Cabo Verde
- Capital
- Praia
- Region
- Sub-Saharan Africa
- Income group
- Upper middle income
- Population
- 527,000 (2025)
At a glance
- Prices in Cabo Verde rose 2.3% in 2025, slower than in most countries.
- Cabo Verde's economy grew 6.3% in 2025, faster than most economies.
- Output per person in Cabo Verde was US$5,796 in 2025, lower than in most countries.
- 11.9% of Cabo Verde's labour force had no job in 2025, a higher share than in most countries.
- Cabo Verde had 527,000 people in 2025: about less than 0.1% of everyone on Earth, the 172nd largest population of 217 countries and territories.
- Cabo Verde had a current account surplus of 3.6% of GDP in 2025, higher than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Cabo Verde | World median |
|---|---|---|
| 2025 | 2.3% | 3.0% |
| 2024 | 1.1% | 3.0% |
| 2023 | 3.7% | 5.7% |
| 2022 | 7.9% | 8.0% |
| 2021 | 1.9% | 3.5% |
| 2020 | 0.6% | 1.9% |
| 2019 | 1.1% | 2.2% |
| 2018 | 1.3% | 2.5% |
| 2017 | 0.8% | 2.3% |
| 2016 | −1.4% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Cabo Verde | World median |
|---|---|---|
| 2025 | 6.3% | 3.4% |
| 2024 | 7.0% | 3.4% |
| 2023 | 4.8% | 3.2% |
| 2022 | 15.8% | 4.3% |
| 2021 | 7.0% | 5.1% |
| 2020 | −20.8% | −3.8% |
| 2019 | 7.0% | 2.8% |
| 2018 | 3.7% | 3.2% |
| 2017 | 4.6% | 3.3% |
| 2016 | 4.3% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Cabo Verde | World median |
|---|---|---|
| 2025 | US$5,796 | US$7,882 |
| 2024 | US$5,170 | US$7,853 |
| 2023 | US$4,795 | US$7,862 |
| 2022 | US$4,323 | US$7,656 |
| 2021 | US$3,971 | US$7,269 |
| 2020 | US$3,539 | US$6,433 |
| 2019 | US$4,381 | US$7,037 |
| 2018 | US$4,295 | US$6,978 |
| 2017 | US$3,893 | US$6,548 |
| 2016 | US$3,609 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Cabo Verde | World median |
|---|---|---|
| 2025 | 11.9% | 5.1% |
| 2024 | 11.9% | 5.1% |
| 2023 | 11.9% | 5.2% |
| 2022 | 12.2% | 5.3% |
| 2021 | 13.9% | 6.0% |
| 2020 | 14.7% | 6.4% |
| 2019 | 12.1% | 5.4% |
| 2018 | 12.2% | 5.4% |
| 2017 | 12.2% | 5.6% |
| 2016 | 12.1% | 5.9% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Cabo Verde |
|---|---|
| 2025 | 527,000 |
| 2024 | 525,000 |
| 2023 | 522,000 |
| 2022 | 520,000 |
| 2021 | 517,000 |
| 2020 | 515,000 |
| 2019 | 514,000 |
| 2018 | 513,000 |
| 2017 | 513,000 |
| 2016 | 513,000 |
Current account balance, % of GDP
Since 2000
Show the numbers
| Year | Cabo Verde | World median |
|---|---|---|
| 2025 | 3.6% | −0.8% |
| 2024 | 3.9% | −1.3% |
| 2023 | −2.8% | −1.2% |
| 2022 | −3.5% | −3.0% |
| 2021 | −12.2% | −2.4% |
| 2020 | −15.7% | −1.7% |
| 2019 | −1.0% | −2.1% |
| 2018 | −4.4% | −2.9% |
| 2017 | −7.0% | −2.1% |
| 2016 | −3.5% | −2.8% |
No recent World Bank figure for Cabo Verde: government debt.
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Cabo Verde since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.