Cabo Verde - GDP

GDP (current US$)

The latest value for GDP (current US$) in Cabo Verde was $1,703,699,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $1,981,846,000 in 2019 and $132,019,100 in 1984.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 $142,246,900
1981 $139,468,100
1982 $140,630,800
1983 $138,476,200
1984 $132,019,100
1985 $137,728,200
1986 $190,651,200
1987 $235,253,200
1988 $264,308,100
1989 $267,448,500
1990 $306,891,100
1991 $319,827,100
1992 $357,161,000
1993 $490,417,400
1994 $406,580,600
1995 $487,149,000
1996 $501,979,100
1997 $490,608,700
1998 $521,910,600
1999 $592,416,700
2000 $539,227,300
2001 $563,024,400
2002 $620,974,700
2003 $813,963,800
2004 $924,318,500
2005 $971,977,100
2006 $1,107,891,000
2007 $1,513,934,000
2008 $1,789,334,000
2009 $1,711,817,000
2010 $1,664,311,000
2011 $1,865,916,000
2012 $1,741,810,000
2013 $1,850,470,000
2014 $1,859,898,000
2015 $1,596,800,000
2016 $1,662,999,000
2017 $1,768,319,000
2018 $1,966,503,000
2019 $1,981,846,000
2020 $1,703,699,000

GDP (current LCU)

The value for GDP (current LCU) in Cabo Verde was 164,911,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 195,202,000,000 in 2019 and a minimum value of 5,714,754,000 in 1980.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 5,714,754,000
1981 6,791,358,000
1982 8,197,831,000
1983 9,926,780,000
1984 11,205,500,000
1985 12,620,270,000
1986 15,279,720,000
1987 17,047,810,000
1988 19,048,030,000
1989 20,855,130,000
1990 21,491,980,000
1991 22,838,210,000
1992 24,293,380,000
1993 39,442,800,000
1994 33,295,300,000
1995 37,438,860,000
1996 41,459,200,000
1997 45,684,010,000
1998 51,229,700,000
1999 61,316,310,000
2000 64,538,550,000
2001 69,380,260,000
2002 72,758,110,000
2003 79,526,710,000
2004 82,086,510,000
2005 86,185,500,000
2006 97,384,400,000
2007 121,974,000,000
2008 134,698,000,000
2009 135,879,000,000
2010 138,569,000,000
2011 147,924,000,000
2012 150,351,000,000
2013 153,723,000,000
2014 154,436,000,000
2015 158,699,000,000
2016 165,782,000,000
2017 173,097,000,000
2018 183,698,000,000
2019 195,202,000,000
2020 164,911,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Cabo Verde was 164,911,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 195,202,000,000 in 2019 and 20,211,350,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 20,211,350,000
1991 21,477,360,000
1992 22,845,810,000
1993 37,092,530,000
1994 31,311,340,000
1995 35,208,000,000
1996 41,463,680,000
1997 45,688,940,000
1998 51,235,230,000
1999 61,322,930,000
2000 69,241,180,000
2001 74,435,690,000
2002 78,059,670,000
2003 85,321,470,000
2004 88,067,780,000
2005 92,465,460,000
2006 104,480,000,000
2007 121,974,000,000
2008 134,698,000,000
2009 135,879,000,000
2010 138,569,000,000
2011 147,924,000,000
2012 150,351,000,000
2013 153,723,000,000
2014 154,436,000,000
2015 158,699,000,000
2016 165,782,000,000
2017 173,097,000,000
2018 183,698,000,000
2019 195,202,000,000
2020 164,911,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Cabo Verde was 1,632,003,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 1,915,124,000 in 2019 and 172,138,300 in 1980.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 172,138,300
1981 186,686,700
1982 191,960,700
1983 210,236,800
1984 218,190,600
1985 237,046,800
1986 243,853,500
1987 254,361,300
1988 269,615,000
1989 284,977,500
1990 286,950,000
1991 290,979,300
1992 322,805,500
1993 350,916,400
1994 418,231,500
1995 477,669,000
1996 531,867,900
1997 591,003,200
1998 664,980,700
1999 739,609,200
2000 845,261,400
2001 864,124,700
2002 909,499,000
2003 947,482,000
2004 1,044,097,000
2005 1,116,270,000
2006 1,205,390,000
2007 1,388,257,000
2008 1,480,583,000
2009 1,461,773,000
2010 1,483,214,000
2011 1,542,081,000
2012 1,558,765,000
2013 1,571,279,000
2014 1,580,883,000
2015 1,596,800,000
2016 1,671,942,000
2017 1,733,838,000
2018 1,812,401,000
2019 1,915,124,000
2020 1,632,003,000

