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Cabo Verde

Cabo Verde · CPV · Africa

25

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Cabo Verde is a stable island nation off the coast of West Africa, known for its democratic governance and growing tourism sector. Lacking significant natural resources, its economy relies heavily on services, remittances, and fishing, with a focus on sustainable development.

Leadership

José Maria Neves

President

GOVERNMENT: Semi-Presidential Republic

Ulisses Correia e Silva

Rui Figueiredo Soares

Olavo Correia

Economy

GDP

$3.0B

GDP per Capita

$5.0K

GDP Growth

+5.0%

Inflation

2.5%

Unemployment

10.0%

Services (tourism)FishingRemittancesLight manufacturing

Trade

Key Exports

Fish and seafoodClothingFootwearPrepared foods

Key Imports

FoodstuffsIndustrial productsFuelsMachinery

Top Partners

PortugalSpainNetherlandsUSA