Cape Verde Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Cabo Verde Forecast: Real GDP Growth

Cabo Verde Real GDP Growth is forecasted to be 5.204 % in Dec 2022 as reported by International Monetary Fund.
It records a decrease from the last reported number of 6.897 % in Dec 2021.
Looking ahead, Cabo Verde Real GDP Growth is projected to stand at 4.498 % in Dec 2027.
The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Cape Verde's Forecast: Real GDP Growth from 1980 to 2027 in the chart:

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What is Cape Verde's Forecast: Real GDP Growth in 2027?

Cabo Verde Real GDP Growth is forecasted to be 5.204 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
4.498 2027	5.002 2026	-14.783 2020	11.860 1999	%	yearly	1980 - 2027

Forecast: Real GDP Growth by Country Comparison

country/region	Last	Frequency	Range
Afghanistan (%)	2.711 2023	yearly	2003 - 2023
Albania (%)	3.400 2028	yearly	1980 - 2028
Algeria (%)	1.782 2028	yearly	1980 - 2028
Andorra (%)	1.500 2028	yearly	2001 - 2028
Angola (%)	4.230 2028	yearly	1980 - 2028
Antigua and Barbuda (%)	2.685 2027	yearly	1980 - 2027
Argentina (%)	2.000 2027	yearly	1980 - 2027
Armenia (%)	4.500 2028	yearly	1993 - 2028
Aruba (%)	1.100 2028	yearly	1987 - 2028
Australia (%)	2.279 2027	yearly	1980 - 2027
Austria (%)	1.527 2028	yearly	1980 - 2028
Azerbaijan (%)	2.572 2028	yearly	1993 - 2028
Bahamas (%)	1.496 2027	yearly	1980 - 2027
Bahrain (%)	2.733 2028	yearly	1980 - 2028
Bangladesh (%)	9.531 2021	yearly	1980 - 2021
Barbados (%)	1.840 2027	yearly	1980 - 2027
Belarus (%)	0.741 2028	yearly	1993 - 2028
Belgium (%)	1.289 2028	yearly	1980 - 2028
Belize (%)	2.012 2027	yearly	1980 - 2027
Benin (%)	5.934 2028	yearly	1980 - 2028
Bhutan (%)	5.114 2029	yearly	1980 - 2029
Bolivia (%)	3.400 2027	yearly	1980 - 2027
Bosnia and Herzegovina (%)	3.000 2028	yearly	1997 - 2028
Botswana (%)	3.957 2028	yearly	1980 - 2028
Brazil (%)	2.015 2028	yearly	1980 - 2028
Brunei (%)	2.112 2027	yearly	1986 - 2027
Bulgaria (%)	2.840 2028	yearly	1980 - 2028
Burkina Faso (%)	5.258 2027	yearly	1980 - 2027
Burundi (%)	4.565 2027	yearly	1980 - 2027
Cambodia (%)	6.500 2027	yearly	1988 - 2027
Cameroon (%)	4.898 2027	yearly	1980 - 2027
Canada (%)	1.643 2029	yearly	1980 - 2029
Cape Verde (%)	4.498 2027	yearly	1980 - 2027
Central African Republic (%)	3.347 2028	yearly	1980 - 2028
Chad (%)	3.508 2027	yearly	1980 - 2027
Chile (%)	2.459 2027	yearly	1980 - 2027
China (%)	3.437 2028	yearly	1980 - 2028
Colombia (%)	3.345 2028	yearly	1980 - 2028
Comoros (%)	4.342 2027	yearly	1980 - 2027
Congo (%)	3.980 2028	yearly	1980 - 2028
Costa Rica (%)	3.243 2027	yearly	1980 - 2027
Croatia (%)	2.800 2028	yearly	1993 - 2028
Cyprus (%)	2.983 2029	yearly	1980 - 2029
Czech Republic (%)	2.501 2027	yearly	1996 - 2027
Democratic Republic of Congo (%)	6.482 2028	yearly	1980 - 2028
Denmark (%)	1.800 2027	yearly	1980 - 2027
Djibouti (%)	5.000 2028	yearly	1992 - 2028
Dominica (%)	2.685 2028	yearly	1980 - 2028
Dominican Republic (%)	4.985 2028	yearly	1980 - 2028
Ecuador (%)	2.751 2028	yearly	1980 - 2028
Egypt (%)	5.984 2028	yearly	1980 - 2028
El Salvador (%)	1.965 2027	yearly	1980 - 2027
Equatorial Guinea (%)	-0.981 2027	yearly	1980 - 2027
Eritrea (%)	2.925 2028	yearly	1993 - 2028
Estonia (%)	3.300 2027	yearly	1994 - 2027
Swaziland (%)	2.278 2027	yearly	1980 - 2027
Ethiopia (%)	6.953 2028	yearly	1980 - 2028
Fiji (%)	3.459 2028	yearly	1980 - 2028
Finland (%)	1.519 2029	yearly	1980 - 2029
France (%)	1.450 2028	yearly	1980 - 2028
Gabon (%)	3.809 2027	yearly	1981 - 2027
Gambia (%)	5.000 2027	yearly	1980 - 2027
Georgia (%)	5.198 2028	yearly	1995 - 2028
Germany (%)	1.134 2028	yearly	1980 - 2028
Ghana (%)	6.774 2027	yearly	1980 - 2027
Greece (%)	1.355 2027	yearly	1980 - 2027
Grenada (%)	2.849 2027	yearly	1980 - 2027
Guatemala (%)	3.900 2028	yearly	1980 - 2028
Guinea (%)	5.187 2027	yearly	1980 - 2027
Guinea-Bissau (%)	5.000 2027	yearly	1981 - 2027
Guyana (%)	3.320 2027	yearly	1980 - 2027
Haiti (%)	1.500 2027	yearly	1980 - 2027
Honduras (%)	3.940 2027	yearly	1980 - 2027
Hong Kong SAR, China (%)	2.849 2027	yearly	1980 - 2027
Hungary (%)	3.150 2027	yearly	1980 - 2027
Iceland (%)	2.432 2029	yearly	1980 - 2029
India (%)	6.042 2029	yearly	1981 - 2029
Indonesia (%)	5.117 2027	yearly	1980 - 2027
Iran (%)	2.047 2029	yearly	1981 - 2029
Iraq (%)	2.625 2027	yearly	1999 - 2027
Ireland (%)	3.010 2027	yearly	1980 - 2027
Israel (%)	3.499 2027	yearly	1980 - 2027
Italy (%)	0.882 2028	yearly	1980 - 2028
Ivory Coast (%)	6.000 2028	yearly	1980 - 2028
Jamaica (%)	1.600 2027	yearly	1980 - 2027
Japan (%)	0.409 2028	yearly	1980 - 2028
Jordan (%)	3.300 2027	yearly	1980 - 2027
Kazakhstan (%)	2.778 2028	yearly	1993 - 2028
Kenya (%)	5.516 2027	yearly	1980 - 2027
Kiribati (%)	1.971 2027	yearly	1980 - 2027
South Korea (%)	2.340 2027	yearly	1980 - 2027
Kosovo (%)	3.800 2029	yearly	2001 - 2029
Kuwait (%)	2.655 2027	yearly	1980 - 2027
Kyrgyzstan (%)	3.977 2028	yearly	1993 - 2028
Laos (%)	4.496 2028	yearly	1980 - 2028
Latvia (%)	3.377 2027	yearly	1993 - 2027
Lebanon (%)	-22.000 2020	yearly	1980 - 2020
Lesotho (%)	2.084 2030	yearly	1981 - 2030
Liberia (%)	5.680 2027	yearly	2001 - 2027
Libya (%)	3.588 2027	yearly	1980 - 2027

