Cabo Verde Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Cabo Verde experienced a significant an increase in its GDP growth rate, which rise to 7.244% from 4.795% in 2023. Additionally, the GDP per capita growth rate in Cabo Verde increase to 6.724% in 2024, compared to 4.275% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | - | - | - | - |
| 1979 | - | - | - | - |
| 1980 | - | - | - | - |
| 1981 | 8.452 | - | 6.948 | - |
| 1982 | 2.825% | -5.63% | 1.318% | -5.63% |
| 1983 | 9.521% | 6.70% | 7.922% | 6.60% |
| 1984 | 3.783% | -5.74% | 2.313% | -5.61% |
| 1985 | 8.642% | 4.86% | 7.122% | 4.81% |
| 1986 | 2.871% | -5.77% | 1.427% | -5.70% |
| 1987 | 4.309% | 1.44% | 2.852% | 1.43% |
| 1988 | 5.997% | 1.69% | 4.526% | 1.67% |
| 1989 | 5.698% | -0.30% | 4.125% | -0.40% |
| 1990 | 0.692% | -5.01% | -1.353% | -5.48% |
| 1991 | 1.404% | 0.71% | -1.011% | 0.34% |
| 1992 | 10.938% | 9.53% | 8.448% | 9.46% |
| 1993 | 8.708% | -2.23% | 6.396% | -2.05% |
| 1994 | 19.183% | 10.48% | 16.782% | 10.39% |
| 1995 | 14.212% | -4.97% | 12.06% | -4.72% |
| 1996 | 11.347% | -2.87% | 9.39% | -2.67% |
| 1997 | 11.118% | -0.23% | 9.266% | -0.12% |
| 1998 | 12.517% | 1.40% | 10.73% | 1.46% |
| 1999 | 11.223% | -1.29% | 9.545% | -1.19% |
| 2000 | 14.285% | 3.06% | 12.571% | 3.03% |
| 2001 | 2.232% | -12.05% | 0.682% | -11.89% |
| 2002 | 5.251% | 3.02% | 3.729% | 3.05% |
| 2003 | 4.176% | -1.08% | 2.782% | -0.95% |
| 2004 | 10.197% | 6.02% | 8.821% | 6.04% |
| 2005 | 6.912% | -3.29% | 5.646% | -3.18% |
| 2006 | 7.984% | 1.07% | 6.749% | 1.10% |
| 2007 | 15.171% | 7.19% | 13.903% | 7.15% |
| 2008 | 7.039% | -8.13% | 5.936% | -7.97% |
| 2009 | -1.504% | -8.54% | -2.435% | -8.37% |
| 2010 | 1.836% | 3.34% | 1.109% | 3.54% |
| 2011 | 3.925% | 2.09% | 3.587% | 2.48% |
| 2012 | 1.084% | -2.84% | 0.983% | -2.60% |
| 2013 | 0.632% | -0.45% | 0.579% | -0.40% |
| 2014 | 0.697% | 0.07% | 0.677% | 0.10% |
| 2015 | 0.936% | 0.24% | 0.923% | 0.25% |
| 2016 | 4.281% | 3.35% | 4.248% | 3.33% |
| 2017 | 4.551% | 0.27% | 4.482% | 0.23% |
| 2018 | 3.707% | -0.84% | 3.602% | -0.88% |
| 2019 | 6.948% | 3.24% | 6.804% | 3.20% |
| 2020 | -20.805% | -27.75% | -20.894% | -27.70% |
| 2021 | 7.034% | 27.84% | 6.625% | 27.52% |
| 2022 | 15.844% | 8.81% | 15.155% | 8.53% |
| 2023 | 4.795% | -11.05% | 4.275% | -10.88% |
| 2024 | 7.244% | 2.45% | 6.724% | 2.45% |