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Economy of Cape Verde vs Uzbekistan compared: GDP & Debt

Updated on by Georank

Cape Verde has a GDP of $3.06B compared to $147B for Uzbekistan, ranking 172/197 and 61/197 by economy size, respectively.

Cape Verde has $3.09B in government debt (101% of GDP), compared to $42B (28.6% of GDP) in Uzbekistan.

Cape Verde vs Uzbekistan GDP by year

Cape Verde
Uzbekistan
1x
Year GDP, current $
Cape Verde Uzbekistan
2025 $3,056,630,435 $147,038,081,129
2024 $2,713,721,857 $121,356,065,241
2023 $2,504,525,538 $107,526,539,716
2022 $2,247,003,344 $94,286,355,836
2021 $2,051,842,619 $81,170,051,811
2020 $1,821,565,614 $70,127,127,133
2019 $2,252,177,124 $70,170,662,563
2018 $2,205,099,507 $61,318,332,403
2017 $1,996,741,540 $72,276,404,058
2016 $1,849,789,986 $97,871,364,319
2015 $1,749,857,620 $97,564,568,987
2014 $2,041,930,125 $91,303,765,114
2013 $2,028,910,915 $82,674,178,352
2012 $1,913,081,210 $75,318,846,931
2011 $2,046,817,987 $67,404,618,405
2010 $1,824,751,468 $55,544,226,553
2009 $1,852,334,575 $33,689,223,673
2008 $1,959,620,648 $29,549,438,884
2007 $1,649,621,739 $22,311,393,928
2006 $1,107,571,458 $17,330,833,853
2005 $972,241,677 $14,307,509,839
2004 $924,940,012 $12,030,023,548
2003 $813,260,469 $10,134,453,435
2002 $620,507,387 $9,687,788,513
2001 $563,090,490 $11,401,421,329
2000 $539,227,278 $13,760,513,969
1999 $592,416,703 $17,078,465,982
1998 $521,910,561 $14,988,971,211
1997 $490,608,658 $14,744,603,774
1996 $501,979,270 $13,948,892,216
1995 $487,148,994 $13,350,461,265
1994 $406,580,652 $12,899,074,922
1993 $490,417,390 $13,099,920,056
1992 $357,160,985 $12,953,801,760
1991 $319,827,059 $13,800,167,712
1990 $306,890,963 $13,362,340,338
1989 $267,448,571 $11,948,815,258
1988 $264,308,140 $10,722,799,639
1987 $235,253,065 $8,523,160,593
1986 $190,651,168 -
1985 $137,728,205 -
1984 $132,019,039 -
1983 $138,476,176 -
1982 $140,630,679 -
1981 $139,468,209 -
1980 $142,246,815 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

GDP per capita in Cape Verde vs Uzbekistan by year

Cape Verde
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cape Verde Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,796 - $3,968 -
2024 $5,170 $11,195 $3,337 $11,879
2023 $4,795 $10,242 $3,016 $11,107
2022 $4,323 $9,481 $2,699 $10,293
2021 $3,971 $7,685 $2,370 $9,248
2020 $3,539 $6,853 $2,088 $8,452
2019 $4,381 $8,646 $2,129 $8,544
2018 $4,295 $7,916 $1,894 $8,129
2017 $3,893 $7,936 $2,271 $7,818
2016 $3,609 $7,351 $3,128 $6,919
2015 $3,415 $6,773 $3,173 $6,800
2014 $3,986 $6,417 $3,021 $6,610
2013 $3,961 $6,367 $2,781 $6,413
2012 $3,737 $6,318 $2,574 $6,168
2011 $4,002 $6,384 $2,339 $5,949
2010 $3,579 $6,039 $1,957 $5,505
2009 $3,660 $5,901 $1,206 $5,135
2008 $3,909 $6,011 $1,075 $4,800
2007 $3,325 $5,567 $824 $4,386
2006 $2,257 $4,758 $649 $3,956
2005 $2,004 $4,324 $543 $3,618
2004 $1,929 $3,969 $462 $3,321
2003 $1,718 $3,551 $394 $3,047
2002 $1,329 $3,388 $381 $2,902
2001 $1,223 $3,217 $454 $2,782
2000 $1,190 $3,124 $555 $2,644
1999 $1,327 $2,714 $698 $2,522
1998 $1,187 $2,443 $621 $2,418
1997 $1,134 $2,182 $621 $2,329
1996 $1,180 $1,963 $597 $2,214
1995 $1,165 $1,762 $583 $2,178
1994 $991 $1,540 $574 $2,197
1993 $1,220 $1,291 $596 $2,318
1992 $908 $1,186 $603 $2,371
1991 $832 $1,069 $658 $2,676
1990 $817 $1,044 $653 $2,665
1989 $727 - $598 -
1988 $729 - $551 -
1987 $658 - $450 -
1986 $541 - - -
1985 $396 - - -
1984 $385 - - -
1983 $410 - - -
1982 $423 - - -
1981 $425 - - -
1980 $440 - - -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

