Cape Verde: Unemployment rate forecast

For that indicator, we provide data for Cape Verde from 1980 to 2027. The average value for Cape Verde during that period was 17.93 percent with a minimum of 8.5 percent in 2019 and a maximum of 26 percent in 1992. The latest value from 2027 is 8.5 percent. For comparison, the world average in 2027 based on 100 countries is 6.65 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.