Economy of Cabo Verde

This book about the economy of Cabo Verde from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the GDP of Cape Verde was equal to $1.8 billion per year; the value of agriculture was $131.7 million; the value of industry was $159.4 million. Since the share in the world is less than .01%, the country is classified as a micro economy.

Productivity. In the 2010s, the GDP per capita was $3 446.2, the value of agriculture per capita was $252.6, the value of industry per capita was $305.7. Since the productivity is less the average below average, the economy is classified as least developed.

Growth. In the 2010s, the growth of GDP was 2.7%; the growth of agriculture was -2.9%; the growth of industry was 6.5%.

Structure. In the 2010s, the economy of Cabo Verde consisted of: services (35.9%), trade (19.4%), transportation (15.2%), construction (10.7%), industry (10.2%), and agriculture (8.4%).

Exports and imports. In the 2010s, the imports were 46.1% higher than the exports, the net imports were equal to 19.7% of the GDP. The technological structure of exports are better than the structure of imports.

Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.

Dettagli