Cape Verde

Cape Verde Economic Outlook

  • Cape Verde remains a model for political rights and civil liberties in Africa, and its economic governance is sound despite unfavourable external factors and rising public debt levels.
  • However, the country’s economic performance continues to be undermined by the economic and financial crisis around the globe, and in the euro area in particular.
  • High unemployment, persistent inequality and rising living costs could lead to social instability.

Contacts

Bureau régional du Sénégal

Groupe de la Banque africaine de développement
Immeuble Coumba, 2eme étage
Route de Ngor, Zone 12
Les Almadies
BP 50544 - CP 18524 RP
Dakar, Sénégal

Tél : +221 338200888/338697544
Fax : +221 338200999

M. Mamadou Lamine Ndongo, Représentant Résident

Department West Africa Region

Mr. Franck Perrault, Director West Africa Region

African Development Bank Group
24ème  Etage, Immeuble  CCIA, Plateau
01 Boite Postale 1387 Abidjan 01
Côte d’Ivoire

Phone: (+225) 20 20 40 46





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Key Facts

Flag:
Capital: Praia
Area: 4,033 sq km
Total Population 2012: 0.5 Million
Urban Population 2012: 62.47%
Female Population 2012: 50.35%
GDP: US$ 1.8 Billion
GNI Per Capita 2012: US$ 3,540
Inflation Rate: 2.50%
Crude Birth Rate (per 1000): 19.98%
Human Development Index (rank / 187): 132
Human Development Index (scale 0 to 1): 0.586
Membership Date: 15/04/1976
Cumulative Approvals (1967-2012): UA 267.8 Million

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