Cape Verde’s economy expanded by 6.3% in 2025, following a stronger 7.0% growth rate in 2024, according to data released by the National Statistics Institute of Cape Verde.
The figures confirm a solid performance overall, despite a slight deceleration compared to the previous year. The institute noted that the cumulative growth across all four quarters of 2025 reached 6.3% in real terms.
In the final quarter of the year, GDP grew by 7.1% year-on-year, driven mainly by manufacturing, transport, and public services.
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From a production perspective, Gross Value Added (GVA) increased by 7.0%, with most sectors contributing positively, although agriculture and construction recorded declines.
On the demand side, growth was supported by higher public consumption and increased exports of goods and services. Imports also rose, though at a slower pace, particularly in goods.
The statistics office also revised its previous estimate for 2024, adjusting GDP growth slightly down from 7.2% to 7.0%.