GDP (constant LCU)

The value for GDP (constant LCU) in Cabo Verde was 143,390,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 168,265,000,000 in 2019 and a minimum value of 15,124,260,000 in 1980.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 15,124,260,000
1981 16,402,500,000
1982 16,865,870,000
1983 18,471,630,000
1984 19,170,460,000
1985 20,827,190,000
1986 21,425,230,000
1987 22,348,460,000
1988 23,688,670,000
1989 25,038,430,000
1990 25,211,740,000
1991 25,565,750,000
1992 28,362,050,000
1993 30,831,900,000
1994 36,746,270,000
1995 41,968,520,000
1996 46,730,490,000
1997 51,926,180,000
1998 58,425,930,000
1999 64,982,870,000
2000 74,265,580,000
2001 75,922,940,000
2002 79,909,570,000
2003 83,246,800,000
2004 91,735,540,000
2005 98,076,710,000
2006 105,907,000,000
2007 121,974,000,000
2008 130,086,000,000
2009 128,433,000,000
2010 130,317,000,000
2011 135,489,000,000
2012 136,955,000,000
2013 138,054,000,000
2014 138,898,000,000
2015 140,297,000,000
2016 146,899,000,000
2017 152,337,000,000
2018 159,240,000,000
2019 168,265,000,000
2020 143,390,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Cabo Verde was 3,545,337,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 4,110,839,000 in 2019 and 359,202,100 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 359,202,100
1991 376,563,700
1992 427,271,100
1993 475,489,000
1994 578,801,800
1995 674,920,700
1996 765,260,500
1997 865,551,000
1998 984,855,900
1999 1,111,198,000
2000 1,298,320,000
2001 1,356,407,000
2002 1,450,213,000
2003 1,538,834,000
2004 1,741,403,000
2005 1,919,770,000
2006 2,135,774,000
2007 2,525,862,000
2008 2,746,244,000
2009 2,732,025,000
2010 2,804,400,000
2011 2,976,610,000
2012 2,939,948,000
2013 2,964,469,000
2014 2,979,100,000
2015 3,145,505,000
2016 3,358,352,000
2017 3,570,703,000
2018 3,822,113,000
2019 4,110,839,000
2020 3,545,337,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Cabo Verde was 3,360,981,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,944,046,000 in 2019 and 590,950,800 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 590,950,800
1991 599,248,700
1992 664,792,400
1993 722,684,600
1994 861,314,600
1995 983,721,500
1996 1,095,340,000
1997 1,217,124,000
1998 1,369,475,000
1999 1,523,166,000
2000 1,740,749,000
2001 1,779,596,000
2002 1,873,041,000
2003 1,951,264,000
2004 2,150,236,000
2005 2,298,870,000
2006 2,482,406,000
2007 2,859,004,000
2008 3,049,143,000
2009 3,010,406,000
2010 3,054,562,000
2011 3,175,794,000
2012 3,210,154,000
2013 3,235,925,000
2014 3,255,703,000
2015 3,288,484,000
2016 3,443,233,000
2017 3,570,703,000
2018 3,732,497,000
2019 3,944,046,000
2020 3,360,981,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts