The average inflation rate in Cabo Verde was forecast to remain on a similar level in 2029 as compared to 2024 with two percent. According to this forecast, the inflation will stay nearly the same over the forecast period. The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Gambia, Liberia, and Sierra Leone.
Cabo Verde: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
2%
2028*
2%
2027*
2%
2026*
2%
2025*
2%
2024*
2%
2023*
3.72%
2022
7.93%
2021
1.86%
2020
0.6%
2019
1.11%
2018
1.27%
2017
0.78%
2016
-1.44%
2015
0.14%
2014
-0.24%
2013
1.51%
2012
2.54%
2011
4.47%
2010
2.07%
2009
1%
2008
6.77%
2007
4.4%
2006
4.84%
2005
0.43%
2004
-1.89%
2003
1.19%
2002
1.92%
2001
3.67%
2000
-2.4%
1999
4.34%
1998
4.4%
1997
8.57%
1996
6.01%
1995
8.41%
1994
3.34%
1993
5.83%
1992
13.43%
1991
7.59%
1990
11.11%
1989
4.65%
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IMF. (October 22, 2024). Cabo Verde: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/727094/inflation-rate-in-cabo-verde/
IMF. "Cabo Verde: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/727094/inflation-rate-in-cabo-verde/
IMF. (2024). Cabo Verde: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/727094/inflation-rate-in-cabo-verde/
IMF. "Cabo Verde: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/727094/inflation-rate-in-cabo-verde/
IMF, Cabo Verde: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/727094/inflation-rate-in-cabo-verde/ (last visited November 21, 2024)
Cabo Verde: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/727094/inflation-rate-in-cabo-verde/