Cabo Verde - GDP per capita (current US$) 1980 - 2022
Cabo Verde's gdp per capita (current us$) is currently $3,902.59 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Cabo Verde's gdp per capita (current us$) for 2022 was $3,902.59, a 9.69% increase from 2021, with a +$344 difference.
- In 2021 it was $3,557.84, a 10.36% increase from 2020, with a +$334 difference.
- In 2020 it was $3,223.74, a -17.94% increase from 2019.
- In 2019 it was $3,928.31, a 1.76% increase from 2018.
- In 2018 it was $3,860.45, a 9.23% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Cabo Verde is currently $1,983.88 (average of years with recorded data) with a lowest recorded value of $393.53 in 1984 and a highest value of $3,928.31 in 2019.For comparison, the world wide [World Bank] aggregate for 1984 was $2,582.87 and in 2019 it was $11,330.45. Essentially, in 1984, Cabo Verde contributed 15.24% to the world wide aggregate. While in 2019 it contributed 34.67% to the aggregate, recording a 127.53% increase in amounts contributed within the 35-year period. Nonetheless, the country recorded a 898.22% increase in gdp per capita (current us$) within the same period.
Similarly, from 1984 (when the lowest value was recorded) to 2022, Cabo Verde recorded a 891.69% increase in gdp per capita (current us$). The world aggregate recorded a 389.67% growth in the same period.
Cabo Verde's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1980 | $448.40 | |
| 1981 | $433.62 | -3.29% |
| 1982 | $430.96 | -0.61% |
| 1983 | $418.39 | -2.92% |
| 1984 | $393.53 | -5.94% |
| 1985 | $405.23 | 2.97% |
| 1986 | $553.78 | 36.66% |
| 1987 | $674.62 | 21.82% |
| 1988 | $748.25 | 10.91% |
| 1989 | $746.75 | -0.20% |
| 1990 | $841.81 | 12.73% |
| 1991 | $858.09 | 1.93% |
| 1992 | $935.11 | 8.98% |
| 1993 | $1,251.87 | 33.87% |
| 1994 | $1,012.26 | -19.14% |
| 1995 | $1,184.18 | 16.98% |
| 1996 | $1,192.33 | 0.69% |
| 1997 | $1,139.22 | -4.45% |
| 1998 | $1,185.58 | 4.07% |
| 1999 | $1,317.57 | 11.13% |
| 2000 | $1,176.71 | -10.69% |
| 2001 | $1,208.46 | 2.70% |
| 2002 | $1,311.21 | 8.50% |
| 2003 | $1,693.98 | 29.19% |
| 2004 | $1,900.89 | 12.21% |
| 2005 | $1,972.78 | 3.78% |
| 2006 | $2,220.10 | 12.54% |
| 2007 | $3,268.31 | 47.21% |
| 2008 | $3,839.86 | 17.49% |
| 2009 | $3,592.32 | -6.45% |
| 2010 | $3,500.98 | -2.54% |
| 2011 | $3,880.07 | 10.83% |
| 2012 | $3,583.46 | -7.64% |
| 2013 | $3,757.66 | 4.86% |
| 2014 | $3,739.28 | -0.49% |
| 2015 | $3,169.08 | -15.25% |
| 2016 | $3,312.70 | 4.53% |
| 2017 | $3,534.34 | 6.69% |
| 2018 | $3,860.45 | 9.23% |
| 2019 | $3,928.31 | 1.76% |
| 2020 | $3,223.74 | -17.94% |
| 2021 | $3,557.84 | 10.36% |
| 2022 | $3,902.59 | 9.69% |
Expand
Comparison with Countries in the Sub-Saharan Africa Region.
Among countries in the same World Bank Sub-Saharan Africa (SSA) region, Cabo Verde comes in 9th with $3,902.59 gdp per capita (current us$).
- Within the same region, Seychelles comes in 1st with $15,874.50, gdp per capita (current us$).
- Mauritius comes in 2nd with $10,216.30.
- Gabon comes in 3rd with $8,820.35.
- Botswana comes in 4th with $7,737.65.
- Equatorial Guinea comes in 5th with $7,053.47.
- South Africa comes in 6th with $6,776.48.
- Namibia comes in 7th with $4,911.33.
- Eswatini comes in 8th with $4,039.52.
- Angola comes in 10th with $2,998.50.
- Cote d'Ivoire comes in 11th with $2,486.41.
- Congo, Rep. comes in 12th with $2,447.99.
- Sao Tome and Principe comes in 13th with $2,404.26.
- Mauritania comes in 14th with $2,190.70.
- Nigeria comes in 15th with $2,184.42.
- Ghana comes in 16th with $2,175.86.
- Kenya comes in 17th with $2,099.30.
- Senegal comes in 18th with $1,598.74.
- And Cameroon comes in 19th with $1,588.48, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Sub-Saharan Africa Region.
Top 10 Countries in the Sub-Saharan Africa Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Seychelles | $15,874.50 | 2022 |
| 2 | Mauritius | $10,216.30 | 2022 |
| 3 | Gabon | $8,820.35 | 2022 |
| 4 | Botswana | $7,737.65 | 2022 |
| 5 | Equatorial Guinea | $7,053.47 | 2022 |
| 6 | South Africa | $6,776.48 | 2022 |
| 7 | Namibia | $4,911.33 | 2022 |
| 8 | Eswatini | $4,039.52 | 2022 |
| 9 | Cabo Verde | $3,902.59 | 2022 |
| 10 | Angola | $2,998.50 | 2022 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Cabo Verde comes in 10th with $3,902.59 gdp per capita (current us$).
- Within the same income group, Mongolia comes in 1st with $4,946.75, gdp per capita (current us$).
- Ukraine comes in 2nd with $4,533.98.
- Iran, Islamic Rep. comes in 3rd with $4,387.83.
- Egypt, Arab Rep. comes in 4th with $4,295.41.
- Algeria comes in 5th with $4,273.92.
- Jordan comes in 6th with $4,204.51.
- Vietnam comes in 7th with $4,163.51.
- Lebanon comes in 8th with $4,136.15.
- Eswatini comes in 9th with $4,039.52.
- Tunisia comes in 11th with $3,776.67.
- Samoa comes in 12th with $3,743.21.
- Micronesia, Fed. Sts. comes in 13th with $3,741.06.
- Morocco comes in 14th with $3,527.94.
- Bolivia comes in 15th with $3,523.27.
- Philippines comes in 16th with $3,498.51.
- Sri Lanka comes in 17th with $3,354.38.
- Bhutan comes in 18th with $3,266.36.
- Djibouti comes in 19th with $3,136.11.
- And Honduras comes in 20th with $3,040.17, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Mongolia | $4,946.75 | 2022 |
| 2 | Ukraine | $4,533.98 | 2022 |
| 3 | Iran, Islamic Rep. | $4,387.83 | 2022 |
| 4 | Egypt, Arab Rep. | $4,295.41 | 2022 |
| 5 | Algeria | $4,273.92 | 2022 |
| 6 | Jordan | $4,204.51 | 2022 |
| 7 | Vietnam | $4,163.51 | 2022 |
| 8 | Lebanon | $4,136.15 | 2021 |
| 9 | Eswatini | $4,039.52 | 2022 |
| 10 | Cabo Verde | $3,902.59 | 2022 |
| 11 | Tunisia | $3,776.67 | 2022 |
| 12 | Samoa | $3,743.21 | 2022 |
| 13 | Micronesia, Fed. Sts. | $3,741.06 | 2022 |
| 14 | Morocco | $3,527.94 | 2022 |