ARCHIVE // CV // 2008
Cabo Verde
2008 Edition — sovereign
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Communications
Internet country code
[time series]
.cv
Internet users
(Internet hosts)
[time series]
20 (2008)
Internet users
[time series]
37,000 (2007)
Broadcast media
(Radio broadcast stations)
[time series]
AM 0, FM 22 (plus 12 repeaters), shortwave 0 (2001)
Telecommunication systems
(Telephone system)
[time series]
general assessment: effective system, extensive modernization from 1996-2000 following partial privatization in 1995 domestic: major service provider is Cabo Verde Telecom (CVT); fiber-optic ring, completed in 2001, links all islands providing Internet access and ISDN services; cellular service introduced in 1998; broadband services launched in 2004 international: country code - 238; landing point for the Atlantis-2 fiber-optic transatlantic telephone cable that provides links to South America, Senegal, and Europe; HF radiotelephone to Senegal and Guinea-Bissau; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
Telephones - fixed lines
(Telephones - main lines in use)
[time series]
71,600 (2006)
Telephones - mobile cellular
[time series]
148,000 (2007)
Broadcast media
(Television broadcast stations)
[time series]
1 (plus 7 repeaters) (2001)
Economy
Agricultural products
(Agriculture - products)
[time series]
bananas, corn, beans, sweet potatoes, sugarcane, coffee, peanuts; fish
Budget
[time series]
revenues: $436.1 million expenditures: $449.7 million (2007 est.)
Central bank discount rate
[time series]
8.5% (31 December 2007)
Commercial bank prime lending rate
[time series]
10.55% (31 December 2007)
Exchange rates
(Currency (code))
[time series]
Cape Verdean escudo (CVE)
Current account balance
[time series]
-$132.6 million (2007 est.)
Debt - external
[time series]
$325 million (2002)
Economic overview
(Economy - overview)
[time series]
This island economy suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought. 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. About 82% of food must be imported. The fishing potential, mostly lobster and tuna, is not fully exploited. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances supplement GDP by more than 20%. Economic reforms are aimed at developing the private sector and attracting foreign investment to diversify the economy. Future prospects depend heavily on the maintenance of aid flows, the encouragement of tourism, remittances, and the momentum of the government's development program. Cape Verde became a member of the WTO in July 2008.
Electricity - consumption
[time series]
43.71 million kWh (2006 est.)
Electricity - exports
[time series]
0 kWh (2007 est.)
Electricity - imports
[time series]
0 kWh (2007 est.)
Electricity - production
[time series]
47 million kWh (2006 est.)
Exchange rates
[time series]
Cape Verdean escudos (CVE) per US dollar - 81.235 (2007), 87.946 (2006), 88.67 (2005), 88.808 (2004), 97.703 (2003)
Exports
[time series]
$76.5 million f.o.b. (2007 est.)
Exports - commodities
[time series]
fuel, shoes, garments, fish, hides
Exports - partners
[time series]
Spain 37.2%, Portugal 29.9%, Morocco 7%, US 6.6% (2007)
GDP (official exchange rate)
[time series]
$1.428 billion (2007 est.)
Real GDP (purchasing power parity)
(GDP (purchasing power parity))
[time series]
$1.603 billion (2007 est.)
GDP - composition, by sector of origin
(GDP - composition by sector)
[time series]
agriculture: 9.3% industry: 16.7% services: 74% (2007 est.)
Real GDP per capita
(GDP - per capita (PPP))
[time series]
$3,200 (2007 est.)
Real GDP growth rate
(GDP - real growth rate)
[time series]
6.9% (2007 est.)
Household income or consumption by percentage share
[time series]
lowest 10%: NA% highest 10%: NA%
Imports
[time series]
$743.6 million f.o.b. (2007 est.)