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Cape Verde Key Series

Government and Public Finance	Last	Frequency	Range
Forecast: Government Expenditure (CVE bn)	97.798 2029	yearly	1994 - 2029
Forecast: Government Net Debt (CVE bn)	329.025 2029	yearly	1997 - 2029
Forecast: Government Revenue (CVE bn)	96.470 2029	yearly	1994 - 2029

Foreign Trade	Last	Frequency	Range
Forecast: Exports of Goods Growth (%)	12.859 2028	yearly	1980 - 2028
Aluminum: Exports (USD th)	0.070 2023	yearly	1998 - 2023
Exports: Medicament (USD th)	0.971 2023	yearly	1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th)	1.010 2023	yearly	1995 - 2023
Imports: Medicament (USD th)	8,457.399 2023	yearly	1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th)	2,632.311 2023	yearly	1995 - 2023
Export Volume Index (2015=100)	73.037 2021	yearly	1980 - 2021
Import Value Index (2015=100)	132.504 2021	yearly	1980 - 2021
Export Value Index (2015=100)	80.866 2021	yearly	1980 - 2021
Import Volume Index (2015=100)	114.516 2021	yearly	1980 - 2021

Balance of Payments	Last	Frequency	Range
Forecast: Current Account Balance (USD bn)	-0.121 2029	yearly	1980 - 2029

