Cabo Verde FlagCabo Verde

Too Many Questions Kill The Answers.

 

General


Population: 538,535 (2014), 531,046 (2013)
Land Area: 4,033 sq km
Natural Resources: Salt, basalt rock, limestone, kaolin, fish, clay, gypsum
Capital: Praia
Political System: Republic
State Leader: Jorge Carlos Fonseca (September 9th 2011)
Head of Government: Jose Maria Pereira Neves (February 1st 2001)
Languages: Portuguese, Crioulo
Currency: Cape Verdean Escudo (CVE)
Major Religions: Roman Catholic, Protestant
Major Ethnicities: Creole 71%, African 28%, European 1%<
Life Expectancy: 71.57 years (2014), 71.28 years (2013)

Economy


GDP Official Exchange Rate: 1.955 billion (2013), 1.857 billion (2012)
GDP Purchasing Power Parity: 2.222 billion (2013), 2.188 billion (2012)
GDP Per Capita (PPP): 4,400 (2013), 4,100 (2012)
GDP Growth Rate: 1.5% (2013), 4.8% (2012)
GDP Structure: Agriculture 9.3%, Industry 18.8%, Services 71.9% (2013)
Labour Force By Occupation: NA
Industries: Food and beverages, fish processing, shoes and garments, salt mining, ship repair
Agriculture Products: Bananas, corn, beans, sweet potatoes, sugarcane, coffee, peanuts; fish
Human Development Index: 0.636 (123rd)(2014), 0.586 (132nd)(2013)
Tourism Revenue: 66 million (2002)
Unemployment Rate: 21% (2000)

MilitaryCabo Verde Map


Army Size: 1 200 (2004)
Budget: 0.7% of GDP (2005)

Current Situation

 

Cabo Verde is located in the Atlantic Ocean to the west of Africa, Cabo Verde has no island neighbours. Cabo Verde's economy is based on the service sector. Cape Verde has been taken off the list of "least developed countries".

(2014) Cape Verde changed it's name to Cabo Verde in 2013. Its economy continues to grow at a steady pace althought it has a slowed a little. Major foreign investments in Cabo Verde continue to be made in infrastrure and poverty reduction goals are on track to be attained. Cabo Verde's tourism industry continues to enjoy strong growth

Thoughts & Comments

 

Sources

CIA World Factbook: Cabo Verde
Wikipedia: Cabo Verde
http://hdrstats.undp.org/en/countries/profiles/CPV.html

Updated on: August 2nd, 2014