Flag of Cabo Verde
Cabo Verde GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Cabo Verde is $3.45 billion ($3,448,000,000) as of 2026, according to the International Monetary Fund (IMF).
The GDP growth rate in 2026 is 4.8%, according to the International Monetary Fund (IMF).
GDP per Capita in Cabo Verde (with a population of 529,630 people) is $6,670 in 2026, an increase of $676 from $5,995 in 2025; this represents a change of 11.3% in GDP per capita.

GDP Change (%)

Gross Domestic Product (GDP) of Cabo Verde

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026 $3,448,000,000 4.8% $6,670 0.44%
2025 $3,081,000,000 5.5% $5,995 0.47%
2024 $2,726,000,000 7.2% $5,329 0.49%
2023 $2,501,000,000 4.8% $4,913 0.5%
2022 $2,252,000,000 15.8% $4,445 0.6%
2021 $2,053,000,000 7.0% $4,072 0.38%
2020 $1,829,000,000 −20.8% $3,647 0.11%
2019 $2,251,000,000 6.9% $4,505 0.13%
2018 $2,205,000,000 3.7% $4,432 0.1%
2017 $1,997,000,000 4.6% $4,030 0.07%
2016 $1,850,000,000 4.3% $3,749 0.03%
2015 $1,750,000,000 0.9% $3,561 0.01%
2014 $2,042,000,000 0.7% $4,178 0.02%
2013 $2,029,000,000 0.6% $4,175 0.05%
2012 $1,913,000,000 1.1% $3,958 0.1%
2011 $2,047,000,000 3.9% $4,259 0.33%
2010 $1,825,000,000 1.8% $3,819 0.72%
2009 $1,852,000,000 −1.5% $3,919 0.95%
2008 $1,960,000,000 7.0% $4,190 1.04%
2007 $1,650,000,000 15.2% $3,565 1.11%
2006 $1,452,000,000 9.1% $3,174 1.16%
2005 $1,395,000,000 5.8% $3,091 1.2%
2004 $1,263,000,000 4.9% $2,839 1.26%
2003 $1,105,000,000 7.5% $2,524 1.36%
2002 $867,000,000 5.3% $2,015 1.47%
2001 $791,000,000 6.1% $1,875 1.54%
2000 $699,000,000 7.3% $1,690 1.52%
1999 $693,000,000 11.9% $1,709 1.53%
1998 $648,000,000 8.4% $1,632 1.61%
1997 $609,000,000 7.6% $1,569 1.7%
1996 $611,000,000 6.7% $1,611 1.79%
1995 $570,000,000 7.5% $1,541 1.92%
1994 $450,000,000 6.9% $1,247 2.06%
1993 $431,000,000 7.3% $1,190 2.17%
1992 $479,000,000 3.0% $1,356 2.3%
1991 $443,000,000 1.4% $1,285 2.44%
1990 $413,000,000 0.7% $1,224 2.07%
1989 $332,000,000 5.7% $1,007 1.51%
1988 $322,000,000 6.0% $997 1.41%
1987 $264,000,000 4.3% $836 1.42%
1986 $212,000,000 2.9% $685 1.42%
1985 $164,000,000 8.6% $542 1.42%
1984 $146,000,000 3.8% $494 1.44%
1983 $144,000,000 9.5% $494 1.48%
1982 $149,000,000 2.8% $522 1.49%
1981 $187,000,000 8.5% $669 1.41%
1980 $157,000,000 5.3% $569 1.2%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2026 $6,882,000,000 $13,314 7.2% 0.44%
2025 $6,385,000,000 $12,423 8% 0.47%
2024 $5,885,000,000 $11,504 9.4% 0.49%
2023 $5,354,000,000 $10,517 8.1% 0.5%
2022 $4,927,000,000 $9,726 23.5% 0.6%
2021 $3,971,000,000 $7,876 11.8% 0.38%
2020 $3,536,000,000 $7,048 −20.7% 0.11%
2019 $4,442,000,000 $8,890 8.8% 0.13%
2018 $4,064,000,000 $8,169 −0.6% 0.1%
2017 $4,070,000,000 $8,214 6% 0.07%
2016 $3,825,000,000 $7,750 4.8% 0.03%
2015 $3,633,000,000 $7,393 1.3% 0.01%
2014 $3,566,000,000 $7,297 1.9% 0.02%
2013 $3,481,000,000 $7,162 1.8% 0.05%
2012 $3,401,000,000 $7,038 2.4% 0.1%
2011 $3,303,000,000 $6,873 5.5% 0.33%
2010 $3,114,000,000 $6,517 2% 0.72%
2009 $3,021,000,000 $6,392 −1.9% 0.95%
2008 $3,049,000,000 $6,518 7.9% 1.04%
2007 $2,794,000,000 $6,039 16.9% 1.11%
2006 $2,362,000,000 $5,164 11% 1.16%
2005 $2,100,000,000 $4,651 7.5% 1.2%
2004 $1,924,000,000 $4,325 6% 1.26%
2003 $1,786,000,000 $4,080 7.7% 1.36%
