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25 May 2013
   
 
 
Article by: Motshabi Hoaeane

Cape Verde


Capital city: Praia
Languages: Portuguese (official); Kabuverdianu, Crioulu (other)
 

Economic profile
Monetary unit:
Cape Verdean escudo (1CVEsc = $0.01106)1
GDP per capita: $4 7892
GDP composition by sector:
Agriculture: 8.4%3
Industry: 15.7%3
Services: 75.9%3
GDP growth rate: 5%4
Consumer price inflation: 4.5%5
Industries: Food and beverages, fish processing, shoes and garments, salt mining, ship repair3
Exports of goods and nonfactor services: Yellowfin tunas (thunnus albacores) (20.2%); fish, whole or in pieces, but not minced (19.6%); mackerel (12%)6
Import commodities: Foodstuffs, industrial products, transport equipment, fuels3
Reserves (excluding gold, in million dollars): 278.27
Foreign direct investment (in million dollars): 1118


Budget
Government revenue, including grants (as percentage of GDP): 26.6%9
Government expenditure and net lending: 37.4%9
 

Social profile
Population (in thousands): 50110
Population growth: 1.%10

Life expectancy at birth(in years): 74.211
Adult literacy (people over 15): 84.8%12
School enrolment primary (total gross enrolment): 109.6%13
School enrolment secondary (total gross enrolment): 87.5%13
School enrolment tertiary: 18%14
Unemployment: 21%3
Number of people living with HIV/Aids: (figures not available)15
 

1 http:// www.exchangerate.com
2 African Economic Outlook. Basic indicators (2011).
3 Central Intelligence Agency. World Factbook: Economy (2011).
4 African Economic Outlook. Real GDP growth rates (2011).
5 African Economic Outlook. Monetary indicators: inflation (2011).
6 African Economic Outlook. Exports (2010).
7 African Economic Outlook. Monetary indicators: reserves (2011).
8 African Economic Outlook. Foreign direct investment (2010).
9 African Economic Outlook. Public finances (2011).
10 African Economic Outlook. Demographic indicators (2010).
11 African Economic Outlook. Basic health indicators (2011).
12 African Economic Outlook. Basic education indicators (2009).
13 African Economic Outlook. School enrolment (2011).
14 World Bank. School enrolment tertiary (2010 to 2011).
15 African Economic Outlook. Major diseases (2009).

Edited by: Creamer Media Reporter
 
 
 
 
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