Cape Verde's GDP per capita is $5,796, ranking 116/197, compared to $3,968 in Uzbekistan, ranking 134/197. Adjusted for purchasing power (GDP per capita PPP), Cape Verde ranks 129th at $11,195, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Cape Verde Uzbekistan
Gross domestic product
$3.06B
2025
$147B
2025
GDP rank
172/197
2025
61/197
2025
GDP growth
6.3%
2024-2025
7.7%
2024-2025
GDP per capita
$5,796
2025
$3,968
2025
GDP per capita rank
116/197
2025
134/197
2025
GDP per capita, PPP
$11,195
2024
$11,879
2024
GDP per capita PPP rank
129/197
2024
125/197
2024
Government debt
$3.09B
2025
$42B
2025
Debt-to-GDP ratio
101%
2025
28.6%
2025
Government debt per person
$5,854
2025
$1,134
2025
Government debt per person rank
77/185
2025
139/185
2025
Average annual personal income after taxes
$2,506
2026
$3,560
2026
Market capitalization of domestic companies n/a
$23.7B
2025
Income share by richest 10%
32.3%
2015
24.2%
2025
Income share by poorest 10%
2.2%
2015
2.4%
2025
Government expenditure, % of GDP
27%
2025
27.4%
2025
Consumer prices inflation
2.3%
2024-2025
8.8%
2024-2025
Central bank interest rate
1.5%
2024
14%
2025
Unemployment rate
11.3%
2019
5.29%
2020
Population
530853
38082870

Spending and national debt comparison by year

Cape Verde
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Cape Verde Uzbekistan
Government spending Government debt Government spending Government debt
2025 27% 101% 27.4% 28.6%
2024 26.1% 112.8% 26.1% 30.9%
2023 25.7% 117.5% 28.6% 30.7%
2022 26.6% 127.6% 30% 29.2%
2021 30.8% 149.5% 26.1% 30.2%
2020 34.5% 149.1% 24.7% 31.9%
2019 27.5% 109.8% 23.4% 24.3%
2018 27.5% 112.3% 21.2% 16.7%
2017 28% 113% 19.9% 17.3%
2016 26.6% 115.6% 20.5% 7.21%
2015 28.7% 115.7% 21.7% 5.94%
2014 27.8% 105.7% 22% 5.39%
2013 30.9% 93.5% 22.3% 5.51%
2012 31.6% 82.9% 21.5% 6.06%
2011 30.3% 71.6% 21.1% 5.65%
2010 35.7% 66.2% 23.7% 5.92%
2009 30.6% 58.8% 24.7% 6.57%
2008 27.6% 57.5% 23.8% 7.5%
2007 27.1% 59.6% 22.4% 8.6%
2006 28.4% 66.2% 22.3% 12.2%
2005 26.2% 66.7% 25.3% 18.9%
2004 26.3% 67.8% 26.5% 24.2%
2003 23.4% 65.6% 28.4% 28.3%
2002 28.5% 64.7% 31.2% 37.5%
2001 24.2% 62.2% 27.6% 40.4%
2000 36.7% 71.9% 29.6% 26.5%
1999 35% 66.4% 30.3% 16.6%
1998 29.8% 72.9% 31.6% 16.2%
1997 34.8% 79.3% 28.7% 13.8%
1996 38.9% 85.7% 31.6% -
1995 44.5% 74.3% 26.5% -
1994 48.1% 73.4% 24.4% -
1993 - - 35.6% -
1992 - - 16.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1994–1996, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

In 2025, Cape Verde's government spending was $827M, accounting for 27% of its GDP, while Uzbekistan spent $40.2B, or 27.4% of GDP.

Debt-to-GDP ratio is 101% in Cape Verde and 28.6% in Uzbekistan, ranking 23/185 and 159/185, respectively.

Government deficit by year

Deficit/surplus
Cape Verde

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Cape Verde Uzbekistan
2025 1.06% -1.66%
2024 -1.07% -2.25%
2023 -0.28% -3.85%
2022 -4.25% -3.49%
2021 -7.51% -3.9%
2020 -9.29% -2.8%
2019 -1.62% -0.29%
2018 -2.36% 1.57%
2017 -2.63% 1.04%
2016 -2.73% 0.62%
2015 -4.16% -0.24%
2014 -6.93% 1.68%
2013 -8.49% 1.9%
2012 -9.36% 5.28%
2011 -6.98% 4.56%
2010 -9.6% 2.29%
2009 -5.32% 1.64%
2008 -1.42% 5.38%
2007 -0.86% 3.2%
2006 -4.32% 2.45%
2005 -4.69% -3.17%
2004 -2.98% -3.37%
2003 -3.63% -4.39%
2002 -6.14% -5.69%
2001 -5.03% -2.95%
2000 -15.5% -3.29%
1999 -10.9% -2.62%
1998 -3.16% -2.74%
1997 -10.2% -1.85%
1996 -11.2% -1.41%
1995 -11.1% -1.59%
1994 -12.8% -4.03%
1993 - -10.8%
1992 - 6.44%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

In 2025, Cape Verde's government surplus, the difference between spending and revenue, was $32.3M, equivalent to 1.06% of GDP. This compares to Uzbekistan's deficit of $2.43B, or 1.66% of GDP.

