GDP Growth Rate
Year -
7.24%
In 2024, Cabo Verde experienced a significant an increase in its GDP growth rate, which rise to 7.24% from 4.79% in 2023. Additionally, the GDP per capita growth rate in Cabo Verde increase to 6.72% in 2024, compared to 4.28% in 2023.
In 2024, Cabo Verde experienced a increase in economic performance, with the GDP growth rate rising by 2.45%. Additionally, the GDP per capita growth rate increase by 2.44%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | - | - | - | - |
| 1979 | - | - | - | - |
| 1980 | - | - | - | - |
| 1981 | 8.45 | - | 6.95 | - |
| 1982 | 2.83% | -5.62% | 1.32% | -5.63% |
| 1983 | 9.52% | 6.69% | 7.92% | 6.60% |
| 1984 | 3.78% | -5.74% | 2.31% | -5.61% |
| 1985 | 8.64% | 4.86% | 7.12% | 4.81% |
| 1986 | 2.87% | -5.77% | 1.43% | -5.69% |
| 1987 | 4.31% | 1.44% | 2.85% | 1.42% |
| 1988 | 6% | 1.69% | 4.53% | 1.68% |
| 1989 | 5.7% | -0.30% | 4.12% | -0.41% |
| 1990 | 0.69% | -5.01% | -1.35% | -5.47% |
| 1991 | 1.4% | 0.71% | -1.01% | 0.34% |
| 1992 | 10.94% | 9.54% | 8.45% | 9.46% |
| 1993 | 8.71% | -2.23% | 6.4% | -2.05% |
| 1994 | 19.18% | 10.47% | 16.78% | 10.38% |
| 1995 | 14.21% | -4.97% | 12.06% | -4.72% |
| 1996 | 11.35% | -2.86% | 9.39% | -2.67% |
| 1997 | 11.12% | -0.23% | 9.27% | -0.12% |
| 1998 | 12.52% | 1.40% | 10.73% | 1.46% |
| 1999 | 11.22% | -1.30% | 9.55% | -1.18% |
| 2000 | 14.28% | 3.06% | 12.57% | 3.02% |
| 2001 | 2.23% | -12.05% | 0.68% | -11.89% |
| 2002 | 5.25% | 3.02% | 3.73% | 3.05% |
| 2003 | 4.18% | -1.07% | 2.78% | -0.95% |
| 2004 | 10.2% | 6.02% | 8.82% | 6.04% |
| 2005 | 6.91% | -3.29% | 5.65% | -3.17% |
| 2006 | 7.98% | 1.07% | 6.75% | 1.10% |
| 2007 | 15.17% | 7.19% | 13.9% | 7.15% |
| 2008 | 7.04% | -8.13% | 5.94% | -7.96% |
| 2009 | -1.5% | -8.54% | -2.43% | -8.37% |
| 2010 | 1.84% | 3.34% | 1.11% | 3.54% |
| 2011 | 3.92% | 2.08% | 3.59% | 2.48% |
| 2012 | 1.08% | -2.84% | 0.98% | -2.61% |
| 2013 | 0.63% | -0.45% | 0.58% | -0.40% |
| 2014 | 0.7% | 0.07% | 0.68% | 0.10% |
| 2015 | 0.94% | 0.24% | 0.92% | 0.24% |
| 2016 | 4.28% | 3.34% | 4.25% | 3.33% |
| 2017 | 4.55% | 0.27% | 4.48% | 0.23% |
| 2018 | 3.71% | -0.84% | 3.6% | -0.88% |
| 2019 | 6.95% | 3.24% | 6.8% | 3.20% |
| 2020 | -20.81% | -27.76% | -20.89% | -27.69% |
| 2021 | 7.03% | 27.84% | 6.63% | 27.52% |
| 2022 | 15.84% | 8.81% | 15.15% | 8.52% |
| 2023 | 4.79% | -11.05% | 4.28% | -10.87% |
| 2024 | 7.24% | 2.45% | 6.72% | 2.44% |