Cabo Verde GDP (2026): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Cabo Verde is $3.45 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 4.8%. GDP per capita is $6,670.

Cabo Verde GDP Trend

Nominal GDP of Cabo Verde has grown from $0.16 billion in 1980 to $3.45 billion in 2026.

Cabo Verde GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Cabo Verde. Hover any bar to see the exact value for that year.

Average Growth

5.07%

Best Year

2022 (+15.8%)

Worst Year

2020 (-20.8%)

Years of Contraction

2 of 47

GDP per capita in Cabo Verde rose from $5,995 in 2025 to $6,670 in 2026, an increase of 11.3%.

"Cabo Verde GDP", "Cabo Verde gross domestic product", and "Cabo Verde economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Cabo Verde

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Cabo Verde for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.

Cabo Verde nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2026	$3,448,000,000	4.8%	$6,670	0.58%
2025	$3,081,000,000	5.5%	$5,995	0.39%
2024	$2,726,000,000	7.2%	$5,329	0.59%
2023	$2,501,000,000	4.8%	$4,913	0.39%
2022	$2,252,000,000	15.8%	$4,446	0.6%
2021	$2,053,000,000	7%	$4,072	0.4%
2020	$1,829,000,000	-20.8%	$3,647	0.4%
2019	$2,251,000,000	6.9%	$4,505	0.4%
2018	$2,205,000,000	3.7%	$4,432	0.4%
2017	$1,997,000,000	4.6%	$4,030	0.61%
2016	$1,850,000,000	4.3%	$3,749	0.41%
2015	$1,750,000,000	0.9%	$3,561	0.41%
2014	$2,042,000,000	0.7%	$4,178	0.62%
2013	$2,029,000,000	0.6%	$4,175	0.62%
2012	$1,913,000,000	1.1%	$3,959	0.42%
2011	$2,047,000,000	3.9%	$4,259	0.63%
2010	$1,825,000,000	1.8%	$3,819	1.06%
2009	$1,852,000,000	-1.5%	$3,919	1.07%
2008	$1,960,000,000	7%	$4,190	1.08%
2007	$1,650,000,000	15.2%	$3,565	1.31%
2006	$1,452,000,000	9.1%	$3,175	1.33%
2005	$1,395,000,000	5.8%	$3,091	1.35%
2004	$1,263,000,000	4.9%	$2,839	1.6%
2003	$1,105,000,000	7.5%	$2,524	1.86%
2002	$867,000,000	5.3%	$2,015	1.9%
2001	$791,000,000	6.1%	$1,875	1.93%
2000	$699,000,000	7.3%	$1,690	2.22%
1999	$693,000,000	11.9%	$1,709	2.02%
1998	$648,000,000	8.4%	$1,632	2.32%
1997	$609,000,000	7.6%	$1,569	2.37%
1996	$611,000,000	6.7%	$1,611	2.43%
1995	$570,000,000	7.5%	$1,541	2.49%
1994	$450,000,000	6.9%	$1,247	-0.28%
1993	$431,000,000	7.3%	$1,190	2.55%
1992	$479,000,000	3%	$1,356	2.32%
1991	$443,000,000	1.4%	$1,285	2.37%
1990	$413,000,000	0.7%	$1,225	2.43%
1989	$332,000,000	5.7%	$1,007	2.17%
1988	$322,000,000	6%	$997	1.9%
1987	$264,000,000	4.3%	$836	2.27%
1986	$212,000,000	2.9%	$685	1.98%
1985	$164,000,000	8.6%	$542	2.02%
1984	$146,000,000	3.8%	$494	2.41%
1983	$144,000,000	9.5%	$494	1.75%
1982	$149,000,000	2.8%	$522	2.15%
1981	$187,000,000	8.5%	$669	1.45%
1980	$157,000,000	5.3%	$569	—

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Cabo Verde GDP Projections (IMF)

IMF projects nominal GDP for Cabo Verde through 2031, based on current growth and inflation assumptions.

Cabo Verde nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2031	$4,902,000,000	5.1%	$9,218	0.57%
2030	$4,565,000,000	5.1%	$8,636	0.57%
2029	$4,253,000,000	5.1%	$8,090	0.57%
2028	$3,963,000,000	5%	$7,580	0.58%
2027	$3,699,000,000	5%	$7,114	0.58%

Compare Cabo Verde to Nearby-Ranked Economies

Cabo Verde ranks #182 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#181Belize GDP #185Guinea-Bissau GDP

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Frequently Asked Questions

What is the GDP of Cabo Verde?

The nominal GDP of Cabo Verde in 2026 is $3.45 billion, according to the IMF World Economic Outlook (April 2026). This ranks Cabo Verde 182th in the world by nominal GDP.

What is the GDP growth rate of Cabo Verde?

The GDP growth rate of Cabo Verde in 2026 is 4.8%, per IMF estimates.

What is the GDP per capita of Cabo Verde?

GDP per capita in Cabo Verde in 2026 is $6,670, per IMF data.

Is the GDP of Cabo Verde expected to grow?

IMF projects the nominal GDP of Cabo Verde to reach $4.90 billion by 2031, up from $3.45 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.