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Cape Verde Cape Verde
Cape Verde

Cape Verde

Cape Verde ( (listen)) or Cabo Verde ( (listen), ; Portuguese: [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 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 located in a convenient location 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 becoming... [More]
  • Last : 24,375.34
  • High : 24,413.95
  • Low : 24,221.50
  • Max Fluctuation : 73.98
  • Max Fluctuation % : 0%
  • Open : 24,282.46
  • Time : 05:24:48
  • Yesterday : 24,282.46
  • Change % : 0.38%
  • Change : 92.88
  • Last : 1,800.64
  • High : 1,802.3
  • Low : 1,798.83
  • Max Fluctuation : 1.1
  • Max Fluctuation % : 0.02%
  • Open : 1,802.2
  • Time : 05:24:50
  • Yesterday : 1,803.64
  • Change % : 0.17%
  • Change : 3
  • Last : 91.88
  • High : 91.97
  • Low : 91.22
  • Max Fluctuation : 0.64
  • Max Fluctuation % : 0.72%
  • Open : 91.27
  • Time : 05:24:49
  • Yesterday : 91.88
  • Change % : 0%
  • Change : 0
  • Last : 0.9744
  • High : 0.9754
  • Low : 0.9744
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9748
  • Time : 05:24:21
  • Yesterday : 0.9747
  • Change % : 0.03%
  • Change : 0.0003

