Cabo Verde Inflation Rate 1984-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Cabo Verde inflation rate for 2022 was 7.93%, a 6.07% increase from 2021.
- Cabo Verde inflation rate for 2021 was 1.86%, a 1.26% increase from 2020.
- Cabo Verde inflation rate for 2020 was 0.61%, a 0.5% decline from 2019.
- Cabo Verde inflation rate for 2019 was 1.11%, a 0.15% decline from 2018.
| Cabo Verde Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2022 |
7.93% |
6.07% |
| 2021 |
1.86% |
1.26% |
| 2020 |
0.61% |
-0.50% |
| 2019 |
1.11% |
-0.15% |
| 2018 |
1.26% |
0.47% |
| 2017 |
0.78% |
2.19% |
| 2016 |
-1.41% |
-1.54% |
| 2015 |
0.13% |
0.37% |
| 2014 |
-0.24% |
-1.75% |
| 2013 |
1.51% |
-1.03% |
| 2012 |
2.54% |
-1.93% |
| 2011 |
4.47% |
2.40% |
| 2010 |
2.08% |
1.09% |
| 2009 |
0.99% |
-5.78% |
| 2008 |
6.77% |
2.36% |
| 2007 |
4.41% |
-0.96% |
| 2006 |
5.37% |
4.95% |
| 2005 |
0.42% |
2.31% |
| 2004 |
-1.89% |
-3.08% |
| 2003 |
1.19% |
-0.70% |
| 2002 |
1.88% |
-1.47% |
| 2001 |
3.35% |
5.83% |
| 2000 |
-2.48% |
-6.83% |
| 1999 |
4.36% |
-0.04% |
| 1998 |
4.39% |
-4.16% |
| 1997 |
8.56% |
2.59% |
| 1996 |
5.96% |
-2.39% |
| 1995 |
8.35% |
4.90% |
| 1994 |
3.45% |
-2.34% |
| 1993 |
5.79% |
2.67% |
| 1992 |
3.12% |
-6.43% |
| 1991 |
9.55% |
-1.10% |
| 1990 |
10.65% |
6.10% |
| 1989 |
4.56% |
0.48% |
| 1988 |
4.07% |
0.23% |
| 1987 |
3.85% |
-7.03% |
| 1986 |
10.87% |
5.48% |
| 1985 |
5.39% |
-5.86% |
| 1984 |
11.25% |
-5.86% |