Over the past 32 years, Cape Verde recorded a fiscal deficit in 31 of those years, while Uzbekistan ran a deficit in 20 years. On average, Cape Verde posted an annual deficit equal to 5.8% of GDP, compared to deficit of 0.75% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Cape Verde

Uzbekistan
1x
Year Consumer prices inflation
Cape Verde Uzbekistan
2025 2.3% 8.8%
2024 1.1% 9.6%
2023 3.7% 10%
2022 7.9% 11.4%
2021 1.9% 10.8%
2020 0.6% 12.9%
2019 1.1% 14.5%
2018 1.3% 17.5%
2017 0.8% 13.9%
2016 -1.4% 8.8%
2015 0.1% 8.5%
2014 -0.2% 9.1%
2013 1.5% 11.7%
2012 2.5% 11.9%
2011 4.5% 12.4%
2010 2.1% 12.3%
2009 1% 12.3%
2008 6.8% 13.1%
2007 4.4% 11.2%
2006 4.8% 13.1%
2005 0.4% 10.7%
2004 -1.9% 7.3%
2003 1.2% 12.5%
2002 1.9% 27.3%
2001 3.7% 27.3%
2000 -2.4% 25%
1999 4.3% 29.1%
1998 4.4% 29%
1997 8.6% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

Over the past 29 years, Cape Verde has recorded an average annual inflation rate of 2.31%, compared with 16.3% in Uzbekistan. In 2025, inflation was 2.3% in Cape Verde and 8.8% in Uzbekistan.

Balance of trade

Cape Verde Uzbekistan
Current account balance
$108M
2025
-$5.78B
2025
Current account balance ranking
63/190
2025
167/190
2025
Current account balance, % of GDP
+3.53%
2025
-3.93%
2025
Goods imports
$1.29B
2025
$38.5B
2025
Goods exports
$344M
2025
$23B
2025
Service imports
$350M
2025
$13.6B
2025
Service exports
$940M
2025
$9.27B
2025
Imports of goods and services, % of GDP
53.4%
2025
35.4%
2025
Exports of goods and services, % of GDP
42%
2025
22%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Cape Verde Uzbekistan
Economic freedom 71.4 60.3
Economic freedom ranking 32/197 94/197
Property rights 72.7 43.1
Government integrity 63.3 32
Judicial effectiveness 77.1 13.7
Tax burden 84.4 95
Government spending 79.5 73.7
Fiscal health 74.4 79.9
Business freedom 78.9 62.5
Labor freedom 59.5 48.4
Monetary freedom 80.4 65.1
Trade freedom 66.6 80.6
Investment freedom 60 70
Financial freedom 60 60

Economic freedom comparison by year

Cape Verde
Uzbekistan
1x
Year Economic freedom index
Cape Verde Uzbekistan
2026 71.4 60.3
2025 68.7 58
2024 62.9 55.9
2023 65.8 56.5
2022 66.7 55.7
2021 63.8 58.3
2020 63.6 57.2
2019 63.1 53.3
2018 60 51.5
2017 56.9 52.3
2016 66.5 46
2015 66.4 47
2014 66.1 46.5
2013 63.7 46
2012 63.5 45.8
2011 64.6 45.8
2010 61.8 47.5
2009 61.3 50.5
2008 57.9 51.9
2007 56.5 51.5
2006 58.6 48.7
2005 57.8 45.8
2004 58.1 39.1
2003 56.1 38.3
2002 57.6 38.5
2001 56.3 38.2
2000 51.9 38.1
1999 50.7 33.8
1998 48 31.5
1997 47.7 -
1996 49.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

The Economic Freedom Index for Cape Verde is 71.4, ranking 32/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cape Verde Uzbekistan
Services, % of GDP
67.9%
2025
46.5%
2025
Industry, % of GDP
10.7%
2025
32.5%
2025
Agriculture, forestry, and fishing, % of GDP
5.04%
2025
16.6%
2025
GNI, Atlas method
$2.95B
2025
$136B
2025
GNI per capita, PPP
$12,010
2025
$13,640
2025
Total reserves including gold
$1.26B
2025
$41.2B
2024
Total reserves ranking
138/177
2025
53/177
2024
Net foreign direct investment
-$130M
2025
-$4.24B
2025
Net inflows of foreign direct investment
$110M
2024
$2.97B
2024
Net outflows of foreign direct investment
$20.8M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
5.72%
2024
9.37%
2024
Poverty at national poverty lines
24.8%
2023
5.8%
2025
Gross capital formation, % of GDP
17.4%
2025
33.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/cape-verde/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1994–1996, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.