Cape Verde Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/CVE Ask 111.303 111.313 110.614 111.321 0.68 0.61% 2022/08/15 Time 5:23
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
-6464 22 Feb -5162 CVE Million
Banks Balance Sheet
261169 22 Jun 260034 CVE Million
Business Confidence
-1 22 Mar 0 points
CPI Housing Utilities
107 22 Jul 106 points
CPI Transportation
121 22 Jul 120 points
Capital Flows
-8802 21 Dec -5388 CVE Millions
Competitiveness Index
50.83 19 Dec 50.19 Points
Competitiveness Rank
112 19 Dec 111
Consumer Confidence
12 21 Dec 13 points
Consumer Price Index CPI
113 22 Jul 111 points
Consumer Spending
27731 22 Mar 29992 CVE Million
Core Consumer Prices
111 22 Jul 110 points
Core Inflation Rate
6.7 22 Jul 6.3 percent
Coronavirus Cases
62221 22 Aug 62214 Persons
Coronavirus Deaths
409 22 Jul 408 Persons
Coronavirus Vaccination Rate
143 22 Aug 140 doses per 100 people
Coronavirus Vaccination Total
839348 22 Aug 823283 doses
Corruption Index
58 21 Dec 58 Points
Corruption Rank
39 21 Dec 41
Credit Rating
27 22 Aug
Currency
107 22 Aug 107
Current Account
-1929 21 Dec -6213 CVE Million
Current Account to GDP
-11 21 Dec -15.9 percent of GDP
Deposit Interest Rate
0.88 20 Dec 1.5 percent
Ease of Doing Business
137 19 Dec 131
Employed Persons
186627 20 Dec 206344 Thousand
Employment Rate
45.3 20 Dec 50.9 percent
Exports
402 22 Feb 122 CVE Million
Food Inflation
16.2 22 Jun 15.2 percent
Foreign Direct Investment
1387 21 Dec 3469 CVE Million
Foreign Exchange Reserves
68676 21 Dec 58844 CVE Million
GDP
1.94 21 Dec 1.7 USD Billion
GDP Annual Growth Rate
16.8 22 Mar 11.9 percent
GDP Constant Prices
42752 22 Mar 42167 CVE Million
GDP From Agriculture
2149 22 Mar 1029 CVE Million
GDP From Construction
4004 22 Mar 3944 CVE Million
GDP From Manufacturing
3345 22 Mar 3046 CVE Million
GDP From Mining
78 22 Mar 78 CVE Million
GDP From Public Administration
8410 22 Mar 9358 CVE Million
GDP From Services
4405 22 Mar 4211 CVE Million
GDP From Transport
3055 22 Mar 2873 CVE Million
GDP From Utilities
1428 22 Mar 1544 CVE Million
GDP Growth Rate
13.5 21 Dec 0.8 percent
GDP per capita
3106 21 Dec 2935 USD
GDP per capita PPP
6397 21 Dec 6045 USD
Government Budget
-7.6 21 Dec -8.9 percent of GDP
Government Debt to GDP
157 21 Dec 156 percent of GDP
Government Revenues
15844 21 Dec 10796 CVE Millions
Government Spending
8370 22 Mar 10915 CVE Million
Gross Fixed Capital Formation
14656 22 Mar 13407 CVE Million
IP Addresses
14030 17 Mar 14240 IP
Imports
6866 22 Feb 5284 CVE Million
Inflation Rate
9 22 Jul 8.2 percent
Inflation Rate Mom
1.2 22 Jul 0.6 percent
Interest Rate
0.25 22 May 0.25 percent
Internet Speed
3848 17 Mar 3972 KBps
Labor Force Participation Rate
57.04 20 Dec 60.38 percent
Military Expenditure
11 20 Dec 9.7 USD Million
Minimum Wages
13000 22 Jan 13000 CVE/Month
Money Supply M0
113895 21 Dec 112713 CVE Million
Money Supply M1
96828 21 Dec 90318 CVE Million
Money Supply M2
210723 21 Dec 203031 CVE Million
Population
0.56 20 Dec 0.55 Million
Private Sector Credit
122012 21 Dec 121052 CVE Million
Remittances
2800 21 Dec 2231 CVE Million
Tourist Arrivals
87751 21 Dec 47398
Unemployed Persons
31724 20 Dec 26259 Thousand
Unemployment Rate
14.5 21 Dec 14.5 percent
Youth Unemployment Rate
28.37 20 Dec 28.01 percent
Indicator Actual Q1 Q2 Q3 Q4 Metric
Balance of Trade -6464 -5980 -5325 -5700 -5570 CVE Million
Banks Balance Sheet 261169 258000 260000 262000 262000 CVE Million
Business Confidence -1 -5 -8 -4 2 points
Consumer Confidence 12 16 15 18 18 points
Consumer Price Index CPI 113 112 113 115 115 points
Consumer Spending 27731 2700 2600 2500 2400 CVE Million
Core Inflation Rate 6.7 6.5 5.7 4.5 4 percent
Currency 107 109 110 112 113
Current Account -1929 -1780 -1780 -1780 -1780 CVE Million
Current Account to GDP -11 -10 -7.5 -6 percent of GDP
Deposit Interest Rate 0.88 1.13 1.13 1.13 1.13 percent
Employed Persons 186627 197000 197000 197000 197000 Thousand
Employment Rate 45.3 51 51 51 51 percent
Exports 402 475 500 230 230 CVE Million
Food Inflation 16.2 14 10 8.5 8 percent
Foreign Direct Investment 1387 1750 1750 1750 1750 CVE Million
Foreign Exchange Reserves 68676 61500 62000 61500 61500 CVE Million
GDP 1.94 1.9 1.9 1.9 USD Billion USD Billion
GDP Annual Growth Rate 16.8 4.3 4 4.7 5.3 percent
GDP From Agriculture 2149 1070 1134 1206 CVE Million CVE Million
GDP From Construction 4004 4102 4348 4622 CVE Million CVE Million
GDP From Manufacturing 3345 3168 3358 3569 CVE Million CVE Million
GDP From Mining 78 81.12 85.99 91.4 CVE Million CVE Million
GDP From Public Administration 8410 9732 10316 10966 CVE Million CVE Million
GDP From Services 4405 4379 4642 4935 CVE Million CVE Million
GDP From Transport 3055 2988 3167 3367 CVE Million CVE Million
GDP From Utilities 1428 1606 1702 1809 CVE Million CVE Million
GDP Growth Rate 13.5 2.6 3 3 3 percent
GDP per capita 3106 3200 3300 3300 USD USD
GDP per capita PPP 6397 7000 7000 7000 USD USD
Government Budget -7.6 -6.8 -6.8 -5 -5 percent of GDP
Government Debt to GDP 157 151 150 148 percent of GDP
Government Revenues 15844 11800 12300 12500 12500 CVE Millions
Government Spending 8370 10583 11352 8763 8814 CVE Million
Imports 6866 5800 6200 5800 5800 CVE Million
Inflation Rate 9 7.5 6 4.5 3.4 percent
Inflation Rate Mom 1.2 0.4 0.3 0.5 0.4 percent
Interest Rate 0.25 0.5 0.5 0.5 0.5 percent
Labor Force Participation Rate 57.04 62 62 62 62 percent
Military Expenditure 11 8.99 8.98 8.98 8.97 USD Million
Minimum Wages 13000 13000 15000 15000 CVE/Month CVE/Month
Money Supply M0 113895 113900 113500 112700 112700 CVE Million
Money Supply M1 96828 93700 93500 92500 92500 CVE Million
Money Supply M2 210723 204000 202000 190000 190000 CVE Million
Population 0.56 0.54 0.54 0.54 Million Million
Private Sector Credit 122012 120800 121200 120500 120500 CVE Million
Remittances 2800 1800 2300 1800 1800 CVE Million
Tourist Arrivals 87751 70000 85000 76000 76000
Unemployed Persons 31724 29000 29000 29000 29000 Thousand
Unemployment Rate 14.5 14.2 14.2 14 14 percent
Youth Unemployment Rate 28.37 29.7 29.7 29.7 29.7 percent