Cape Verde vs Germany: Economic Indicators Comparison

Germany with a GDP of $3.9T ranked the 4th largest economy in the world, while Cape Verde ranked 174th with $2B. By GDP 5-years average growth and GDP per capita, Germany and Cape Verde ranked 136th vs 94th and 19th vs 125th, respectively.

Gross Domestic Product & Income

StatCape VerdeGermany
GDP$2B$3.9T
GDP growth, 1 year4.7%1.5%
GDP growth, 5-years average3%1.9%
Population546k83.1M
GDP per capita$3.6k$48k
GDP per capita growth3.87%1.2%
Purchasing Power Parity conversion factor45.560.76
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.9
GDP per capita, PPP adjusted$7.3k$53k
GNI, Atlas method$1.9B$3.9T
GNI per capita$3.4k$47k
GNI, PPP adjusted$4B$4.5T
GNI per capita, PPP adjusted$7.3k$55k

Financial system and Human development

StatCape VerdeGermany
Income Tax Rate50%47.5%
Corporate Tax Rate30%15.8%
Inflation, consumer prices2.2%1.9%
Inflation, GDP deflator1.5%1.5%
Unemployment12.3%3.4%
Economic Freedom Index63.673.5
Personal Freedom Index8.339.14
Human Freedom Index7.48.42
Property Rights Index47.580.5
Judical Effectiveness Index4874.3
Business Freedom Index58.582.8
Fiscal Health Index66.292.9
Labor Freedom Index55.653
Investment Freedom Index8080
Financial Freedom Index6070
Trade Freedom Index68.286.4
Monetary Freedom Index83.176.7
Government Spending Index71.742.2
Tax Burden Index77.760.9
Government Integrity Index46.182.8
Corruption Perceptions Index5780
Life expectancy at birth, years72.681
Suicide mortality rate, per 100,000 people11.313.6
Mortality caused by road traffic injury, per 100,000 people254.1
Intentional homicides, per 100,000 people11.51
International tourism, number of arrivals710k38.9M

Government debt & reserves

StatCape VerdeGermany
Central government debt, % of GDP127.7%59.8%
External debt stocks, % of GNI89.3%N/A
External debt stocks$1.7BN/A
Short-term debt, % of total reserves0.2%N/A
Total debt service, % of exports and primary income5.6%N/A
Adjusted net savings including particulate emission damage, % of GNI11.7%14.1%
Gross savings, % of GDP34.7%29.3%
Gross capital formation, % of GDP40.4%21.8%
Total reserves including gold$606.4M$198B
Foreign direct investment net inflows$108M$105.3B

Exports, imports and economic structure

StatCape VerdeGermany
Exports of goods and services, % of GDP48.8%47.4%
Imports of goods and services, % of GDP68.2%41.3%
Current account balance (balance of payments)-$94.5M$289.9B
Revenue excluding grants, % of GDP28.8%28.5%
Grants excluding technical cooperation, BoP$42.5MN/A
Personal remittances received$233.5M$18B
Industry including construction value added, % of GDP19.2%27.5%
Agriculture, forestry and fishing value added, % of GDP5.3%0.8%
Charges for the use of intellectual property, payments BoP$11.3M$15.6B
Charges for the use of intellectual property, receipts BoP$47k$24.4B
Expense, % of GDP28.4%28.2%
Government Expenditure, % of GDP30.7%43.9%

Compare with countries close by GDP per capita

Cape Verde vs

CountryGDP
per capita
Population
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M

Germany vs

CountryGDP
per capita
Population
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M