Imports$980.5 million (2011 est.)
Exports$191.4 million (2011 est.)
Inflation rate (consumer prices)4.5% (2011 est.)
Unemployment rate21% (2000 est.)
GDP - per capita (PPP)$4,000 (2011 est.)
National product real growth rate4.5% (2010 est.)
Internet users150,000 (2009)
Telephones - mobile cellular371,900 (2009)
Population growth rate1.428% (2012 est.)
Population523,568 (July 2012 est.)
The uninhabited islands were discovered and colonized by the Portuguese in the 15th century; Cape Verde subsequently became a trading center for African slaves and later an important coaling and resupply stop for whaling and transatlantic shipping.
Following independence in 1975, and a tentative interest in unification with Guinea-Bissau, a one-party system was established and maintained until multi-party elections were held in 1990.
Cape Verde continues to exhibit one of Africa's most stable democratic governments....
This island economy suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought and poor soil for agriculture on several of the islands.
The economy is service oriented with commerce, transport, tourism, and public services accounting for about three-fourths of GDP.
Although nearly 70% of the population lives in rural areas, the share of food production in GDP is low....
This report contains detailed forecasts and analysis for Cape Verde, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
GDP growth is forecast to accelerate to 3% in 2015 from 1% in 2014 as stronger European demand, particularly in Spain and Portugal, helps lift exports and tourism. A modest pick-up to 4% a year is expected ...
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