ARCHIVE // CV // 2012
Cabo Verde
2012 Edition — sovereign
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Communications
Broadcast media
[time series]
state-run TV and radio broadcast network plus a growing number of private broadcasters; Portuguese public TV and radio services for Africa are available; transmissions of a few international broadcasters are available (2007)
Internet country code
[time series]
.cv
Internet users
(Internet hosts)
[time series]
38 (2012) country comparison to the world: 217
Internet users
[time series]
150,000 (2009) country comparison to the world: 148
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) (2011)
Telephones - fixed lines
(Telephones - main lines in use)
[time series]
74,500 (2011) country comparison to the world: 155
Telephones - mobile cellular
[time series]
396,400 (2011) country comparison to the world: 170
Economy
Agricultural products
(Agriculture - products)
[time series]
bananas, corn, beans, sweet potatoes, sugarcane, coffee, peanuts; fish
Budget
[time series]
revenues: $539.2 million expenditures: $724.4 million (2012 est.)
Budget surplus (+) or deficit (-)
[time series]
-9.9% of GDP (2012 est.) country comparison to the world: 201
Central bank discount rate
[time series]
7.5% (31 December 2010 est.) country comparison to the world: 37 7.5% (31 December 2009 est.)
Commercial bank prime lending rate
[time series]
9.6% (31 December 2012 est.) country comparison to the world: 93 9.8% (31 December 2011 est.)
Current account balance
[time series]
-$257.9 million (2012 est.) country comparison to the world: 84 -$287.8 million (2011 est.)
Debt - external
[time series]
$741.3 million (31 December 2012 est.) country comparison to the world: 164 $824.2 million (31 December 2011 est.)
Economic overview
(Economy - overview)
[time series]
The economy is service oriented with commerce, transport, tourism, and public services accounting for about three-fourths of GDP. 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. Although about 40% 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 its large pool of emigrants; remittances supplement GDP by more than 20%. Despite the lack of resources, sound economic management has produced steadily improving incomes. Continued economic reforms are aimed at developing the private sector and attracting foreign investment to diversify the economy and mitigate high unemployment. 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.
Exchange rates
[time series]
Cape Verdean escudos (CVE) per US dollar - 86.42 (2012 est.) 79.32 (2011 est.) 83.259 (2010 est.) 79.38 (2009) 73.84 (2008)
Exports
[time series]
$205.1 million (2012 est.) country comparison to the world: 185 $211 million (2011 est.)
Exports - commodities
[time series]
fuel, shoes, garments, fish, hides
Exports - partners
[time series]
Spain 64.4%, Portugal 18.5% (2011)
Fiscal year
[time series]
calendar year
GDP (official exchange rate)
[time series]
$1.857 billion (2012 est.)
Real GDP (purchasing power parity)
(GDP (purchasing power parity))
[time series]
$2.188 billion (2012 est.) country comparison to the world: 191 $2.088 billion (2011 est.) $1.985 billion (2010 est.) note: data are in 2012 US dollars
GDP - composition, by sector of origin
(GDP - composition by sector)
[time series]
agriculture: 8.1% industry: 15.8% services: 76.1% (2012 est.)
Real GDP per capita
(GDP - per capita (PPP))
[time series]
$4,100 (2012 est.) country comparison to the world: 163 $4,000 (2011 est.) $3,900 (2010 est.) note: data are in 2012 US dollars
Real GDP growth rate
(GDP - real growth rate)
[time series]
4.8% (2012 est.) country comparison to the world: 66 5.2% (2011 est.) 5.4% (2010 est.)
Household income or consumption by percentage share
[time series]
lowest 10%: 1.9% highest 10%: 40.6% (2001)
Imports
[time series]
$1.038 billion (2012 est.) country comparison to the world: 176 $1.06 billion (2011 est.)
Imports - commodities
[time series]
foodstuffs, industrial products, transport equipment, fuels
Imports - partners
[time series]
Portugal 36.8%, Netherlands 25.3%, Spain 7%, Italy 5.2%, China 5.2% (2011)
Industrial production growth rate
[time series]
4% (2010 est.) country comparison to the world: 80
Inflation rate (consumer prices)
[time series]
2.4% (2012 est.) country comparison to the world: 48 4.5% (2011 est.)
