Cabo Verde has the 155th largest economy in the world and is one of the poorest countries in the world. The gross domestic product (GDP) of Cabo Verde is $1.63 (USD Billion) and its growth was 2.52% from 2014 to 2015. Its highest GDP was recorded in 2014 and its average GDP in the last 10 years is $1.67 (USD Billion).
Cabo Verde GDP per capita is $3,131.13 (USD). However, when factoring in purchase power parity (PPP), it becomes $6,689.81 (USD), making it the 117th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $5,930.64 (USD).
GDP Of Cabo Verde Per Year
Cabo Verde's GDP & Other Economic Statistics
|Cabo Verde GDP||Current||Previous||Highest||Unit|
|GNI per capita, PPP||6,390.00||6,220.00||6,390.00||International $|
|GNI, PPP||3.32||3.20||3.32||International $ Billion|
|GDP per capita, PPP||6,689.81||6,543.35||6,689.81||International $|
|GDP per capita growth||1.22||1.47||14.45||%|
|GDP per capita||3,131.13||3,641.11||3,766.11||USD|
|Industry, value added||232.36||311.18||335.65||USD Million|
|Agriculture, value added||125.88||146.09||155.53||USD Million|
|Services, etc., value added||1.40||1.38||1.40||USD Billion|
|Gross domestic savings||348.69||308.72||399.79||USD Million|
|Gross fixed capital formation||871.47||752.17||871.47||USD Million|
|Tax revenue||18.42||21.28||22.74||% of GDP|
What is Gross Domestic Product (GDP)?
Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Cabo Verde – current values and historical information. The information was last updated 2016.
GDP Of Cabo Verde vs. Other Countries
|Rank||Country||GDP (USD Billion), 2005|