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Cabo Verde economy
Cabo Verde’s economy grew 6.3% in 2025, faster than the world as a whole (2.9%). Consumer prices rose 2.3% in 2025, and 11.9% of the labour force was out of work.
| Indicator | Latest | Year |
|---|---|---|
| Real GDP growth | 6.3% | 2025 |
| Inflation (consumer prices) | 2.3% | 2025 |
| Unemployment | 11.9% | 2025 |
| GDP (US dollars) | $3.1 bn | 2025 |
| GDP per person (US dollars) | $5,796 | 2025 |
| GDP per person (PPP, international dollars) | $11,195 | 2024 |
| Current account balance, % of GDP | 3.5% | 2025 |
| Budget balance, % of GDP | −9.4% | 2020 |
| Extreme poverty, % of people below $3.00 a day | 14.6% | 2015 |
| Population | 527k | 2025 |
Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.