Services value added — all countries

Services value added — Cabo Verde

Services value added in Cabo Verde in 2025 — 2,076,072,145 US$. Ranked 141 in the world out of 158. Since 1980, the indicator has risen by 2,163.5%.

2025 2.08B US$ +11.14% vs 2024
World rank 141of 158
Period maximum 2.08B US$2025
Period minimum 91.72M US$1980

Trend over time

1980–2025 · US$

Services value added — Cabo Verde, 1980–202501B2B3B19801985199019952000200520102015202020251980: 91,720,613 US$1981: 93,269,906 US$1982: 100,706,474 US$1983: 97,855,486 US$1984: 93,125,518 US$1985: 95,069,088 US$1986: 130,689,923 US$1987: 149,737,383 US$1988: 166,513,882 US$1989: 168,576,478 US$1990: 170,458,777 US$1991: 180,000,639 US$1992: 199,382,347 US$1993: 330,225,657 US$1994: 230,050,887 US$1995: 282,669,675 US$1996: 294,263,819 US$1997: 304,726,826 US$1998: 327,106,643 US$1999: 373,101,599 US$2000: 352,552,329 US$2001: 390,898,334 US$2002: 438,047,284 US$2003: 580,101,177 US$2004: 665,202,510 US$2005: 697,950,277 US$2006: 803,975,153 US$2007: 1,110,483,471 US$2008: 1,302,805,628 US$2009: 1,235,698,925 US$2010: 1,230,594,324 US$2011: 1,376,517,247 US$2012: 1,313,671,711 US$2013: 1,380,496,927 US$2014: 1,379,321,475 US$2015: 1,175,073,014 US$2016: 1,281,623,986 US$2017: 1,389,873,896 US$2018: 1,486,877,898 US$2019: 1,572,599,315 US$2020: 1,201,931,225 US$2021: 1,406,326,296 US$2022: 1,550,554,759 US$2023: 1,725,293,017 US$2024: 1,867,961,966 US$2025: 2,076,072,145 US$
Change over the period: +1.98B (+2,163.47%) Average annual rate: 7.18 %

Comparison, 2025

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

Cabo Verde 2.08B US$
World computed 46.11T US$
Sub-Saharan Africa 1.11T US$
Western Africa computed 360B US$
Lower-middle-income countries computed 4.42T US$
Services value added — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year US$ Change Change, %
2025 2.08B +208M +11.14%
2024 1.87B +143M +8.27%
2023 1.73B +175M +11.27%
2022 1.55B +144M +10.26%
2021 1.41B +204M +17.01%
2020 1.2B −371M −23.57%
2019 1.57B +85.72M +5.77%
2018 1.49B +97M +6.98%
2017 1.39B +108M +8.45%
2016 1.28B +107M +9.07%
2015 1.18B −204M −14.81%
2014 1.38B −1.18M −0.09%
2013 1.38B +66.83M +5.09%
2012 1.31B −62.85M −4.57%
2011 1.38B +146M +11.86%
2010 1.23B −5.1M −0.41%
2009 1.24B −67.11M −5.15%
2008 1.3B +192M +17.32%
2007 1.11B +307M +38.12%
2006 804M +106M +15.19%
2005 698M +32.75M +4.92%
2004 665M +85.1M +14.67%
2003 580M +142M +32.43%
2002 438M +47.15M +12.06%
2001 391M +38.35M +10.88%
2000 353M −20.55M −5.51%
1999 373M +45.99M +14.06%
1998 327M +22.38M +7.34%
1997 305M +10.46M +3.56%
1996 294M +11.59M +4.1%
1995 283M +52.62M +22.87%
1994 230M −100M −30.34%
1993 330M +131M +65.62%
1992 199M +19.38M +10.77%
1991 180M +9.54M +5.6%
1990 170M +1.88M +1.12%
1989 169M +2.06M +1.24%
1988 167M +16.78M +11.2%
1987 150M +19.05M +14.57%
1986 131M +35.62M +37.47%
1985 95.07M +1.94M +2.09%
1984 93.13M −4.73M −4.83%
1983 97.86M −2.85M −2.83%
1982 101M +7.44M +7.97%
1981 93.27M +1.55M +1.69%
1980 91.72M

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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