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Cape Verde

Economic Growth

-14.78
the rate of change of real GDP
Source: IMF

Global Ranking

173
Monaco-11.75
174
Andorra-11.95
175
Grenada-13.71
176
Belize-14.01
177
Bahamas-14.51
178
Cape Verde-14.78
179
Mauritius-14.89
180
Montenegro-15.31
181
Iraq-15.67
182
Fiji-15.71
183
Suriname-15.91

Africa Ranking

45
Botswana-8.49
46
Namibia-8.5
47
Tunisia-9.18
48
Lesotho-9.61
49
Seychelles-10.77
50
Cape Verde-14.78
51
Mauritius-14.89
52
Libya-31.3

Definition of Economic Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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