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Cabo Verde Patent Applications

Patent applications by residents  IP.PAT.RESD

Cabo Verde's patent applications was 1 in 2021, ranked 111th globally. This represents a 0.0% increase from 2020. Data from World Bank, covering 2016–2021.

1 +0 (+0.0%)
Year 2021 Rank #111 Global Peak 3 (2018) Source World Bank

Cabo Verde Patent Applications (2016–2021)

Overview

Cabo Verde's patent applications stood at 1 in 2021, a rise of +0 from 2020. Cabo Verde ranked 111th globally.

Cabo Verde's patent applications have exhibited a downward trend since 2018, when the country peaked at 3.00, ranking 111th globally. This decline has continued, with a trough value of 1.00 in 2021. Notably, Cyprus, a peer country, also ranks at 1.00, indicating a potential slowdown in regional innovation. In comparison, Trinidad and Tobago, another peer, has maintained a steady value of 2.00, highlighting the divergent paths of innovation in the region. Cabo Verde's declining patent applications may be attributed to various factors, including limited research and development investments, a relatively small economy, and a lack of collaboration between academia and industry. As the country continues to develop its economy and invest in innovation, a potential upward trend may emerge, potentially driven by increased government support for research and development, as well as growing collaboration with international partners.

Data & projection

Year Patent Applications YoY change Rank
2021 1 +0 #111
2020 1 −2 #117
2018 3 +1 #112
2017 2 +0 #117
2016 2 – #117

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.6% GDP growth 1.4% Unemployment 13.5%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw patent applications improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's patent applications?▾

Cabo Verde's patent applications was 1 in 2021. Ranked 111th globally. This represents a 0.0% increase from the previous year.

What was the highest patent applications in Cabo Verde?▾

Cabo Verde's patent applications peaked at 3 in 2018.

What was the lowest patent applications in Cabo Verde?▾

The lowest patent applications in Cabo Verde was 1 in 2020.

How does Cabo Verde rank in patent applications?▾

Cabo Verde ranks 111th globally in patent applications as of 2021.

What is the World Bank indicator code for patent applications?▾

The World Bank indicator code is IP.PAT.RESD. Data sourced from World Bank.

What is the patent applications of Cabo Verde in 2021?▾

The patent applications of Cabo Verde in 2021 was 1. This ranks 111th in the world.

Cite this page

APA
Cabo Verde Patent Applications. HistorySaid. Retrieved October 28, 2026, from https://historysaid.com/cabo-verde/patents/
BibTeX
@misc{historysaid_cabo-verde_patents, title = {Cabo Verde Patent Applications}, url = {https://historysaid.com/cabo-verde/patents/}, publisher = {HistorySaid}, year = {2026} }
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