More Indicators for Cape Verde

Indicators	Last	Frequency	Range
Cape Verde CV: Deposit Money Banks: Claims on Nonbank Financial Institutions (CVE mn)	0.24 2008	yearly	1995 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Claims on Other Financial Corpora... (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: MFSM 2000: Claims on Other Sectors (CVE mn)	115,334.13 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Demand Deposits (CVE mn)	35,925.67 2008	yearly	1976 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Transferable Deposits included in... (CVE mn)	76,277.30 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Time, Savings, and Foreign Currency Deposits (CVE mn)	57,144.56 2008	yearly	1976 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Other Deposits included in Broad ... (CVE mn)	95,460.68 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: MFSM 2000: Securities Other Than Shares incl... (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Money Market Instruments (CVE mn)	0.00 2008	yearly	2001 - 2008
Cape Verde CV: Deposit Money Banks: Restricted Deposits (CVE mn)	369.02 2008	yearly	1993 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Deposits excluded from Broad Mone... (CVE mn)	507.44 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Foreign Liabilities (CVE mn)	7,922.33 2008	yearly	1993 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Liabilities to Nonresidents (CVE mn)	24,994.09 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Central Government Deposits (CVE mn)	3,581.85 2008	yearly	1976 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Liabilities to Central Government (CVE mn)	13,270.18 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Credit From Monetary Authorities (CVE mn)	0.00 2008	yearly	1976 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Liabilities to Central Bank (CVE mn)	51.70 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Liabilities to Nonbank Financial Institution... (CVE mn)	1,073.33 2008	yearly	1993 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Loans (CVE mn)	1,063.07 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: MFSM 2000: Financial Derivatives (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: MFSM 2000: Insurance Technical Reserves (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: MFSM 2000: Securities Other Than Shares excl... (CVE mn)	1,250.00 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Capital Accounts (CVE mn)	9,275.55 2008	yearly	1976 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Shares and Other Equity (CVE mn)	15,609.98 2017	yearly	2001 - 2017
Cape Verde CV: Deposit Money Banks: Other Items: Net (CVE mn)	3,184.49 2008	yearly	1976 - 2008
Cape Verde CV: Deposit Money Banks: MFSM 2000: Other Items: Net (CVE mn)	6,723.05 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Nonresidents (CVE mn)	86,745.61 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Foreign Assets: Net (CVE mn)	28,990.98 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Foreign Assets: Net (CVE mn)	60,227.32 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Domestic Credit (CVE mn)	91,381.04 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Domestic Claims (CVE mn)	148,765.94 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Central Government (CVE mn)	49,316.18 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Claims on Central Government: Net (CVE mn)	19,530.38 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Central Government: Net (CVE mn)	32,478.89 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Claims on State and Local Government (CVE mn)	771.61 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on State and Local Government (CVE mn)	3,440.45 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Claims on Nonfinancial Public Enterprises (CVE mn)	636.10 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Nonfinancial Public Corpora... (CVE mn)	4,588.06 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Claims on Private Sector (CVE mn)	70,442.68 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Private Sector (CVE mn)	108,207.17 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Claims on Nonbank Financial Institutions (CVE mn)	0.26 2008	yearly	1995 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Other Financial Corporation... (CVE mn)	51.36 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Claims on Other Sectors (CVE mn)	116,287.05 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Money (CVE mn)	44,638.36 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Transferable Deposits (CVE mn)	76,289.20 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Money: Seasonally Adjusted (CVE mn)	43,912.76 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Currency Outside Depository Corporati... (CVE mn)	9,341.64 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Quasi Money (CVE mn)	57,145.12 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Other Deposits (CVE mn)	95,460.68 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Money Plus Quasi Money (CVE mn)	101,783.49 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Broad Money Liabilities (CVE mn)	181,091.52 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Broad Money Liabilities: Seasonally A... (CVE mn)	179,213.94 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Securities Other Than Shares (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Money Market Instruments (CVE mn)	0.00 2008	yearly	2001 - 2008