2002 $1,629,000,000 $3,788 5% 1.47%
2001 $1,523,000,000 $3,609 6.4% 1.54%
2000 $1,403,000,000 $3,391 7.5% 1.52%
1999 $1,279,000,000 $3,155 11.1% 1.53%
1998 $1,128,000,000 $2,841 7.2% 1.61%
1997 $1,029,000,000 $2,650 7% 1.7%
1996 $940,000,000 $2,477 6% 1.79%
1995 $865,000,000 $2,336 6.9% 1.92%
1994 $788,000,000 $2,185 9.6% 2.06%
1993 $721,000,000 $1,994 7.3% 2.17%
1992 $657,000,000 $1,859 2.9% 2.3%
1991 $623,000,000 $1,807 2.4% 2.44%
1990 $594,000,000 $1,764 2.1% 2.07%
1989 $569,000,000 $1,727 7.5% 1.51%
1988 $518,000,000 $1,607 7.5% 1.41%
1987 $472,000,000 $1,495 4.7% 1.42%
1986 $442,000,000 $1,428 2.8% 1.42%
1985 $421,000,000 $1,390 9.7% 1.42%
1984 $375,000,000 $1,266 5.3% 1.44%
1983 $349,000,000 $1,203 11.5% 1.48%
1982 $307,000,000 $1,078 7.2% 1.49%
1981 $281,000,000 $1,006 16.9% 1.41%
1980 $237,000,000 $861 1.2%
Year GDP Nominal (Current USD) GDP Real (Constant, Inflation Adjusted) Pop. Change
2024 $2,767,599,017 $2,349,062,343 0.49%
2023 $2,539,203,429 $2,189,821,145 0.5%
2022 $2,247,003,344 $2,077,803,747 0.6%
2021 $2,051,842,619 $1,793,627,261 0.38%
2020 $1,821,565,614 $1,675,762,034 0.11%
2019 $2,252,177,124 $2,116,002,111 0.13%
2018 $2,205,099,507 $1,978,536,809 0.1%
2017 $1,996,741,540 $1,907,814,791 0.07%
2016 $1,849,789,986 $1,824,764,035 0.03%
2015 $1,749,857,620 $1,749,857,620 0.01%
2014 $2,041,930,125 $1,733,630,380 0.02%
2013 $2,028,910,915 $1,721,636,311 0.05%
2012 $1,913,081,210 $1,710,821,580 0.1%
2011 $2,046,817,987 $1,692,481,035 0.33%
2010 $1,824,751,468 $1,628,564,468 0.72%
2009 $1,852,334,575 $1,599,196,517 0.95%
2008 $1,959,620,648 $1,623,608,885 1.04%
2007 $1,649,621,739 $1,516,838,455 1.11%
2006 $1,107,571,458 $1,317,035,160 1.16%
2005 $972,241,677 $1,219,660,509 1.2%
2004 $924,940,012 $1,140,802,982 1.26%
2003 $813,260,469 $1,035,238,918 1.36%
2002 $620,507,387 $993,737,848 1.47%
2001 $563,090,490 $944,160,983 1.54%
2000 $539,227,278 $923,550,525 1.52%
1999 $592,416,703 $808,112,688 1.53%
1998 $521,910,561 $726,572,060 1.61%
1997 $490,608,658 $645,742,612 1.7%
1996 $501,979,270 $581,130,092 1.79%
1995 $487,148,994 $521,911,297 1.92%
1994 $406,580,652 $456,968,584 2.06%
1993 $490,417,390 $383,418,741 2.17%
1992 $357,160,985 $352,704,164 2.3%
1991 $319,827,059 $317,930,093 2.44%
1990 $306,890,963 $313,527,703 2.07%
1989 $267,448,571 $311,372,470 1.51%
1988 $264,308,140 $294,587,049 1.41%
1987 $235,253,065 $277,920,557 1.42%
1986 $190,651,168 $266,439,508 1.42%
1985 $137,728,205 $259,002,371 1.42%
1984 $132,019,039 $238,399,665 1.44%
1983 $138,476,176 $229,709,147 1.48%
1982 $140,630,679 $209,740,298 1.49%
1981 $139,468,209 $203,977,862 1.41%
1980 $142,246,815 $188,081,995 1.2%

Cabo Verde GDP Projections (IMF)

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2027 $3,699,000,000 5.0% $7,114 0.42%
2028 $3,963,000,000 5.0% $7,580 0.42%
2029 $4,253,000,000 5.1% $8,090 0.42%
2030 $4,565,000,000 5.1% $8,636 0.42%
2031 $4,902,000,000 5.1% $9,217 0.4%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2027 $7,388,000,000 $14,211 −5.8% 0.42%
2028 $7,885,000,000 $15,082 −6% 0.42%
2029 $8,431,000,000 $16,038 −6% 0.42%
2030 $9,021,000,000 $17,064 −6% 0.42%
2031 $9,649,000,000 $18,145 0.4%

Sources:

IMF, World Economic Outlook (April 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Cabo Verde