Imports - commodities
[time series]
foodstuffs, industrial products, transport equipment, fuels
Imports - partners
[time series]
Portugal 40.7%, Netherlands 10.9%, France 6.5%, Spain 5.6%, Cote d'Ivoire 4.9%, Brazil 4.7%, Italy 4.7% (2007)
Industrial production growth rate
[time series]
7.5% (2007 est.)
Industries
[time series]
food and beverages, fish processing, shoes and garments, salt mining, ship repair
Inflation rate (consumer prices)
[time series]
4.4% (2007 est.)
Investment (gross fixed)
[time series]
37% of GDP (2007 est.)
Labor force
[time series]
120,600 (1990)
Natural gas - consumption
[time series]
0 cu m (2007 est.)
Natural gas - exports
[time series]
0 cu m (2007 est.)
Natural gas - imports
[time series]
0 cu m (2007 est.)
Natural gas - production
[time series]
0 cu m (2007 est.)
Natural gas - proved reserves
[time series]
0 cu m (1 January 2006 est.)
Oil - consumption
[time series]
2,117 bbl/day (2006 est.)
Oil - exports
[time series]
0 bbl/day (2005)
Oil - imports
[time series]
1,785 bbl/day (2005)
Oil - production
[time series]
0 bbl/day (2007 est.)
Oil - proved reserves
[time series]
0 bbl (1 January 2006 est.)
Reserves of foreign exchange and gold
[time series]
$398 million (31 December 2007 est.)
Stock of domestic credit
[time series]
$1.049 billion (31 December 2007)
Stock of narrow money
(Stock of money)
[time series]
$574 million (31 December 2007)
Stock of narrow money
(Stock of quasi money)
[time series]
$689 million (31 December 2007)
Unemployment rate
[time series]
21% (2000 est.)
Geography
Area
[time series]
total: 4,033 sq km land: 4,033 sq km water: 0 sq km
Area - comparative
[time series]
slightly larger than Rhode Island
Climate
[time series]
temperate; warm, dry summer; precipitation meager and very erratic
Coastline
[time series]
965 km
Elevation
(Elevation extremes)
[time series]
lowest point: Atlantic Ocean 0 m highest point: Mt. Fogo 2,829 m (a volcano on Fogo Island)
Environment - current issues
[time series]
soil erosion; deforestation due to demand for wood used as fuel; water shortages; desertification; environmental damage has threatened several species of birds and reptiles; illegal beach sand extraction; overfishing
International environmental agreements
(Environment - international agreements)
[time series]
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: none of the selected agreements
Total water withdrawal
(Freshwater withdrawal (domestic/industrial/agricultural))
[time series]
total: 0.02 cu km/yr (7%/2%/91%) per capita: 39 cu m/yr (2000)
Geographic coordinates
[time series]
16 00 N, 24 00 W
Geography - note
[time series]
strategic location 500 km from west coast of Africa near major north-south sea routes; important communications station; important sea and air refueling site
Irrigated land
[time series]
30 sq km (2003)
Land boundaries
[time series]
0 km
Land use
[time series]
arable land: 11.41% permanent crops: 0.74% other: 87.85% (2005)
Location
[time series]
Western Africa, group of islands in the North Atlantic Ocean, west of Senegal
Map references
[time series]
Political Map of the World
Maritime claims
[time series]
measured from claimed archipelagic baselines territorial sea: 12 nm contiguous zone: 24 nm exclusive economic zone: 200 nm
Natural hazards
[time series]
prolonged droughts; seasonal harmattan wind produces obscuring dust; volcanically and seismically active
Natural resources
[time series]
salt, basalt rock, limestone, kaolin, fish, clay, gypsum
Terrain
[time series]
steep, rugged, rocky, volcanic
Total renewable water resources
[time series]
0.3 cu km (1990)
Government
Administrative divisions
[time series]
17 municipalities (concelhos, singular - concelho); Boa Vista, Brava, Maio, Mosteiros, Paul, Praia, Porto Novo, Ribeira Grande, Sal, Santa Catarina, Santa Cruz, Sao Domingos, Sao Filipe, Sao Miguel, Sao Nicolau, Sao Vicente, Tarrafal
Capital
[time series]
name: Praia geographic coordinates: 14 55 N, 23 31 W time difference: UTC-1 (4 hours ahead of Washington, DC during Standard Time)
Constitution
[time series]
