Explore Cape Verde:Overview of the economy
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Cape Verde: Gross Domestic Product, billions of U.S. dollars: For that indicator, The World Bank provides data for Cape Verde from 1980 to 2015. The average value for Cape Verde during that period was 0.76 billion U.S. dollars with a minumum of 0.13 billion U.S. dollars in 1984 and a maximum of 1.6 billion U.S. dollars in 2015.
The Gross Domestic Product of Cape Verde is the total market value of all goods and services produced on the territory of the country and sold during the given period. GDP, current U.S. dollars rankings around the world. Create and download charts for Cape Verde GDP, current U.S. dollars and other indicators with the country comparator.
Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.