Cape Verde: Capital investment, percent of GDP

* indicates monthly or quarterly data series
 Cape Verde

Capital investment as percent of GDP

 Latest value 19.37
 Year 2023
 Measure percent
 Data availability 2007 - 2023
 Average 32.98
 Min - Max 19.37 - 47.27
 Source The World Bank
The latest value from 2023 is 19.37 percent, a decline from 22.02 percent in 2022. In comparison, the world average is 23.15 percent, based on data from 128 countries. Historically, the average for Cape Verde from 2007 to 2023 is 32.98 percent. The minimum value, 19.37 percent, was reached in 2023 while the maximum of 47.27 percent was recorded in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Cape Verde - Capital investment, percent of GDP - Recent values chart

Historical series
Cape Verde - Capital investment, percent of GDP - historical chart - 2007-2023




The capital investment in Cape Verde and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 19.37 2023 percent
 Capital investment, in dollars 0.50 2023 billion U.S. dollars
 Household consumption, percent of GDP 74.67 2023 percent
 Household consumption, in dollars 1.93 2023 billion U.S. dollars
 Household consumption 49.75 Q2/2024 billion
 Consumption as percent of GDP 73.91 Q2/2024 percent
 Consumption growth 6.76 Q2/2024 percent
 Investment 13.59 Q2/2024 billion
 Investment as percent of GDP 20.19 Q2/2024 percent
 Investment growth 9.47 Q2/2024 percent
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