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Cape Verde Cape Verde
Cape Verde

Cape Verde

Cape Verde ( (listen)) or Cabo Verde ( (listen), ) (Portuguese: Cabo Verde, pronounced [ˈkabu ˈveɾdɨ]), officially the Republic of Cabo Verde, is an island country spanning an archipelago of 10 volcanic islands in the central Atlantic Ocean. It forms part of the Macaronesia ecoregion, along with the Azores, Canary Islands, Madeira, and the Savage Isles. Located 570 kilometres (350 mi) west of the Cape Verde Peninsula off the coast of Northwest Africa, the islands cover a combined area of slightly over 4,000 square kilometres (1,500 sq mi). The Cape Verde archipelago was uninhabited until the 15th century, when Portuguese explorers discovered and colonized the islands, establishing the first European settlement in the tropics. Ideally located for the Atlantic slave trade, the islands grew prosperous throughout the 16th and 17th centuries, attracting merchants, privateers, and pirates. The end of transatlantic slavery in the 19th century led to economic decline and emigration. Cape Verde gradually recovered as an important commercial center and stopover for shipping routes. Incorporated as an overseas department of Portugal in 1951, the islands continued to campaign for independence, which was achieved in 19... [More]
  • Last : 9,671.5
  • High : 9,709.7
  • Low : 9,619.6
  • Max Fluctuation : 39.8
  • Max Fluctuation % : 0.04%
  • Open : 9,676.8
  • Time : 03:41:12
  • Yesterday : 9,670.9
  • Change % : 0.01%
  • Change : 0.6
  • Last : 1,584.6
  • High : 1,585.63
  • Low : 1,582.64
  • Max Fluctuation : 0.81
  • Max Fluctuation % : 0.07%
  • Open : 1,584.53
  • Time : 03:41:38
  • Yesterday : 1,581.1
  • Change % : 0.22%
  • Change : 3.5
  • Last : 52.22
  • High : 52.42
  • Low : 52.12
  • Max Fluctuation : 0.08
  • Max Fluctuation % : 0.19%
  • Open : 52.41
  • Time : 03:41:12
  • Yesterday : 52.58
  • Change % : 0.69%
  • Change : 0.36
  • Last : 0.9233
  • High : 0.9234
  • Low : 0.9228
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.9234
  • Time : 03:40:06
  • Yesterday : 0.923
  • Change % : 0.03%
  • Change : 0.0003

Cape Verde Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
CVE/GBP Ask 0.0075 - 0.0075 0.0075 0.00 0.00% 2020/02/16 Time 7:14
GBP/CVE Ask 132.5771 - 132.5771 132.5771 0.00 0.00% 2020/02/16 Time 7:14
USD/CVE Ask 101.73 - 101.73 101.73 0.00 0.00% 2020/02/16 Time 7:14
CVE/USD Ask 0.0098 - 0.0098 0.0099 0.00 0.00% 2020/02/16 Time 7:08
EUR/CVE Ask 111.202 - 111.202 111.284 0.00 0.00% 2020/02/15 Time 1:42

