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Cabo Verde Unemployment Rate

Unemployment as % of total labor force  SL.UEM.TOTL.ZS

Cabo Verde's unemployment rate was 11.94% in 2025, ranked 157th globally. This represents a 40.5% increase from 2024. Data from World Bank, covering 1980–2025.

11.94% +3.44pp (+40.5%)
Year 2025 Rank #157 Global Peak 25.40% (1990) Source World Bank

Cabo Verde Unemployment Rate (1980–2025)

Overview

Cabo Verde's unemployment rate stood at 11.94% in 2025, a rise of +3.44pp from 2024. The IMF projects 8.50% by 2025. Cabo Verde ranked 157th globally.

Cabo Verde’s unemployment rate has fallen markedly since the all‑time peak of 25.40 % recorded in 1990, descending to a trough of 10.67 % in 2010 before edging slightly higher to 11.94 % in 2025, a level that places the nation 157th in the global ranking. The 46‑year series shows a long‑term downward trajectory, driven by diversification of the services sector and modest growth in tourism, yet the recent modest rise signals lingering structural constraints, such as limited industrial capacity and a small domestic market. When compared with peer economies of similar rank, Cabo Verde’s rate is marginally above French Polynesia’s 11.66 % and Guyana’s 11.96 % in the same year, suggesting that regional labor market dynamics are broadly comparable. Continued investment in vocational training and the expansion of renewable‑energy projects could help sustain the decline, while any slowdown in tourism demand would likely reverse the modest progress observed since the 2010 trough.

Data & projection

Year Unemployment Rate YoY change Rank
2030* IMF 8.50% - -
2029* IMF 8.50% - -
2028* IMF 8.50% - -
2027* IMF 8.50% - -
2026* IMF 8.50% - -
2025* IMF 8.50% - -
2025 11.94% +3.44pp #157
2024 11.88% +3.38pp #164
2023 11.88% +3.38pp #161
2022 12.24% +3.74pp #160
2021 13.93% +5.43pp #161
2020 14.65% +6.15pp #161
2019 12.12% −0.08pp #161
2018 12.17% −0.03pp #157
2017 12.24% −2.76pp #158
2016 12.09% −0.32pp #154
2015 11.92% −3.88pp #153
2014 11.69% −4.71pp #147
2013 11.40% −5.40pp #141
2012 11.15% −1.06pp #141
2011 10.96% +0.26pp #141
Show all years (1980-2025)
* IMF World Economic Outlook projection

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 unemployment rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's unemployment rate?▾

Cabo Verde's unemployment rate was 11.94% in 2025. Ranked 157th globally. This represents a 40.5% increase from the previous year.

What was the highest unemployment rate in Cabo Verde?▾

Cabo Verde's unemployment rate peaked at 25.40% in 1990.

What was the lowest unemployment rate in Cabo Verde?▾

The lowest unemployment rate in Cabo Verde was 10.67% in 2010.

How does Cabo Verde rank in unemployment rate?▾

Cabo Verde ranks 157th globally in unemployment rate as of 2025.

What is the World Bank indicator code for unemployment rate?▾

The World Bank indicator code is SL.UEM.TOTL.ZS. Data sourced from World Bank.

What is the projected unemployment rate of Cabo Verde in 2025?▾

Cabo Verde's unemployment rate is projected to reach 8.50% by 2025 based on IMF projection.

What is the unemployment rate of Cabo Verde in 2025?▾

The unemployment rate of Cabo Verde in 2025 was 11.94%. This ranks 157th in the world.

Cite this page

APA
Cabo Verde Unemployment Rate. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/cabo-verde/unemployment-rate/
BibTeX
@misc{historysaid_cabo-verde_unemployment-rate, title = {Cabo Verde Unemployment Rate}, url = {https://historysaid.com/cabo-verde/unemployment-rate/}, publisher = {HistorySaid}, year = {2026} }
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