GDP (Gross Domestic Product): Cabo Verde

Analysis# Cabo Verde GDP (Gross Domestic Product) Cabo Verde's GDP reached 3.138 USD billion in 2026, matching its all-time peak. This represents a remarkable 1,898.7% increase since 1980, when the island nation's economy stood at just 0.144 USD billion. The consistent upward trajectory reflects decades of economic development and structural growth across the archipelago's small but resilient economy. The period from 2020 to 2026 reveals steady recovery and expansion following the pandemic-induced contraction in 2020, when GDP fell to 1.829 USD billion. Year-over-year growth accelerated from 2023 onward, climbing from 2.501 USD billion to the current peak of 3.138 USD billion within three years. Cabo Verde's sustained growth momentum suggests continued economic strengthening driven by tourism, remittances, and strategic development initiatives.