cape - the westernmost point of continental Africa - lies Dakar, the capital of Senegal. Cape Verde forms part of the Macaronesia ecoregion, along with the Azores, Canary Islands, Madeira, and the Savage Isles. The archipelago remained uninhabited until the 15th century, when Portuguese explorers discovered and colonized the islands, establishing the first European settlement in the tropics. Ideally located for a role in the Atlantic slave-trade, the islands grew prosperous throughout the 16th and 17th centuries, attracting merchants, privateers, and pirates. The suppression of the Atlantic slave-trade in the 19th century led to economic decline and emigration. Cape Verde gradually recovered as an important commercial center and stopover for shipping routes. Incorpora... [More]
  • Last : 19,078.2
  • High : 19,165.1
  • Low : 18,517.6
  • Max Fluctuation : 74.9
  • Max Fluctuation % : 0.24%
  • Open : 18,924.9
  • Time : 18:22:54
  • Yesterday : 18,926.4
  • Change % : 0.8%
  • Change : 151.8
  • Last : 1,837.32
  • High : 1,839.27
  • Low : 1,835.69
  • Max Fluctuation : 1.54
  • Max Fluctuation % : 0%
  • Open : 1,837.12
  • Time : 01:30:14
  • Yesterday : 1,836.85
  • Change % : 0.03%
  • Change : 0.47
  • Last : 46.09
  • High : 46.14
  • Low : 46
  • Max Fluctuation : 0.04
  • Max Fluctuation % : 0.02%
  • Open : 46
  • Time : 01:29:53
  • Yesterday : 45.99
  • Change % : 0.22%
  • Change : 0.1
  • Last : 0.8252
  • High : 0.8258
  • Low : 0.8243
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8243
  • Time : 01:43:06
  • Yesterday : 0.8239
  • Change % : 0.16%
  • Change : 0.0013

Cape Verde Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/CVE Ask 112.441 112.413 110.705 112.469 0.17 0.15% 2020/12/05 Time 1:49
CVE/USD Ask 0.011 - 0.011 0.011 0.00 0.00% 2020/12/04 Time 15:51
USD/CVE Ask 91.472 - 91.472 91.472 0.00 0.00% 2020/12/03 Time 6:07
GBP/CVE Ask 123.2238 - 123.2238 123.2238 0.00 0.00% 2020/11/28 Time 6:07
CVE/GBP Ask 0.0081 - 0.0081 0.0081 0.00 0.00% 2020/11/14 Time 6:07

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

238428.54 20 Sep 235918 134798 : 238429 Monthly

Business Confidence

-10.00 20 Sep -8 -15 : 20 Quarterly

CPI Transportation

0 20 Oct 102 86.4 : 109 Monthly

Capital Flows

0 20 Jun -302 -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

13.00 20 Jun 14 4 : 24 Quarterly

Consumer Price Index Cpi

101.66 20 Oct 102 81.9 : 102 Monthly

Consumer Spending

22550.00 20 Jun 25491 16725 : 30378 Quarterly

Core Consumer Prices

0 20 Oct 103 92.28 : 103 Monthly

Core Inflation Rate

0.80 20 Oct 1.1 -0.8 : 3.7 Monthly

Coronavirus Cases

0 20 Nov 10400 0 : 10526 Daily Dec/20

Coronavirus Deaths

0 20 Nov 103 0 : 104 Daily Dec/20

Coronavirus Recovered

0 20 Nov 9833 0 : 9900 Daily Dec/20

Corruption Index

0 19 Dec 57 49 : 60 Yearly

Corruption Rank

0 19 Dec 45 38 : 49 Yearly

Cpi Housing Utilities

0 20 Oct 100 80.3 : 114 Monthly

Credit Rating

0 20 Nov : Monthly 27

Currency

91.93 20 Nov 92.16 72.84 : 106 Daily

Current Account

-8181.60 20 Jun -1292 -11803 : 2823 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

324.20 20 Aug 504 37.3 : 4909 Monthly

Food Inflation

0.20 20 Oct 1.3 -3.7 : 13.8 Monthly

Foreign Direct Investment

1309.20 20 Jun 1618 -488 : 8370 Quarterly

Foreign Exchange Reserves

72275.60 20 Aug 73787 784 : 76483 Monthly

GDP

1.98 19 Dec 1.97 0.13 : 1.98 Yearly

GDP Annual Growth Rate

-31.70 20 Jun 5.9 -31.7 : 13.6 Quarterly

GDP Constant Prices

0 20 Jun 43176 28374 : 44007 Quarterly

GDP From Agriculture

2272.00 20 Jun 2402 1375 : 4151 Quarterly

GDP From Construction

2701.00 20 Jun 4114 2058 : 4645 Quarterly

GDP From Manufacturing

1627.00 20 Jun 2857 1271 : 2857 Quarterly

GDP From Mining

55.00 20 Jun 84 55 : 297 Quarterly

GDP From Public Administration

7198.00 20 Jun 7004 3137 : 7428 Quarterly

GDP From Services

2653.00 20 Jun 4260 2653 : 4819 Quarterly

GDP From Transport

1128.00 20 Jun 3667 1128 : 3960 Quarterly

GDP From Utilities

1248.00 20 Jun 1357 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 Jun 11911 3862 : 19586 Quarterly

