Statistical data (Cape Verde)
Economic Indicators
| 2019(a) | 2020(a) | 2021(b) | 2022(c) | |
| Population (thousand) | 550 | 556.0 | 562.0 | – |
| GDP (US$ million) | 1,981.8 | 1,703.7 | 1,824.4 | – |
| Real GDP growth rate (%) | 5.7 | -14.8 | 4.5 | 5.3 |
| Total exports (US$ million) | 265.7 | 128.7 | 143.5 | – |
| Total imports (US$ million) | -928.7 | -788.1 | -869.4 | – |
| Consumer Price Index (%) | 1.1 | 0.6 | 1.0 | 1.5 |
| Current account balance (US$ million) | 0.1 | -273.8 | -326.8 | – |
| Exchange rate (Escudo CVE : USD) | 98.5 | 96.8 | 92.4 | – |
Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU); (c) estimates of Economist Intelligence Unit (EIU).
Source: Country Report Q4 2021 (Cape Verde) by the British Economist Intelligence Unit
Main export and import goods destinations
| Main export destinations (2020) | Proportion in total exports of goods (%) |
| Spain | 68.4 |
| Portugal | 9.7 |
| Italy | 8.4 |
| USA | 5.0 |
| Others | 8.5 |
| Main source of import (2020) | Proportion in total imports of goods (%) |
| Portugal | 42.9 |
| Spain | 11.2 |
| China | 9.7 |
| The Netherlands | 8.2 |
| Others | 28.0 |
Source: International Trade Center (ITC)
Main export and import goods
| Major export goods (2020) | Proportion in total exports of goods (%) |
| Preparation of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 48.9 |
| Fish and crustaceans, mollucks and other aquatic invertebrates | 26.7 |
| Articles of apparel and clothing accessories knitted or crocheted. | 3.1 |
| Footwear, gaiters and the like; parts of such articles | 2.7 |
| Others | 18.6 |
| Major import goods (2020) | Proportion in total imports of goods (%) |
| Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 14.0 |
| Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof | 10.9 |
| Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 7.4 |
| Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles | 6.3 |
| Others | 61.4 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
| Main Export of Services (2020) | Proportion in total exports of services (%) |
| Tourism | 549 |
| Transportation | 18.3 |
| Other business services | 9.6 |
| Other | 17.2 |
| Main Import of Services (2020) | Proportion in total imports of services (%) |
| Transportation | 27.9 |
| Other Business Service | 24.8 |
| Tourism | 23.7 |
| Other | 23.6 |
Remarks：The above content is the estimated data of UNCTAD, WTO and ITC.
Source：International Trade Centre (ITC)
Statistics on the trade in goods between Mainland China and Cape Verde (US$ 10,000)
| Year | Total trade | Total exports value * | Total imports value ** |
| 2020 | 7,899.9 | 7,778.9 | 0.1 |
| 2019 | 6,420.9 | 6,418.1 | 2.9 |
| 2018 | 7,856.0 | 7,827.0 | 29.0 |
| 2017 | 6,922.9 | 6,922.1 | 0.8 |
| 2016 | 4,870.2 | 4,861.9 | 8.3 |
Remarks: * Value of goods exported to Cape Verde from Mainland China; **Value of goods imported from Cape Verde to Mainland China
Source: General Administration of Customs of the People’s Republic of China
Sources:
- Country (region) guide for foreign investment co-operation (Cape Verde) by the Ministry of Commerce of the People’s Republic of China
- “2020 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China
- General Administration of Customs of the People’s Republic of China
- International Trade Center (ITC)
- SinoMaps Press
- Country Report Q4 2021 (Cabo Verde) by the British Economist Intelligence Unit
- 2021 World Investment Report by the UNCTAD
Updated in October 2021.
