Partner risk indices

Country Risk Index

50.3

Political Risk Index

39.1

Short-Term Economic Risk Index

52.3

Long-Term Economic Risk Index

61

Operational Risk Index

55

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

Market overview

• Cabo Verde is in West Africa and is classified by the World Bank as Upper middle income. (World Bank)
• Population: 527,326 (2025). (World Bank WDI)
• GDP: US$3.1bn in 2025 (estimate). (IMF WEO)

Economic conditions

• Real GDP growth: 6.3% in 2025 (estimate); the IMF projects 5% for 2026. (IMF WEO)
• Average consumer price inflation: 2.3% in 2025 (estimate); projected 1.2% for 2026. (IMF WEO)
• General government gross debt: 115.4% of GDP in 2025 (estimate). (IMF WEO)
• Current account balance: 3.4% of GDP in 2025 (estimate). (IMF WEO)
• Government net lending/borrowing: 1.1% of GDP in 2025 (estimate). (IMF WEO)
• Official exchange rate averaged 97.86 local currency units per US dollar in 2025, against 101.8 in 2023: 3.9% more units per dollar fewer (the currency strengthened against the dollar). (World Bank WDI)

Key risks

• Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 50.3 (rank 9 of 53 in Africa, 1 = lowest risk); Political Risk Index 39.1 (rank 2 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 52.3 (rank 20 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 61 (rank 41 of 53 in Africa, 1 = lowest risk); Operational Risk Index 55 (rank 11 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
• Highest-scoring Partner risk component: logistics risk (68, operational). (Partner Research Partner)
• World Bank governance scores (2025, 0-100, higher is better): control of corruption 66; government effectiveness 63; political stability and absence of violence 81; rule of law 66; regulatory quality 56. (World Bank WGI)
• External debt stocks: 88.3% of GNI (2025). (World Bank WDI)
• Unemployment (modelled ILO estimate): 11.9% of labour force (2025). (World Bank WDI)

Investment considerations

• Foreign direct investment, net inflows: 5% of GDP (2025). (World Bank WDI)
• Domestic credit to the private sector: 54% of GDP (2025). (World Bank WDI)
• Bank lending interest rate: 7.7% (2025). (World Bank WDI)
• Trade (exports plus imports): 95.3% of GDP (2025). (World Bank WDI)
• The Meridian holds 42 published records tagged to Cabo Verde. (The Meridian)

Sector snapshot

• Energy and power: access to electricity 98.4% of population (2024); renewable share of final energy consumption 21.8% (2022). (World Bank WDI)
• Mining and minerals: mineral rents 0% of GDP (2021); ores and metals exports 0% of merchandise exports (2023). (World Bank WDI)
• Financial services: foreign direct investment, net inflows 5% of GDP (2025); bank lending interest rate 7.7% (2025). (World Bank WDI)
• Technology, media and telecoms: internet users 74.7% of population (2024); mobile subscriptions 111.8 per 100 people (2024). (World Bank WDI)
• Agriculture: agriculture, forestry and fishing, value added 5% of GDP (2025); employment in agriculture 9.2% of employment (2025). (World Bank WDI)
• Manufacturing and industry: manufacturing, value added 5.2% of GDP (2025); industry (including construction), value added 10.7% of GDP (2025). (World Bank WDI)
• Infrastructure and real estate: urban population 77.6% of population (2025); access to electricity 98.4% of population (2024). (World Bank WDI)

Data limitations and sources

• Older data, shown with its period and not described as current: Renewable share of final energy consumption (Latest published value is for 2022); Oil rents (Latest published value is for 2021); Fuel exports (Latest published value is for 2023); Mineral rents (Latest published value is for 2021); Ores and metals exports (Latest published value is for 2023).
• IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
• Sources last checked 15 Nov 2026.

Meridian transactions

• Shelter Afrique Development Bank launches XOF60bn sustainable bond on the WAEMU regional market
• Africa Finance Corporation US$2bn syndicated term loan (26 lenders): Nigerian counsel to the lenders
• African Development Bank Group invests USD 100 million in the ECOWAS Bank for Investment and Development’s (EBID) operations in West Africa
• Barclays, Commerzbank, First Abu Dhabi Bank, FirstRand and partners invest USD 2 billion in Africa Finance Corporation
• India Exim Bank’s Investment in the Africa Finance Corporation’s (AFC) Operations in Africa for USD 100 million
• Bank of Tanzania’s Investment in Africa Finance Corporation’s Operations in Africa