Government Spending

7040.00 20 Jun 6973 4810 : 7964 Quarterly

Gross Fixed Capital Formation

0 20 Jun 16911 6801 : 19599 Quarterly

IP Addresses

0 17 Mar 14240 587 : 14959 Quarterly

Imports

5741.30 20 Aug 6484 2004 : 32602 Monthly

Inflation Rate

0.30 20 Oct 0.8 -4.4 : 10.2 Monthly Oct/20

Inflation Rate Mom

-0.10 20 Oct 0 -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 Aug 107686 87393 : 108470 Monthly

Money Supply M1

0 20 Aug 89045 47147 : 880380 Monthly

Money Supply M2

0 20 Aug 196731 18496 : 1234914 Monthly

Population

0.55 19 Dec 0.54 0.2 : 0.55 Yearly Dec/19

Private Sector Credit

0 20 Aug 110803 4270 : 110803 Monthly

Remittances

1952.80 20 Jun 1496 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 -5830 -5830 -6660 May/21
Banks Balance Sheet 238428.54 248000 252000 252000 245000 250000
Business Confidence -10.00 2 4 6 -7 5.5
Consumer Confidence 13.00 13 15 17 10 20
Consumer Price Index Cpi 101.66 103 102 102 103 104
Consumer Spending 22550.00 30830 31407 31285 28248 29095
Core Inflation Rate 0.80 2.1 1.7 1.5 1.8 1.6
Currency 91.93 92.85 93.26 93.67 92.44 94.48
Current Account -8181.60 -1780 -1780 -1780 -1780 -2714
Current Account to GDP -0.20 -7 -7 -7 -8 -7 Dec/19
Deposit Interest Rate 1.50 1.5 1.5 1.5 3 3
Employed Persons 206344.00 198000 198000 198000 198000 197000 Dec/19
Employment Rate 50.90 51.3 51.3 51.3 51.3 51 Dec/19
Exports 324.20 670 670 670 670 740
Food Inflation 0.20 0.3 0.7 1 -0.3 1
Foreign Direct Investment 1309.20 1500 1500 1500 1500 1750
Foreign Exchange Reserves 72275.60 61970 61970 61970 61970 62700
GDP 1.98 1.8 1.8 1.8 1.6 1.8
GDP Annual Growth Rate -31.70 1.5 3.4 3 -7 3
GDP From Agriculture 2272.00 1740 1772 1765 1594 1642
GDP From Construction 2701.00 3961 4035 4019 3629 3738
GDP From Manufacturing 1627.00 2437 2483 2473 2233 2300
GDP From Mining 55.00 81.2 82.72 82.4 74.4 76.63
GDP From Public Administration 7198.00 7475 7615 7586 6849 7055
GDP From Services 2653.00 4788 4877 4859 4387 4518
GDP From Transport 1128.00 4035 4110 4094 3697 3808
GDP From Utilities 1248.00 1449 1477 1471 1328 1368
GDP Per Capita Ppp 7171.80 6600 6850 6850 6600 6850
GDP per capita 3907.70 3750 3750 3750 3600 3750
Government Budget -1.80 -8 -8 -8 -9 -8
Government Debt to GDP 124.70 135 135 135 140 135 Dec/19
Government Spending 7040.00 8090 8241 8209 7412 7634
Imports 5741.30 6500 6500 6500 6500 7400
Inflation Rate 0.30 1.3 0.4 0.6 0.8 1.1 Oct/20
Inflation Rate Mom -0.10 0.2 0.5 0.5 0.8 0.6
Interest Rate 1.00 1 1 1 1 1 Sep/20
Labor Force Participation Rate 57.40 60 60 60 60 62 Dec/19
Minimum Wages 13000.00 15000 15000 15000 13000 15000 Jan/20
Population 0.55 0.56 0.56 0.56 0.54 0.54 Dec/19
Remittances 1952.80 1400 1400 1400 1400 1577
Sales Tax Rate 15.00 15 15 15 15 15
Tourist Arrivals 170778.00 163000 157000 170000 160000 170000
Unemployed Persons 26259.00 28600 28600 28600 28600 29000 Dec/19
Unemployment Rate 11.29 12.8 12.8 12.8 14 12.8 Dec/19
Youth Unemployment Rate 24.90 32 32 32 32 29.7 Dec/19