List of countries in the regions listed in the regional table

Central and Eastern Europe Composed of 14 countries: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Hungary, Latvia, Lithuania, Former Yugoslav Republic of Macedonia, Montenegro, Poland, Romania, Serbia and Turkey.   Commonwealth of Independent States Composed of 11 CIS countries: Armenia, ...

 
 
Source
Central bank

Bank of Cape Verde

International Reserves

USD 0.6 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019

Gross Domestic Product - GDP

USD 2.0 billion (2018, estimate)

GDP (Purchasing Power Parity)

Intl$ 4.0 billion (2018, estimate)

Real GDP growth
2007 2008 2009 2010 2011 2012 2013
9.2% 6.7% -1.3% 1.5% 4% 1.1% 0.8%
2014 2015 2016 2017* 2018*    
0.6% 1% 4.7% 4% 4.7%    

*Estimate

GDP per capita - current prices

USD 3,562.7 (2018, estimate)

GDP per capita - PPP

Intl$ 7,315.6 (2018, estimate)

GDP (PPP) - share of world total
0.003% (2019, estimate)
 
 
Source
GDP - composition by sector
  • agriculture: 4.7% 
  • industry: 19.3% 
  • services: 61.1%

(2018 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2015 2016 2017 2018* 2019*
0.1% -1.4% 0.8% 1.3% 1.2%

*Estimate

Unemployment rate
2015 2016 2017* 2018* 2019*
10% 9% 9% 8.5% 8.5%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2015 2016 2017 2018* 2019*
126.6% 128.4% 127.2% 124.5% 123.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2015                    2016              2017                 2018                      2019
-4.6% -3% -3% -2.8% -2.2%

*Estimate

Government bond ratings

Standard & Poor's: B

Moody's: N/A

Standard & Poor's / Moody's 

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.1 billion (2018 estimate)

Current account balance by percentage of GDP

-4.5 % (2018 estimate)

Exports as percent of GDP (Exports of goods and services)

48.9% (2018)

Shares in world total merchandising export

0.0004% (2018)

Shares in world total commercial services export

0.01% (2018)

Total exports

USD 970.9 million (2018)

Export commodities

Fuel (re-exports), shoes, garments, fish, hides

Total imports

USD 1.3 billion (2018 estimate)

 
 
Source
Import commodities

Foodstuffs, industrial products, transport equipment, fuels

Exports - major partners

Spain 45.3%, Portugal 40.3%, Netherlands 8.1% (2017)

Imports - major partners

Portugal 43.9%, Spain 11.6%, Netherlands 6.1%, China 6.1% (2017)

FDI inflows
2016 2017 2018
USD 127 million USD 111 million USD 100 million
FDI outflows
2016 2017 2018
USD -9.1 million USD -13.6 million USD -19.8 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 1

37 out of 190 countries

​Subcategories:
Starting a Business: 121 out of 190 countries
Dealing with Construction Permits: 50 out of 190 countries
Getting Electricity: 154 out of 190 countries
Registering Property: 69 out of 190 countries
Getting Credit: 144 out of 190 countries
Protecting Minority Investors: 170 out of 190 countries
Paying Taxes: 87 out of 190 countries
Trading across Borders: 109 out of 190 countries
Enforcing Contracts: 52 out of 190 countries
Resolving Insolvency: 168 out of 190 countries
World Bank - Doing Business 2019

Global competitiveness ranking

112 out of 141 countries

(2019)

Index of Economic Freedom

Ranking: 73 / Score: 63.1 (Moderately free)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC-1 

Total area

4,033 sq km

Capital

Praia

Currency

Cabo Verdean escudos (CVE)

Government type

Parliamentary republic

Languages

Portuguese (official), Crioulo (a blend of Portuguese and West African words)

Religions

Roman Catholic 77.3%, Protestant 4.6% (includes Church of the Nazarene 1.7%, Adventist 1.5%, Assembly of God 0.9%, Universal Kingdom of God 0.4%, and God and Love 0.1%), other Christian 3.4% (includes Christian Rationalism 1.9%, Jehovah's Witness 1%, and 

Total population
1990 2000 2010 2015* 2020*
0.35 million 0.44 million 0.5 million 0.53 million 0.57 million

*Estimate 

 
 
Source
Urban population as % of total population
1960 1980 2000 2018
16.7% 23.5% 53.4% 65.7%
Population median age

25.8 years

Population growth rate

1.32% (2018 estimate)

Life expectancy

72.7 years (2018 estimate)

Literacy

Total population: 86.8% 
Male: 91.7% 
Female: 82%
Definition: age 15 and over can read and write (2015 est.)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed: 11.5% Mobile: 112.2% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

58.17 % (2018)

Mercer Cost of living index

N/A

CO2 emissions

0.95 metric tons per capita (2014)