Investment (gross fixed)
[time series]
46.4% of GDP (2012 est.) country comparison to the world: 2
Labor force
[time series]
196,100 (2007) country comparison to the world: 171
Population below poverty line
[time series]
30% (2000)
Public debt
[time series]
83.1% of GDP (2012 est.) country comparison to the world: 24 77.5% of GDP (2011 est.)
Reserves of foreign exchange and gold
[time series]
$393.5 million (31 December 2012 est.) country comparison to the world: 150 $339 million (31 December 2011 est.)
Stock of broad money
[time series]
$1.362 billion (31 December 2012 est.) country comparison to the world: 160 $1.322 billion (31 December 2011 est.)
Stock of domestic credit
[time series]
$1.37 billion (31 December 2012 est.) country comparison to the world: 148 $1.353 billion (31 December 2011 est.)
Stock of narrow money
[time series]
$454.5 million (31 December 2012 est.) country comparison to the world: 160 $443.1 million (31 December 2011 est.)
Taxes and other revenues
[time series]
28.9% of GDP (2012 est.) country comparison to the world: 105
Unemployment rate
[time series]
21% (2000 est.) country comparison to the world: 164
Energy
Carbon dioxide emissions
(Carbon dioxide emissions from consumption of energy)
[time series]
271,400 Mt (2010 est.) country comparison to the world: 194
Crude oil - exports
[time series]
0 bbl/day (2009 est.) country comparison to the world: 100
Crude oil - imports
[time series]
0 bbl/day (2009 est.) country comparison to the world: 174
Crude oil - production
[time series]
0 bbl/day (2011 est.) country comparison to the world: 123
Crude oil - proved reserves
[time series]
0 bbl (1 January 2012 est.) country comparison to the world: 121
Electricity - consumption
[time series]
257.6 million kWh (2009 est.) country comparison to the world: 180
Electricity - exports
[time series]
0 kWh (2010 est.) country comparison to the world: 184
Electricity - from fossil fuels
[time series]
96.9% of total installed capacity (2009 est.) country comparison to the world: 65
Electricity - from hydroelectric plants
[time series]
0% of total installed capacity (2009 est.) country comparison to the world: 165
Electricity - from nuclear fuels
[time series]
0% of total installed capacity (2009 est.) country comparison to the world: 73
Electricity - from other renewable sources
[time series]
3.1% of total installed capacity (2009 est.) country comparison to the world: 46
Electricity - imports
[time series]
0 kWh (2010 est.) country comparison to the world: 176
Electricity - installed generating capacity
[time series]
89,800 kW (2009 est.) country comparison to the world: 171
Electricity - production
[time series]
277 million kWh (2009 est.) country comparison to the world: 175
Natural gas - consumption
[time series]
0 cu m (2010 est.) country comparison to the world: 135
Natural gas - exports
[time series]
0 cu m (2010 est.) country comparison to the world: 183
Natural gas - imports
[time series]
0 cu m (2010 est.) country comparison to the world: 183
Natural gas - production
[time series]
0 cu m (2010 est.) country comparison to the world: 118
Natural gas - proved reserves
[time series]
0 cu m (1 January 2012 est.) country comparison to the world: 127
Refined petroleum products - consumption
[time series]
2,608 bbl/day (2011 est.) country comparison to the world: 187
Refined petroleum products - exports
[time series]
0 bbl/day (2008 est.) country comparison to the world: 169
Refined petroleum products - imports
[time series]
2,407 bbl/day (2008 est.) country comparison to the world: 177
Refined petroleum products - production
[time series]
0 bbl/day (2008 est.) country comparison to the world: 137
Geography
Area
[time series]
total: 4,033 sq km country comparison to the world: 176 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 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]
Africa
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 volcanism: Fogo (elev. 2,829 m), which last erupted in 1995, is Cape Verde's only active volcano
