Cabo Verde
Country statistics · 1990–present
Cabo Verde at a Glance
Cabo Verde is home to 524,877 people as of 2024, with a population that is growing steadily. At a GDP per capita of $8,090, it is a lower-middle-income economy — reflecting an economy in active development. Life expectancy at birth stands at 76.2 years, close to the global average.
Population Trends
The total resident population stood at 524,877 as of 2024. With a birth rate of 12.2 and a death rate of 5.1 per 1,000 people (2024), the natural growth rate stands at 7.1 per 1,000 — equivalent to roughly 4,000 additional residents each year from natural change alone.
Economy & Development
Cabo Verde is a small economy, with a total GDP that is projected at $4 billion (2029 IMF projection). At $8,090 per person, it is classified as a lower-middle-income economy — reflecting an economy in active development. Real GDP growth is projected at 5.1% in 2029, representing solid growth. The unemployment rate is projected at 8.5% (2029 IMF projection), indicating elevated unemployment.
Health & Society
Life expectancy at birth is 76.2 years (2024), close to the global average. Current health expenditure per person is $290 (2023), representing very low per-capita healthcare spending, a common constraint in lower-income economies. The adult literacy rate stands at 88.5% (2024), reflecting a majority-literate adult population. 74.7% of the population use the internet (2024), indicating strong digital connectivity.