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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Cabo Verde economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Cabo Verde best banks and safest banks are also available.
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, ...
USD 0.6 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
| 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
(2018 estimate)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 0.1% | -1.4% | 0.8% | 1.3% | 1.2% |
*Estimate
| 2015 | 2016 | 2017* | 2018* | 2019* |
| 10% | 9% | 9% | 8.5% | 8.5% |
*Estimate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 126.6% | 128.4% | 127.2% | 124.5% | 123.5% |
*Estimate
| -4.6% | -3% | -3% | -2.8% | -2.2% |
*Estimate
Standard & Poor's: B
Moody's: N/A
Standard & Poor's / Moody's
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
-4.5 % (2018 estimate)
48.9% (2018)
0.0004% (2018)
0.01% (2018)
Fuel (re-exports), shoes, garments, fish, hides
Foodstuffs, industrial products, transport equipment, fuels
Spain 45.3%, Portugal 40.3%, Netherlands 8.1% (2017)
Portugal 43.9%, Spain 11.6%, Netherlands 6.1%, China 6.1% (2017)
| 2016 | 2017 | 2018 |
| USD 127 million | USD 111 million | USD 100 million |
| 2016 | 2017 | 2018 |
| USD -9.1 million | USD -13.6 million | USD -19.8 million |
| 2012 | 2013 | 2014 | 2015 |
| N/A | N/A | N/A | N/A |
N/A
N/A
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
112 out of 141 countries
(2019)
Ranking: 73 / Score: 63.1 (Moderately free)
(100=totally free 0=totally repressed)
Portuguese (official), Crioulo (a blend of Portuguese and West African words)
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
| 1990 | 2000 | 2010 | 2015* | 2020* |
| 0.35 million | 0.44 million | 0.5 million | 0.53 million | 0.57 million |
*Estimate
| 1960 | 1980 | 2000 | 2018 |
| 16.7% | 23.5% | 53.4% | 65.7% |
Total population: 86.8%
Male: 91.7%
Female: 82%
Definition: age 15 and over can read and write (2015 est.)
Free
Political Rights: 1
Civil Liberties: 1 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 11.5% Mobile: 112.2% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)