Cape Verde

Africa · Cape Verdean escudo (CVE) · 527,300 people

Inflation

0.8%

▲ 0.5 pt since July · Aug 2026

Interest rate

2.50%

No change since Mar 2025

GDP per person

US$5,796

2025

Inflation and the interest rate

Inflation was 0.8% in Aug 2026, up from 0.4% in July. The interest rate has been 2.50% since Mar 2025.

Monthly, consumer prices year on year.

Exchange rates

Closing rates on 16 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2024

CVE 15,000 a month

about US$153

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$12,200

Population

2025

527,300

▲ 0.5% vs 2024

Prices in Cape Verde

Subscription prices here, with tax, compared with other countries.

Sources and method

Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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