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]
22 municipalities (concelhos, singular - concelho); Boa Vista, Brava, Maio, Mosteiros, Paul, Porto Novo, Praia, Ribeira Brava, Ribeira Grande, Ribeira Grande de Santiago, Sal, Santa Catarina, Santa Catarina do Fogo, Santa Cruz, Sao Domingos, Sao Filipe, Sao Lourenco dos Orgaos, Sao Miguel, Sao Salvador do Mundo, Sao Vicente, Tarrafal, Tarrafal de Sao Nicolau
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 Adrienne O'NEAL 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 20008 telephone: [1] (202) 965-6820 FAX: [1] (202) 965-1207 consulate(s) general: Boston
Executive branch
[time series]
chief of state: President Jorge Carlos FONSECA (since 9 September 2011) 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 (For more information visit theWorld Leaders website) elections: president elected by popular vote for a five-year term (eligible for a second term); election last held on 7 August 2011 with a second round runoff on 21 August 2011; prime minister nominated by the National Assembly and appointed by the president election results: percent of vote (second round) - Jorge Carlos FONSECA 53.4%, Manuel Inocencio SOUSA 46.6%
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 is centered on the red stripe and positioned 3/8 of the length of the flag from the hoist side; blue stands for the sea and the sky, the circle of stars represents the 10 major islands united into a nation, the stripes symbolize the road to formation of the country through peace (white) and effort (red)
Government type
[time series]
republic
Independence
[time series]
5 July 1975 (from Portugal)
International law organization participation
[time series]
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
International organization participation
[time series]
ACP, AfDB, AOSIS, AU, CD, CPLP, ECOWAS, FAO, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ITSO, ITU, ITUC (NGOs), MIGA, NAM, OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO
Judicial branch
[time series]
Supreme Tribunal of Justice or Supremo Tribunal de Justia; Court of Audit; Military Courts; Fiscal and Customs Courts
Legal system
[time series]
civil law system of Portugal
Legislative branch
[time series]
unicameral National Assembly or Assembleia Nacional (72 seats; members elected by popular vote to serve five-year terms) elections: last held on 6 February 2011 (next to be held by 2016) election results: percent of vote by party - NA; seats by party - PAICV 38, MPD 32, UCID 2
National anthem(s)
(National anthem)
[time series]
name: "Cantico da Liberdade" (Song of Freedom) lyrics/music: Amilcar Spencer LOPES/Adalberto Higino Tavares SILVA note: adopted 1996
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 and Independent Cape Verdean Union or UCID [Antonio MONTEIRO]; Democratic Christian Party or PDC [Manuel RODRIGUES]; Democratic Renovation Party or PRD [Victor FIDALGO]; Movement for Democracy or MPD [Jorge SANTOS]; 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: 132,087 females age 16-49: 136,956 (2010 est.)
Manpower fit for military service
[time series]
males age 16-49: 106,864 females age 16-49: 117,518 (2010 est.)
Manpower reaching militarily significant age annually
[time series]
male: 6,029 female: 6,026 (2010 est.)
Military and security forces
(Military branches)
[time series]
Armed Forces: Army (also called the National Guard, GN), Cape Verde Coast Guard (Guardia Costeira de Cabo Verde, GCCV; includes naval infantry) (2012)
Military expenditures
[time series]
0.5% of GDP (2009) country comparison to the world: 160
Military service age and obligation
[time series]
18 years of age (est.) for selective compulsory military service; 14-month conscript service obligation (2006)
People and Society
Age structure
[time series]
0-14 years: 31.9% (male 83,897/ female 83,057) 15-64 years: 62.8% (male 159,172/ female 169,459) 65 years and over: 5.3% (male 10,539/ female 17,444) (2012 est.)
