Inflation rates by country and year

-2.5%1%4.4%7.8%11.2%
-2.5%1%4.4%7.8%11.2%
198411.2%
2004-1.9%
20252.3%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate2.3%

Behind the curve

Turning points in Cabo Verde

  1. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    Cabo Verde imports most of its food and fuel, so the 2007–08 global price surge fed into domestic prices.

    Banco de Cabo Verde
  2. 2020↓ Downward pressure

    The pandemic recession — Wikipedia (opens in a new tab)

    The pandemic collapsed tourism, cutting demand and easing inflation.

    Banco de Cabo Verde
  3. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Higher global food and energy prices lifted Cabo Verdean inflation in 2022.

    Banco de Cabo Verde

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Cabo Verde?

The annual inflation rate in Cabo Verde was 2.3% in 2025, the most recent year in the World Bank dataset. That means prices rose 2.3% on average compared with the year before. Use the chart above to explore Cabo Verde's full inflation history from 1984 to 2025, and to compare it with any other country.

How inflation in Cabo Verde has changed

Inflation in Cabo Verde peaked at 11.2% in 1984 and reached its lowest point at -2.5% in 2000. Averaged across the 42 years of available data (1984–2025), the rate has been 3.7% per year.

Frequently asked questions about inflation in Cabo Verde

What is the current inflation rate in Cabo Verde?

The latest available annual figure is 2.3% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Cabo Verde's statistical office.

What was the highest inflation rate in Cabo Verde?

The highest annual inflation rate on record is 11.2%, reached in 1984.

What was the lowest inflation rate in Cabo Verde?

The lowest annual inflation rate on record is -2.5%, recorded in 2000.

Where does the inflation data for Cabo Verde come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.