Statistical data (Cape Verde)
Statistical data (Cape Verde)
Main Economic Indicators of recent three years
| 2021 | 2022 | 2023 | |
| Population (million) | 0.56 | 0.57 | 0.58 |
| GDP (US$ billion) | 2 | 2.25 | 2.52 |
| Real GDP Growth Rate (%) | 5.6 | 17.1 | 4.8 |
|
Total Export of Goods (US$ million) |
55 | 48 | 54 |
|
Total Import of Goods (US$ million) |
821 | 910 | 980 |
| Total Export of Services (US$ million) | 287* | 574* | – |
| Total Import of Services (US$ million) | 229* | 246* | – |
| Inflation measured by the Consumer Price Index (Annual Inflation rate%) | 1.9 | 7.9 | 3.1 |
| Current Account Balance (US$ billion) | -0.244 | -0.076 | -0.133 |
Source: * Data from World Trade Organization (WTO) and the others from International Monetary Fund (IMF)
Main export and import goods destinations
| Main Export Destinations (2021) | Proportion of Total Value of Exports of Goods (%) |
| Spain | 62.8 |
| Portugal | 12.1 |
| Italy | 9.3 |
| United States | 5.1 |
| Others | 10.7 |
| Main source of import (2021) | Proportion in total imports of goods (%) |
| Portugal | 41.4 |
| The Netherlands | 10.4 |
| Argentina | 9.4 |
| Spain | 7.3 |
| Others | 31.5 |
Source: International Monetary Fund (IMF)
Main export and import goods
| Major export goods (2021) | Proportion in total exports of goods (%) |
| Preparation of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates | 78.0 |
| Articles of apparel and clothing accessories knitted or crocheted | 7.1 |
| Footwear, gaiters and the like; parts of such articles | 6.1 |
| Food industry residues & waste; prepared animal feed | 3.5 |
| Others | 5.3 |
| Major import goods (2021) | Proportion in total imports of goods (%) |
| Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 12.5 |
| Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof | 7.6 |
| Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof | 7.1 |
| 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 | 6.9 |
| Others | 65.9 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
| Main Export of Services (2021) | Proportion in total exports of services (%) |
| Tourism | 51.1 |
| Transport | 17.0 |
| Other business services | 12.1 |
| Other | 19.8 |
| Main Import of Services (2021) | Proportion in total imports of services (%) |
| Transport | 34.1 |
| Tourism | 24.5 |
| Other business service | 15.7 |
| Other | 25.7 |
Remarks：The above content is the estimated data of UNCTAD, WTO and ITC.
Source：International Trade Centre (ITC)
Statistics on the Trade of Goods between Mainland China and Cape Verde of recent three years (US$ thousands)
| Year | Total Trade | Total Exports Value | Total Imports Value |
| 2023 | 103,297 | 103,225 | 72 |
| 2022 | 92,985 | 92,965 | 20 |
| 2021 | 85,685 | 84,538 | 1,147 |
Remarks: “Exports” refers of goods exported to Cape Verde from Mainland China; “Imports” refers 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
- “2022 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- Macao Statistics and Census Service
- International Monetary Fund (IMF)
- World Trade Organization (WTO)
- International Trade Center (ITC)
- “2023 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
Updated in June 2024.