Birth rate
[time series]
21.21 births/1,000 population (2012 est.) country comparison to the world: 80
Death rate
[time series]
6.28 deaths/1,000 population (July 2012 est.) country comparison to the world: 156
Education expenditure
(Education expenditures)
[time series]
5.9% of GDP (2009) country comparison to the world: 32
Ethnic groups
[time series]
Creole (mulatto) 71%, African 28%, European 1%
HIV/AIDS - adult prevalence rate
[time series]
0.04% (2001 est.) country comparison to the world: 163
HIV/AIDS - deaths
[time series]
225 (as of 2001) country comparison to the world: 100
HIV/AIDS - people living with HIV/AIDS
[time series]
775 (2001) country comparison to the world: 147
Health expenditure
(Health expenditures)
[time series]
3.9% of GDP (2009) country comparison to the world: 165
Hospital bed density
[time series]
2.07 beds/1,000 population (2009)
Infant mortality rate
[time series]
total: 26.02 deaths/1,000 live births country comparison to the world: 77 male: 29.77 deaths/1,000 live births female: 22.16 deaths/1,000 live births (2012 est.)
Languages
[time series]
Portuguese (official), Crioulo (a blend of Portuguese and West African words)
Life expectancy at birth
[time series]
total population: 71 years country comparison to the world: 144 male: 68.78 years female: 73.27 years (2012 est.)
Literacy
[time series]
definition: age 15 and over can read and write total population: 84.3% male: 89.3% female: 79.4% (2010 est.)
Major urban areas - population
(Major cities - population)
[time series]
PRAIA (capital) 125,000 (2009)
Maternal mortality ratio
(Maternal mortality rate)
[time series]
79 deaths/100,000 live births (2010) country comparison to the world: 83
Median age
[time series]
total: 23.1 years male: 22.3 years female: 23.9 years (2012 est.)
Nationality
[time series]
noun: Cape Verdean(s) adjective: Cape Verdean
Net migration rate
[time series]
-0.66 migrant(s)/1,000 population (2012 est.) country comparison to the world: 145
Physician density
(Physicians density)
[time series]
0.572 physicians/1,000 population (2008)
Population
[time series]
523,568 (July 2012 est.) country comparison to the world: 171
Population growth rate
[time series]
1.428% (2012 est.) country comparison to the world: 85
Religions
[time series]
Roman Catholic (infused with indigenous beliefs), Protestant (mostly Church of the Nazarene)
Sanitation facility access
[time series]
improved: urban: 65% of population rural: 38% of population total: 54% of population unimproved: urban: 35% of population rural: 62% of population total: 46% of population
School life expectancy (primary to tertiary education)
[time series]
total: 12 years male: 11 years female: 12 years (2009)
Sex ratio
[time series]
at birth: 1.03 male(s)/female under 15 years: 1.01 male(s)/female 15-64 years: 0.94 male(s)/female 65 years and over: 0.6 male(s)/female total population: 0.94 male(s)/female (2011 est.)
Total fertility rate
[time series]
2.44 children born/woman (2012 est.) country comparison to the world: 86
Urbanization
[time series]
urban population: 61% of total population (2010) rate of urbanization: 2.4% annual rate of change (2010-15 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, particularly because of Lusophone links to Brazil, Portugal, and Guinea-Bissau; has taken steps to deter drug money laundering, including a 2002 anti-money laundering reform that criminalizes laundering the proceeds of narcotics trafficking and other crimes and the establishment in 2008 of a Financial Intelligence Unit (2008)
Transportation
Airports
[time series]
9 (2012) country comparison to the world: 158
Airports - with paved runways
[time series]
total: 9 over 3,047 m: 1 1,524 to 2,437 m: 3 914 to 1,523 m: 3 under 914 m: 2 (2012)
Airports - with unpaved runways
[time series]
total: 1 under 914 m: 1 (2010)
Merchant marine
[time series]
total: 13 country comparison to the world: 104 by type: cargo 3, chemical tanker 2, passenger/cargo 7, petroleum tanker 1 foreign-owned: 3 (Greece 1, Spain 1, UK 1) registered in other countries: 1 (unknown 1) (2010)
Ports
(Ports and terminals)
[time series]
Porto Grande
Roadways
[time series]
total: 1,350 km country comparison to the world: 178 paved: 932 km unpaved: 418 km (2000)