Cape Verde CV: Monetary Survey: Liabilities of Central Bank: Securities (CVE mn)	0.00 2008	yearly	2001 - 2008
Cape Verde CV: Monetary Survey: Restricted Deposits (CVE mn)	369.02 2008	yearly	1993 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Deposits excluded from Broad Money (CVE mn)	507.44 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Liabilities to Nonresidents (CVE mn)	26,518.29 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Liabilities to Central Government (CVE mn)	16,837.29 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Liabilities to Nonbank Financial Institutions (CVE mn)	1,073.33 2008	yearly	1993 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Loans (CVE mn)	1,081.03 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Financial Derivatives (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Insurance Technical Reserves (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: MFSM 2000: Securities Other Than Shares excluded... (CVE mn)	1,250.00 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Capital Accounts (CVE mn)	10,219.57 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Shares and Other Equity (CVE mn)	13,517.50 2017	yearly	2001 - 2017
Cape Verde CV: Monetary Survey: Other Items: Net (CVE mn)	6,926.61 2008	yearly	1976 - 2008
Cape Verde CV: Monetary Survey: MFSM 2000: Other Items: Net (CVE mn)	11,545.82 2017	yearly	2001 - 2017
Cape Verde CV: Money Supply: Broad Money (CVE mn)	181,091.52 2017	yearly	2001 - 2017
Cape Verde CV: Money Supply: Currency Issued by Central Government (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Money Supply: Deposits in Nonfinancial Corporation (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Money Supply: Securities Issued by Central Government (CVE mn)	0.00 2017	yearly	2001 - 2017
Cape Verde CV: Money Supply: M1 (CVE mn)	63,516.38 2016	yearly	1995 - 2016
Cape Verde CV: Money Supply: M2 (CVE mn)	167,509.63 2016	yearly	1995 - 2016
Cape Verde CV: Central Bank Policy Rate: End of Period (% pa)	1.50 2017	yearly	2013 - 2017
Cape Verde CV: Treasury Bill Rate: Government Securities (% pa)	0.63 2017	yearly	1999 - 2017
Cape Verde CV: Deposit Rate (% pa)	2.53 2017	yearly	2007 - 2017
Cape Verde CV: Lending Rate (% pa)	9.49 2017	yearly	2007 - 2017
Cape Verde CV: Consumer Price Index (2010=100)	107.93 2017	yearly	1983 - 2017
Cape Verde CV: Consumer Price Index (CPI): % Change (%)	0.78 2017	yearly	1984 - 2017
Cape Verde CV: Exports: fob: Local Currency (CVE mn)	5,962.00 2016	yearly	1948 - 2016
Cape Verde CV: Exports: fob: USD (USD mn)	59.81 2016	yearly	1950 - 2016
Cape Verde CV: Imports: cif: Local Currency (CVE mn)	66,384.00 2016	yearly	1948 - 2016
Cape Verde CV: Imports: cif: USD (USD mn)	665.92 2016	yearly	1950 - 2016
Cape Verde CV: GDP: Exports of Goods and Services (CVE mn)	73,658.34 2016	yearly	1970 - 2016
Cape Verde CV: GDP: Government Consumption Expenditure (CVE mn)	43,274.08 2016	yearly	1970 - 2016
Cape Verde CV: GDP: Gross Fixed Capital Formation (CVE mn)	60,507.23 2016	yearly	1970 - 2016
Cape Verde CV: GDP: Changes in Inventories (CVE mn)	0.00 2016	yearly	1970 - 2016
Cape Verde CV: GDP: Private Consumption Expenditure (CVE mn)	90,087.68 2016	yearly	1970 - 2016
Cape Verde CV: GDP: Imports of Goods and Services (CVE mn)	104,145.94 2016	yearly	1970 - 2016
Cape Verde CV: Gross Domestic Product (GDP) (CVE mn)	163,381.39 2016	yearly	1970 - 2016
Cape Verde CV: Population: Midyear Estimates (Person mn)	0.54 2016	yearly	1950 - 2016
Cape Verde CV: Exports: fob: Emerging and Developing Economies: Europe: Emerging... (USD mn)	0.00 2012	yearly	2011 - 2012
Cape Verde CV: Exports: fob: Emerging and Developing Economies: Export Earnings:... (USD mn)	0.45 2017	yearly	1976 - 2017
Cape Verde CV: Exports: fob: Emerging and Developing Economies: Export Earnings:... (USD mn)	81.89 2017	yearly	1970 - 2017
Cape Verde CV: Exports: fob: Advanced Economies (USD mn)	79.05 2017	yearly	1970 - 2017
Cape Verde CV: Exports: fob: Emerging and Developing Economies (USD mn)	1.80 2017	yearly	1970 - 2017
Cape Verde CV: Exports: fob: Emerging and Developing Economies: Western Hemisphe... (USD mn)	0.08 2017	yearly	1987 - 2017
Cape Verde CV: Exports: fob: Emerging and Developing Economies: Middle East (USD mn)	0.44 2017	yearly	1988 - 2017
Cape Verde CV: Exports: fob: Emerging and Developing Economies: Emerging and Dev... (USD mn)	0.00 2017	yearly	1990 - 2017

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