Cabo Verde - Inflation, consumer prices (annual %) 1984 - 2021
Cabo Verde's inflation, consumer prices (annual %) is currently 1.86%, according to the most recent World Bank data for the country (2021).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Cabo Verde's inflation, consumer prices (annual %) for 2021 was 1.862%, a 207.39% increase from 2020, with a +1 difference.
- In 2020 it was 0.606%, a -45.26% increase from 2019, with a -1 difference.
- In 2019 it was 1.107%, a -11.96% increase from 2018.
- In 2018 it was 1.257%, a 60.25% increase from 2017.
- In 2017 it was 0.784%, a 155.72% increase from 2016.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Cabo Verde is currently 3.6551% (average of years with recorded data) with a lowest recorded value of -2.4775% in 2000 and a highest value of 11.25% in 1984.
Cabo Verde's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1984 | 11.25% | |
| 1985 | 5.393% | -52.06% |
| 1986 | 10.874% | 101.63% |
| 1987 | 3.846% | -64.63% |
| 1988 | 4.074% | 5.93% |
| 1989 | 4.555% | 11.81% |
| 1990 | 10.654% | 133.88% |
| 1991 | 9.551% | -10.35% |
| 1992 | 3.117% | -67.37% |
| 1993 | 5.788% | 85.72% |
| 1994 | 3.452% | -40.36% |
| 1995 | 8.352% | 141.93% |
| 1996 | 5.964% | -28.59% |
| 1997 | 8.556% | 43.47% |
| 1998 | 4.394% | -48.64% |
| 1999 | 4.356% | -0.86% |
| 2000 | -2.477% | -156.87% |
| 2001 | 3.35% | 235.22% |
| 2002 | 1.885% | -43.74% |
| 2003 | 1.188% | -36.95% |
| 2004 | -1.891% | -259.14% |
| 2005 | 0.419% | 122.15% |
| 2006 | 5.369% | 1,181.73% |
| 2007 | 4.411% | -17.84% |
| 2008 | 6.774% | 53.58% |
| 2009 | 0.991% | -85.37% |
| 2010 | 2.079% | 109.73% |
| 2011 | 4.474% | 115.23% |
| 2012 | 2.54% | -43.22% |
| 2013 | 1.507% | -40.70% |
| 2014 | -0.239% | -115.85% |
| 2015 | 0.131% | 154.94% |
| 2016 | -1.408% | -1,173.13% |
| 2017 | 0.784% | 155.72% |
| 2018 | 1.257% | 60.25% |
| 2019 | 1.107% | -11.96% |
| 2020 | 0.606% | -45.26% |
| 2021 | 1.862% | 207.39% |
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 43rd with 1.862% inflation, consumer prices (annual %).
- Within the same region, Central African Republic comes in 33rd with 5.583%, inflation, consumer prices (annual %).
- Cote d'Ivoire comes in 34th with 5.276%.
- Equatorial Guinea comes in 35th with 4.787%.
- Tanzania comes in 36th with 4.35%.
- Gabon comes in 37th with 4.231%.
- Niger comes in 38th with 4.226%.
- Mali comes in 39th with 3.926%.
- Congo, Rep. comes in 40th with 3.043%.
- Congo, Dem. Rep. comes in 41st with 2.886%.
- Eswatini comes in 42nd with 2.598%.
- Benin comes in 44th with 1.351%.
- Comoros comes in 45th with -4.295%.
- And South Sudan comes in 46th with -6.687%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Sub-Saharan Africa Region.
Top 10 Countries in the Sub-Saharan Africa Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sudan | 138.81% | 2022 |
| 2 | Zimbabwe | 104.70% | 2022 |
| 3 | Ghana | 31.26% | 2022 |
| 4 | Sierra Leone | 27.21% | 2022 |
| 5 | Ethiopia | 26.84% | 2021 |
| 6 | Angola | 25.75% | 2021 |
| 7 | Liberia | 23.56% | 2018 |
| 8 | Malawi | 20.95% | 2022 |
| 9 | Nigeria | 18.85% | 2022 |
| 10 | Burundi | 18.80% | 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 49th with 1.862% inflation, consumer prices (annual %).
- Within the same income group, Cote d'Ivoire comes in 39th with 5.276%, inflation, consumer prices (annual %).
- Djibouti comes in 40th with 5.18%.
- Papua New Guinea comes in 41st with 4.484%.
- Tanzania comes in 42nd with 4.35%.
- Jordan comes in 43rd with 4.229%.
- Nepal comes in 44th with 4.088%.
- Vietnam comes in 45th with 3.157%.
- Congo, Rep. comes in 46th with 3.043%.
- Eswatini comes in 47th with 2.598%.
- Vanuatu comes in 48th with 2.343%.
- Bolivia comes in 50th with 1.746%.
- Benin comes in 51st with 1.351%.
- Timor-Leste comes in 52nd with 0.959%.
- Kiribati comes in 53rd with -1.813%.
- And Comoros comes in 54th with -4.295%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |