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Cape Verde Real GDPCape Verde Real GDPCape Verde Real GDP

Cape Verde Real GDP

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CVGDPCP chart



Key data points


Last release
—
Observation period
Q1 2025
Next release
—
Forecast
—
Highest
‪62.34 B‬ CVE on Dec 31, 2024
Lowest
‪33.83 B‬ CVE on Jun 30, 2020

About Cape Verde Real GDP


Category
GDP
Source
INE
Frequency
Quarterly
Units
CVE

Cabo Verde in figures — see more economic indicators tied to CVGDPCP.
GDP
CVGDP
GDP From Agriculture
CVGDPA
GDP From Construction
CVGDPC
Real GDP
CVGDPCP
GDP From Manufacturing
CVGDPMAN
GDP From Mining
CVGDPMIN
GDP From Public Administration
CVGDPPA
GDP Per Capita
CVGDPPC
GDP Per Capita PPP
CVGDPPCP
GDP Growth Rate
CVGDPQQ
GDP From Services
CVGDPS
GDP From Transport
CVGDPT
GDP From Utilities
CVGDPU
GDP Growth
CVGDPYY
Gross Fixed Capital Formation
CVGFCF

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Cape Verde Real GDP was 60.5 B CVE, and the quarter before it reached 62.34 B CVE.