25 September 1992; a major revision on 23 November 1995 substantially increased the powers of the president; a 1999 revision created the position of national ombudsman (Provedor de Justica)
Country name
[time series]
conventional long form: Republic of Cape Verde conventional short form: Cape Verde local long form: Republica de Cabo Verde local short form: Cabo Verde
Diplomatic representation from the US
[time series]
chief of mission: Ambassador Marianne M. MYLES embassy: Rua Abilio Macedo n6, Praia mailing address: C. P. 201, Praia telephone: [238] 2-60-89-00 FAX: [238] 2-61-13-55
Diplomatic representation in the US
[time series]
chief of mission: Ambassador Fatima Lima VEIGA chancery: 3415 Massachusetts Avenue NW, Washington, DC 20007 telephone: [1] (202) 965-6820 FAX: [1] (202) 965-1207 consulate(s) general: Boston
Executive branch
[time series]
chief of state: President Pedro Verona PIRES (since 22 March 2001) head of government: Prime Minister Jose Maria Pereira NEVES (since 1 February 2001) cabinet: Council of Ministers appointed by the president on the recommendation of the prime minister elections: president elected by popular vote for a five-year term (eligible for a second term); election last held 12 February 2006 (next to be held in February 2011); prime minister nominated by the National Assembly and appointed by the president election results: Pedro PIRES reelected president; percent of vote - Pedro PIRES (PAICV) 51.2%, Carlos VIEGA (MPD) 48.8%
Flag
(Flag description)
[time series]
five unequal horizontal bands; the top-most band of blue - equal to one half the width of the flag - is followed by three bands of white, red, and white, each equal to 1/12 of the width, and a bottom stripe of blue equal to one quarter of the flag width; a circle of 10, yellow, five-pointed stars, each representing one of the islands, is centered on the red stripe and positioned 3/8 of the length of the flag from the hoist side
Government type
[time series]
republic
Independence
[time series]
5 July 1975 (from Portugal)
International organization participation
[time series]
ACCT, ACP, AfDB, AU, CPLP, ECOWAS, FAO, G-77, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC, MIGA, NAM, OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
Judicial branch
[time series]
Supreme Tribunal of Justice or Supremo Tribunal de Justia
Legal system
[time series]
based on the legal system of Portugal; has not accepted compulsory ICJ jurisdiction
Legislative branch
[time series]
unicameral National Assembly or Assembleia Nacional (72 seats; members are elected by popular vote to serve five-year terms) elections: last held 22 January 2006 (next to be held in January 2011) election results: percent of vote by party - PAICV 52.3%, MPD 44%, UCID 2.7%; seats by party - PAICV 41, MPD 29, UCID 2
National holiday
[time series]
Independence Day, 5 July (1975)
Political parties
(Political parties and leaders)
[time series]
African Party for Independence of Cape Verde or PAICV [Jose Maria Pereira NEVES, chairman]; Democratic Alliance for Change or ADM [Dr. Eurico MONTEIRO] (a coalition of PCD, PTS, and UCID); Democratic Christian Party or PDC [Manuel RODRIGUES]; Democratic Renovation Party or PRD [Victor FIDALGO]; Democratic and Independent Cape Verdean Union or UCID [Antonio MONTEIRO]; Movement for Democracy or MPD [Agostinho LOPES]; Party for Democratic Convergence or PCD [Dr. Eurico MONTEIRO]; Party of Work and Solidarity or PTS [Isaias RODRIGUES]; Social Democratic Party or PSD [Joao ALEM]
Political parties
(Political pressure groups and leaders)
[time series]
other: environmentalists; political pressure groups
Suffrage
[time series]
18 years of age; universal
Introduction
Background
[time series]
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. Repeated droughts during the second half of the 20th century caused significant hardship and prompted heavy emigration. As a result, Cape Verde's expatriate population is greater than its domestic one. Most Cape Verdeans have both African and Portuguese antecedents.
