Cape Verde: Economic growth forecast
* indicates monthly or quarterly data series
Cape Verde |
Economic growth forecast |
---|---|
Latest value | 4.46 |
Year | 2028 |
Measure | percent |
Data availability | 1980 - 2028 |
Average | 5.02 |
Min - Max | -20.81 - 17.44 |
Source | International Monetary Fund |
The latest value from 2028 is 4.46 percent, a decline from 4.57 percent in 2027. In comparison, the world average is 3.37 percent, based on data from 183 countries. Historically, the average for Cape Verde from 1980 to 2028 is 5.02 percent. The minimum value, -20.81 percent, was reached in 2020 while the maximum of 17.44 percent was recorded in 2022.
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Definition: Year-on-year percent changes in constant price GDP. The base year is country-specific. Expenditure-based GDP is the total final expenditure at purchasers prices including the f.o.b. value of exports of goods and services, less the f.o.b. value of imports of goods and services. The series includes actual historical values for past years and forecast values for the current and the next few years.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Economic growth forecast | 4.46 | 2028 | percent |
Investment forecast | 22.56 | 2028 | percent |
Inflation forecast | 2.00 | 2028 | percent |
Unemployment rate forecast | 8.50 | 2028 | percent |
Current account forecast | -3.20 | 2028 | percent |