Cabo Verde Services Employment
Employment in services SL.SRV.EMPL.ZS
Cabo Verde's services employment was 67.69% in 2025, ranked 114th globally. This represents a 0.2% increase from 2024. Data from World Bank, covering 1991–2025.
Overview
Cabo Verde's services employment stood at 67.69% in 2025, a rise of +0.14% from 2024. Based on recent trends, this figure is projected to reach 67.78% by 2026. Cabo Verde ranked 114th globally.
Cabo Verde's services employment rate has experienced a moderate increase over the past 35 years, with the latest figure standing at 67.69, ranking 114th globally. The country's services employment rate has been steadily rising since its all-time trough of 58.21 in 1991, with the peak rate of 67.69 achieved in 2025. Although this marks a notable improvement, Cabo Verde still lags behind some of its peer countries, such as Cuba, with a services employment rate of 67.56. A comparison with other countries like the United Arab Emirates and Belize also highlights the gap in services employment in Cabo Verde. The country's growth trajectory suggests that services employment will continue to be a key driver of economic development in Cabo Verde, with the ongoing diversification of the economy likely to contribute to further increases in the services employment rate. However, a significant decline in global demand or changes in government policies could potentially alter this trend.
Data & projection
| Year | Services Employment | YoY change | Rank |
|---|---|---|---|
| 2028* trend | 68.03% | - | - |
| 2027* trend | 67.91% | - | - |
| 2026* trend | 67.78% | - | - |
| 2025 | 67.69% | +0.14% | #114 |
| 2024 | 67.55% | +0.17% | #114 |
| 2023 | 67.38% | +0.19% | #115 |
| 2022 | 67.20% | −0.05% | #118 |
| 2021 | 67.25% | −0.08% | #120 |
| 2020 | 67.33% | −0.27% | #122 |
| 2019 | 67.60% | +1.32% | #124 |
| 2018 | 66.28% | +1.71% | #118 |
| 2017 | 64.57% | +0.28% | #110 |
| 2016 | 64.29% | +0.30% | #109 |
| 2015 | 63.99% | +0.28% | #109 |
| 2014 | 63.71% | +0.23% | #110 |
| 2013 | 63.48% | +0.21% | #110 |
| 2012 | 63.27% | +0.21% | #110 |
| 2011 | 63.06% | +0.18% | #108 |
Detected Pattern
Analysis
Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw services employment improve within 24 months. View full analysis →
Frequently Asked Questions
Cabo Verde's services employment was 67.69% in 2025. Ranked 114th globally. This represents a 0.2% increase from the previous year.
Cabo Verde's services employment peaked at 67.69% in 2025.
The lowest services employment in Cabo Verde was 58.21% in 1991.
Cabo Verde ranks 114th globally in services employment as of 2025.
The World Bank indicator code is SL.SRV.EMPL.ZS. Data sourced from World Bank.
Cabo Verde's services employment is projected to reach 67.78% by 2026 based on trend extrapolation.
The services employment of Cabo Verde in 2025 was 67.69%. This ranks 114th in the world.
Cite this page
@misc{historysaid_cabo-verde_services-employment,
title = {Cabo Verde Services Employment},
url = {https://historysaid.com/cabo-verde/services-employment/},
publisher = {HistorySaid},
year = {2026}
}