Cape Verde Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

-5345.60 19 Sep -6335 -27693 : -1865 Monthly CVE Million

Banks Balance Sheet

0 19 Nov 225354 134798 : 227133 Monthly CVE Million

Business Confidence

15.00 19 Dec 12 -15 : 20 Quarterly points

CPI Transportation

0 20 Jan 102 86.4 : 109 Monthly

Capital Flows

0 19 Jun 2216 -9432 : 2518 Quarterly CVE Millions

Competitiveness Index

0 19 Dec 50.19 3.51 : 50.83 Yearly Points

Competitiveness Rank

0 19 Dec 111 105 : 122 Yearly

Consumer Confidence

16.00 19 Dec 16 4 : 24 Quarterly points

Consumer Price Index Cpi

101.98 20 Jan 102 81.9 : 102 Monthly points

Consumer Spending

27112.50 19 Sep 26472 16725 : 28133 Quarterly CVE Million

Core Consumer Prices

0 19 Dec 102 92.28 : 102 Monthly points

Core Inflation Rate

1.70 19 Dec 1.6 -0.8 : 3.7 Monthly %

Corruption Index

0 19 Dec 57 49 : 60 Yearly Points

Corruption Rank

0 19 Dec 45 38 : 49 Yearly

Cpi Housing Utilities

0 20 Jan 99.3 80.3 : 114 Monthly

Credit Rating

0 20 Feb : Monthly 30

Currency

101.63 20 Feb 102 72.84 : 106 Daily

Current Account

-2033.35 19 Jun 3012 -11803 : 3012 Quarterly CVE Million

Current Account to GDP

-4.50 18 Dec -6.4 -16.2 : 3.04 Yearly %

Deposit Interest Rate

1.90 18 Dec 2.5 1.9 : 5.27 Yearly %

Ease of Doing Business

0 19 Dec 131 119 : 147 Yearly

Employed Persons

195000.00 18 Dec 203775 177297 : 209725 Yearly Thousand

Employment Rate

48.80 18 Dec 51.9 48.8 : 54.2 Yearly %

Exports

541.60 19 Sep 544 37.3 : 4909 Monthly CVE Million

Food Inflation

3.50 20 Jan 4.3 -3.7 : 13.8 Monthly %

Foreign Direct Investment

1076.10 19 Jun 3141 -488 : 8370 Quarterly CVE Million

Foreign Exchange Reserves

69521.30 19 Sep 68673 784 : 69521 Monthly CVE Million

GDP

1.99 18 Dec 1.77 0.13 : 1.99 Yearly USD Billion

GDP Annual Growth Rate

6.70 19 Sep 6.2 -3.4 : 13.6 Quarterly %

GDP Constant Prices

0 19 Sep 42078 29063 : 42286 Quarterly CVE Million

GDP From Agriculture

1632.00 19 Sep 2710 1375 : 4151 Quarterly CVE Million

GDP From Construction

4034.10 19 Sep 3998 2058 : 4645 Quarterly CVE Million

GDP From Manufacturing

2427.40 19 Sep 2435 1271 : 2547 Quarterly CVE Million

GDP From Mining

83.10 19 Sep 83 64.6 : 297 Quarterly CVE Million

GDP From Public Administration

6717.70 19 Sep 6874 3137 : 6874 Quarterly CVE Million

GDP From Services

4591.70 19 Sep 4435 3282 : 4819 Quarterly CVE Million

GDP From Transport

3908.40 19 Sep 3817 2680 : 3908 Quarterly CVE Million

GDP From Utilities

1461.10 19 Sep 1340 204 : 1461 Quarterly CVE Million

GDP Per Capita Ppp

6662.00 18 Dec 6387 1659 : 6662 Yearly USD

GDP per capita

2738.31 13 Dec 2749 497 : 2749 Yearly USD

Government Budget

-2.60 18 Dec -3.1 -12.4 : 6.3 Yearly %

Government Debt to GDP

124.00 18 Dec 127 57.17 : 128 Yearly %

Government Revenues

0 19 Jun 11891 3862 : 15703 Quarterly CVE Millions

Government Spending

7067.10 19 Sep 6497 4810 : 7825 Quarterly CVE Million

Gross Fixed Capital Formation

0 19 Sep 15900 6801 : 19599 Quarterly CVE Million

IP Addresses

0 17 Mar 14240 587 : 14959 Quarterly

Imports

5887.20 19 Sep 6879 2004 : 32602 Monthly CVE Million

Inflation Rate

1.70 20 Jan 1.9 -4.4 : 10.2 Monthly %

Inflation Rate Mom

0 20 Jan 0.9 -1.3 : 1.4 Monthly %

Interest Rate

5.50 19 Sep 5.5 5.5 : 10.5 Daily %

Internet Speed

0 17 Mar 3972 209 : 5450 Quarterly