Military
Manpower available for military service
[time series]
males age 16-49: 103,650 females age 16-49: 103,553 (2008 est.)
Manpower fit for military service
[time series]
males age 16-49: 83,082 females age 16-49: 88,832 (2008 est.)
Manpower reaching militarily significant age annually
[time series]
male: 5,566 female: 5,441 (2008 est.)
Military and security forces
(Military branches)
[time series]
People's Revolutionary Armed Forces (FARP): Army, Coast Guard (includes maritime air wing) (2007)
Military expenditures
[time series]
0.7% of GDP (2005)
Military service age and obligation
[time series]
18 years of age (est.) for selective compulsory military service; 14-month conscript service obligation (2006)
People
Age structure
[time series]
0-14 years: 36.1% (male 77,533/female 76,489) 15-64 years: 57.4% (male 120,208/female 125,009) 65 years and over: 6.5% (male 10,226/female 17,533) (2008 est.)
Birth rate
[time series]
23.95 births/1,000 population (2008 est.)
Death rate
[time series]
6.26 deaths/1,000 population (2008 est.)
Education expenditure
(Education expenditures)
[time series]
6.3% of GDP (2006)
Ethnic groups
[time series]
Creole (mulatto) 71%, African 28%, European 1%
HIV/AIDS - adult prevalence rate
[time series]
0.035% (2001 est.)
HIV/AIDS - deaths
[time series]
225 (as of 2001)
HIV/AIDS - people living with HIV/AIDS
[time series]
775 (2001)
Infant mortality rate
[time series]
total: 42.55 deaths/1,000 live births male: 48.66 deaths/1,000 live births female: 36.25 deaths/1,000 live births (2008 est.)
Languages
[time series]
Portuguese, Crioulo (a blend of Portuguese and West African words)
Life expectancy at birth
[time series]
total population: 71.33 years male: 67.99 years female: 74.76 years (2008 est.)
Literacy
[time series]
definition: age 15 and over can read and write total population: 76.6% male: 85.8% female: 69.2% (2003 est.)
Median age
[time series]
total: 20.6 years male: 19.9 years female: 21.5 years (2008 est.)
Nationality
[time series]
noun: Cape Verdean(s) adjective: Cape Verdean
Net migration rate
[time series]
-11.74 migrant(s)/1,000 population (2008 est.)
Population
[time series]
426,998 (July 2008 est.)
Population growth rate
[time series]
0.595% (2008 est.)
Religions
[time series]
Roman Catholic (infused with indigenous beliefs), Protestant (mostly Church of the Nazarene)
School life expectancy (primary to tertiary education)
[time series]
total: 12 years male: 11 years female: 12 years (2006)
Sex ratio
[time series]
at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.96 male(s)/female 65 years and over: 0.58 male(s)/female total population: 0.95 male(s)/female (2008 est.)
Total fertility rate
[time series]
3.17 children born/woman (2008 est.)
Transnational Issues
Disputes - international
[time series]
none
Illicit drugs
[time series]
used as a transshipment point for Latin American cocaine destined for Western Europe; the lack of a well-developed financial system limits the country's utility as a money-laundering center
Transportation
Airports
[time series]
8 (2007)
Airports - with paved runways
[time series]
total: 8 over 3,047 m: 1 1,524 to 2,437 m: 2 914 to 1,523 m: 4 under 914 m: 1 (2007)
Merchant marine
[time series]
total: 8 by type: cargo 2, chemical tanker 1, passenger/cargo 5 foreign-owned: 2 (Spain 1, UK 1) (2008)
Ports
(Ports and terminals)
[time series]
Porto Grande
Roadways
[time series]
total: 1,350 km paved: 932 km unpaved: 418 km (2000)