Population: 499 thousand in 20131
GDP: $1.89 billion in 20132
GDP per capita: $3,767 nominal3 ($6,412 PPP4) in 2013
GDP growth rate: 0.5% in 20135
GDP by Industry 20126
| Industry sector | Value added ($ millions) 2012 | Percent of total |
| Other activities | 557 | 33.5% |
| Wholesale, retail trade, restaurants and hotels | 309 | 18.6% |
| Transport, storage and communication | 297 | 17.8% |
| Construction | 215 | 12.9% |
| Agriculture, hunting, forestry, fishing | 159 | 9.6% |
| Manufacturing | 93 | 5.6% |
| Mining and utilities | 35 | 2.1% |
| Total value added | 1,664 | 100% |
Unemployment rate: 7.0% in 20137
Employment by Industry 8
N/A
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $5 billion (265% of GDP) in 201410
Household Wealth per Adult: $18,295 in 201410
Gini Coefficient: .505 in 201311
Central Government
Central Government Revenue: $412 million (22% of GDP) in 201312
Central Government Expenditure: $607 million (32% of GDP) in 201312
Central Government Budget Balance: -$195 million (-10% of GDP) in 201312
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: N/A
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 13
Corporate Tax Rate: 25% in 201414
* Individual thresholds calculated using the exchange rate 96.5 CVE = 1 USD
Money Supply (M1): $570 million (30% of GDP) in 2013* 15
Benchmark Interest Rate: 4.25% in May 201416
Total Reserves: $475 million (25% of GDP) in 201317
Exchange Rate: 96.5 Cape Verdean Escudo = 1 U.S. Dollar18
Inflation: 1.5% in 201319
* Money supply calculated using the exchange rate 96.5 CVE = 1 USD
Top 10 Financial Institutions by Assets 201320
N/A (data not available at Relbanks.com)
Exports: $160 million (8% of GDP) in 201321
Imports: $796 million (42% of GDP) in 201321
Trade Balance: -$636 million (-34% of GDP) in 201321
Foreign Direct Investment Inflow: $39 million (2% of GDP) in 201322
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $246 million (13% of GDP) in 201223
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Ministerio das Financas, Guia Fiscal (Individual tax rates) Go back
14. Source: Tax Foundation (Corporate tax rate) Go back
15. Source: World Bank Indicators (Money supply) Go back
16. Source: Banco de Cabo Verde, Publications and Speeches, Reports, Monetary Policy Report (Benchmark interest rate) Go back
17. Source: World Bank Indicators (Total reserves) Go back
18. Source: xe.com (Exchange rate) Go back
19. Source: World Bank Indicators (Inflation rate) Go back
20. Source: Relbanks.com (Financial institutions by assets) Go back
21. Source: CIA World Factbook (Trade data) Go back
22. Source: World Bank Indicators (FDI data) Go back
23. Source: World Bank Indicators (Aid data) Go back