Cabo Verde 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$1.85 billion
↑ 5.71% vs 2015GDP per Capita
$3,608.97
↑ 5.68% vs 2015GDP Growth (Annual %)
4.28%
↑ 3.34pp vs 2015Inflation Rate (CPI %)
-1.41%
↓ 1.54pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.75 billion | $1.85 billion | +5.71% |
| GDP per Capita | $3,415.06 | $3,608.97 | +5.68% |
| GDP Growth (Annual %) | 0.94% | 4.28% | +3.34pp |
| Inflation (CPI %) | 0.13% | -1.41% | -1.54pp |
| Unemployment Rate (%) | 11.91% | 12.08% | +0.17pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $1.85 billion
- GDP per Capita
- $3,608.97
- GDP Growth (Annual %)
- 4.28%
- Gross National Income
- $1.79 billion
Prices & Employment
- Inflation (CPI %)
- -1.41%
- Inflation (GDP Deflator %)
- 1.68%
- Unemployment Rate (%)
- 12.08%
- Interest Rate (Real %)
- 7.80%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.47%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Cabo Verde's Gross Domestic Product (GDP) is $1.85 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cabo Verde for 2016 is $3,608.97. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Cabo Verde for 2016 is -1.41%. This measures the annual percentage change in the cost of consumer goods and services.
Cabo Verde's annual GDP growth rate for 2016 is 4.28%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cabo Verde for 2016 is 12.08%. This represents the percentage of the labor force that is unemployed and actively seeking employment.