Inflation in Cabo Verde
Consumer price inflation in Cabo Verde averaged -0.2% in the ten years to 2024, in line with the regional average of %. The 2024 average figure was 1%. For more information on inflation, visit our dedicated page
Cabo Verde Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Cabo Verde from 2024 to 2023.
Source: Macrobond.
Cabo Verde Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 0.6 | 1.9 | 7.9 | 3.7 | 1.0 |
| Inflation (CPI, ann. var. %, eop) | -0.9 | 5.4 | 7.6 | 1.3 | 1.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Cabo Verdean inflation projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Cabo Verdean inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Cabo Verdean inflation projections.
Want to get access to the full dataset of Cabo Verdean inflation forecasts? Send an email to info@focus-economics.com.