Cabo Verde

Cabo Verde · CPV · Africa

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Cabo Verde is an archipelago nation off the West African coast, known for its stable democracy, growing tourism sector, and significant diaspora. Lacking natural resources, its economy relies heavily on services, particularly tourism, and remittances. The country has made progress in human development but remains vulnerable to external shocks and climate change.

Leadership

José Maria Neves

President

Government: Semi-Presidential Republic

Economy

GDP

$3.0B

GDP per Capita

$5.0K

GDP Growth

+5.0%

Inflation

2.5%

Unemployment

10.0%

Services (tourism, transport)Agriculture (limited)Fishing

Trade

Key Exports

Fish and seafoodClothingFootwearPrepared foods

Key Imports

FoodstuffsIndustrial productsFuelsMachinery and transport equipment

Top Partners

PortugalSpainNetherlandsUnited StatesChina

Headlines (8)

Lokmat Times20h ago

'Cabo Verde game was just a small bump in the road for Argentina': Sandesh Jhingan

The Straits Times20h ago

What Cape Verde can teach leaders about building winning organisations

Sports Illustrated1d ago

Argentina Predicted Lineup vs. Egypt: World Cup Round of 16

The Tribune1d ago

India names Sanjeev Jain as next envoy to North Korea

South China Morning Post1d ago

Cabo Verde wows at World Cup - with an economic assist from China

Forbes1d ago

How Cabo Verde Turned Recognition Into A World Cup Strategy