Services share of GDP — all countries

Services share of GDP — Cabo Verde

Services share of GDP in Cabo Verde in 2025 — 67.9%. Ranked 21 in the world out of 158. Since 1980, the indicator has risen by 3.4 pp.

2025 67.9% −0.9 pp vs 2024
World rank 21of 158
Period maximum 72.6%2006
Period minimum 55.5%1990

Trend over time

1980–2025 · % of GDP

Services share of GDP — Cabo Verde, 1980–2025556065707519801985199019952000200520102015202020251980: 64.5%1981: 66.9%1982: 71.6%1983: 70.7%1984: 70.5%1985: 69%1986: 68.5%1987: 63.6%1988: 63%1989: 63%1990: 55.5%1991: 56.3%1992: 55.8%1993: 67.3%1994: 56.6%1995: 58%1996: 58.6%1997: 62.1%1998: 62.7%1999: 63%2000: 65.4%2001: 69.4%2002: 70.6%2003: 71.3%2004: 71.9%2005: 71.8%2006: 72.6%2007: 67.3%2008: 66.5%2009: 66.7%2010: 67.4%2011: 67.3%2012: 68.7%2013: 68%2014: 67.5%2015: 67.2%2016: 69.3%2017: 69.6%2018: 67.4%2019: 69.8%2020: 66%2021: 68.5%2022: 69%2023: 68.9%2024: 68.8%2025: 67.9%
Change over the period: +3.4 pp Annual average: 0.08 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde 67.9%
World computed 59.9%
Western Africa computed 50.1%
Services share of GDP — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2025 67.9 −0.9 pp
2024 68.8 −0.1 pp
2023 68.9 −0.1 pp
2022 69 +0.5 pp
2021 68.5 +2.6 pp
2020 66 −3.8 pp
2019 69.8 +2.4 pp
2018 67.4 −2.2 pp
2017 69.6 +0.3 pp
2016 69.3 +2.1 pp
2015 67.2 −0.4 pp
2014 67.5 −0.5 pp
2013 68 −0.6 pp
2012 68.7 +1.4 pp
2011 67.3 −0.2 pp
2010 67.4 +0.7 pp
2009 66.7 +0.2 pp
2008 66.5 −0.8 pp
2007 67.3 −5.3 pp
2006 72.6 +0.8 pp
2005 71.8 −0.1 pp
2004 71.9 +0.6 pp
2003 71.3 +0.7 pp
2002 70.6 +1.2 pp
2001 69.4 +4 pp
2000 65.4 +2.4 pp
1999 63 +0.3 pp
1998 62.7 +0.6 pp
1997 62.1 +3.5 pp
1996 58.6 +0.6 pp
1995 58 +1.4 pp
1994 56.6 −10.8 pp
1993 67.3 +11.5 pp
1992 55.8 −0.5 pp
1991 56.3 +0.7 pp
1990 55.5 −7.5 pp
1989 63 +0 pp
1988 63 −0.6 pp
1987 63.6 −4.9 pp
1986 68.5 −0.5 pp
1985 69 −1.5 pp
1984 70.5 −0.1 pp
1983 70.7 −0.9 pp
1982 71.6 +4.7 pp
1981 66.9 +2.4 pp
1980 64.5

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

Source: World Development Indicators (World Bank), license CC BY 4.0.