Cabo Verde PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Cabo Verde's ppp conversion factor was 46.40 in 2025, ranked 59th globally. This represents a 1.9% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Cabo Verde's ppp conversion factor stood at 46.40 in 2025, a decline of +0.88 from 2024. Based on recent trends, this figure is projected to reach 46.40 by 2025. Cabo Verde ranked 59th globally.
Cabo Verde's PPP conversion factor, a measure of the price level in the country relative to the United States, has exhibited a downward trend since its peak in 1993 when it reached 77.91. Over the past 36 years, the indicator has declined from 56.20 in 1990 to 46.40 in 2025, ranking Cabo Verde #59 globally. This decline has positioned Cabo Verde at a level comparable to that of Algeria, which stands at 46.74. In contrast, Kenya, with a conversion factor of 43.21, has experienced a more pronounced decline, while Albania's conversion factor of 39.18 indicates a more significant disparity. The downward trend in Cabo Verde's PPP conversion factor may be attributed to various factors, including economic growth and structural changes in the country. A potential increase in foreign investment and trade could alter the trajectory of this trend, potentially leading to a stabilization or even an upward adjustment of the PPP conversion factor in the future.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 45.21 | - | - |
| 2026* trend | 45.80 | - | - |
| 2025* trend | 46.40 | - | - |
| 2025 | 46.40 | −0.88 | #59 |
| 2024 | 47.27 | −0.39 | #134 |
| 2023 | 47.66 | −0.16 | #141 |
| 2022 | 47.82 | −0.35 | #143 |
| 2021 | 48.17 | −1.82 | #146 |
| 2020 | 49.99 | +0.09 | #147 |
| 2019 | 49.91 | −0.77 | #147 |
| 2018 | 50.68 | +2.70 | #148 |
| 2017 | 47.98 | −0.96 | #149 |
| 2016 | 48.94 | −1.16 | #150 |
| 2015 | 50.11 | −1.47 | #150 |
| 2014 | 51.57 | −0.10 | #150 |
| 2013 | 51.68 | +0.62 | #150 |
| 2012 | 51.05 | +1.36 | #150 |
| 2011 | 49.70 | +0.33 | #151 |
Detected Pattern
Analysis
Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw ppp conversion factor improve within 24 months. View full analysis →
Frequently Asked Questions
Cabo Verde's ppp conversion factor was 46.40 in 2025. Ranked 59th globally. This represents a 1.9% decrease from the previous year.
Cabo Verde's ppp conversion factor peaked at 77.91 in 1993.
The lowest ppp conversion factor in Cabo Verde was 46.40 in 2025.
Cabo Verde ranks 59th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Cabo Verde's ppp conversion factor is projected to reach 46.40 by 2025 based on trend extrapolation.
The ppp conversion factor of Cabo Verde in 2025 was 46.40. This ranks 59th in the world.
Cite this page
@misc{historysaid_cabo-verde_ppp-conversion-factor,
title = {Cabo Verde PPP Conversion Factor},
url = {https://historysaid.com/cabo-verde/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}