Key Market Indicators
Revenue from Cabo Verde's passenger transport sector is projected to climb to approximately $73 million by 2028, up from around $63 million in 2023. This represents an annual growth rate of 2.4%. Since the turn of the millennium, Cabo Verde's market has experienced a significant annual growth rate of 14.5%. In the global ranking for 2023, Cabo Verde held the 49th position. Antigua and Barbuda surpassed Cabo Verde with revenues of about $63 million. Leading the rankings were Qatar, Ireland, and Russia, occupying the second, third, and fourth spots, respectively.
