Trade Monitoring

Information on Cape Verde

BASIC INFORMATION

Name REPUBLIC OF CABO VERDE
Governance DEMOCRACY
Capital CITY PRAIA
Population 0.54 MILLION
Official language (s) PORTUGUESE
Human Development Index 0.648
Time Zone CVT (UTC-1)) (GMT-1)

 

Main Port PORT OF PRAIA
Income Group LOWER MIDDLE INCOME
UNEMPLOYMENT RATE (%) 15.00
YOUTH UNEMPLOYEMENT RATE (%) 41

 

 

NATIONAL MINISTRY RESPONSIBLE FOR TRADE

Name of Ministry
Address
CONTACT (TEL, FAX, E-MAIL)
WEBSITE

 

 

NATIONAL TRADE PROFILE

UNIT CURRENCY CAPE VERDEAN ESCUDO (CVE)
EASE OF DOING BUSINESS RANKING (With link) 127
MAIN IMPORT COMMODITY (%) MINERAL FUELS (8.9%); MACHINERY (8.2%)
MAIN EXPORT COMMODITY (%) MEAT FISH (43%); FISH, CRUSTACEANS (38%)
MAIN EXPORT PARTNERS (%) EUROPE (66%); AMERICAS (15%)
MAIN IMPORT PARTNERS (%) EUROPE (79%); ASIA (11%)
SHARE OF INTRA REGIONAL TRADE (%) 0.1
SHARE OF GLOBAL TRADE (%)
GDP GROWTH (ANNUAL %) 4.9
GDP PER CAPITA 2738 USD
SYSTEM OF TRADE GENERAL TRADE SYSTEM
CORPORATE TAX RATE (%) 25.00
LENDING CATEGORY BLEND
PERSONAL INCOME TAX RATE (%) 20.00
INFLATION (%) 0.8
Balance of trade -7337 (CVE MILLION)
Current account -744.72 (USD MILLION)
Interest rate (%) 5.5

 

 

RELEVANT NATIONAL TRADE AND RELATED LINKS

National Trade Website
Customs
Statistics
Central Bank
Immigration