Labor Force Participation Rate

55.60 18 Dec 59.2 55.6 : 63.7 Yearly %

Military Expenditure

0 18 Dec 9 4 : 11 Yearly

Minimum Wages

13000.00 20 Jan 13000 11000 : 13000 Yearly CVE/Month

Money Supply M0

0 19 Nov 107639 87393 : 107640 Monthly CVE Million

Money Supply M1

0 19 Jul 79798 47147 : 525141 Monthly CVE Million

Money Supply M2

0 19 Jul 186330 18496 : 1234914 Monthly CVE Million

Population

0.54 18 Dec 0.54 0.2 : 0.54 Yearly Million

Private Sector Credit

0 19 Nov 106882 4270 : 108075 Monthly CVE Million

Remittances

1726.20 19 Jul 1570 523 : 2034 Monthly CVE Million

Sales Tax Rate

15.00 19 Dec 15 15 : 15 Yearly %

Tourist Arrivals

181664.00 19 Sep 179874 71246 : 312880 Quarterly

Unemployed Persons

27028.00 18 Dec 28424 21168 : 37915 Yearly Thousand

Unemployment Rate

12.20 18 Dec 12.2 10.7 : 21.4 Yearly %

Youth Unemployment Rate

27.80 18 Dec 32.4 21.3 : 41 Yearly %
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade -5345.60 -6370 -6415 -5830 -4760 -6660 CVE Million
Business Confidence 15.00 13 14 16 10 18 points
Consumer Confidence 16.00 23 20 25 18 27 points
Consumer Price Index Cpi 101.98 103 102 104 101 106 points
Consumer Spending 27112.50 27121 27804 28549 24958 30034 CVE Million
Core Inflation Rate 1.70 1.3 1.3 1.6 1.2 1.4 %
Currency 101.63 101 101 102 100 102
Current Account -2033.35 -2977 -1780 -1780 -2338 -2714 CVE Million
Current Account to GDP -4.50 -6 -6 -6 -6 -6.5 %
Deposit Interest Rate 1.90 1.9 1.9 3 3 3 %
Employed Persons 195000.00 198000 198000 198000 198000 197000 Thousand
Employment Rate 48.80 51.3 51.3 51.3 51.3 51 %
Exports 541.60 620 485 670 440 740 CVE Million
Food Inflation 3.50 1.8 1.8 1.9 1.8 2.4 %
Foreign Direct Investment 1076.10 2000 1900 1500 3300 1750 CVE Million
Foreign Exchange Reserves 69521.30 64100 60500 61970 61230 62700 CVE Million
GDP 1.99 2.1 2.1 2.1 2.1 2.2 USD Billion
GDP Annual Growth Rate 6.70 4.9 5.1 5.3 4.7 5.2 %
GDP From Agriculture 1632.00 2776 1674 1718 2211 1808 CVE Million
GDP From Construction 4034.10 4096 4137 4248 3561 4469 CVE Million
GDP From Manufacturing 2427.40 2495 2489 2556 2607 2689 CVE Million
GDP From Mining 83.10 85.03 85.22 87.5 74.61 92.05 CVE Million
GDP From Public Administration 6717.70 7042 6889 7074 6777 7442 CVE Million
GDP From Services 4591.70 4544 4709 4835 4389 5086 CVE Million
GDP From Transport 3908.40 3911 4008 4116 3430 4330 CVE Million
GDP From Utilities 1461.10 1373 1498 1539 1343 1619 CVE Million
GDP Per Capita Ppp 6662.00 6850 6850 6850 6850 6990 USD
GDP per capita 2738.31 2777 2777 2820 2820 2820 USD
Government Budget -2.60 -1.7 -1.7 -1.7 -1.7 -1.5 %
Government Debt to GDP 124.00 120 120 120 120 120 %
Government Spending 7067.10 6656 7247 7442 7919 7829 CVE Million
Imports 5887.20 6990 6900 6500 5200 7400 CVE Million
Inflation Rate 1.70 1.3 1 1.3 1 2 %
Interest Rate 5.50 5.5 5.5 5.5 5.5 5 %
Labor Force Participation Rate 55.60 60 60 60 60 62 %
Minimum Wages 13000.00 13000 13000 13000 13000 15000 CVE/Month
Population 0.54 0.56 0.56 0.54 0.56 0.54 Million
Remittances 1726.20 1960 1400 1400 1960 1577 CVE Million
Sales Tax Rate 15.00 15 15 15 15 15 %
Tourist Arrivals 181664.00 188100 182000 225000 245000 240000
Unemployed Persons 27028.00 28600 28600 28600 28600 29000 Thousand
Unemployment Rate 12.20 11.4 11.4 11.4 11.4 10 %
Youth Unemployment Rate 27.80 32 32 32 32 29.7 %