Cape Verde

Cape Verde experienced robust GDP growth (4.795%) in 2023, indicating economic recovery or expansion. However, this growth is paired with a high unemployment rate (11.971%), suggesting that the economic expansion is not generating enough jobs to absorb the available labor force, potentially due to reliance on capital-intensive sectors like tourism.

A remarkable 75.9% of the population lives in urban areas, reflecting significant internal migration or density. Furthermore, the 98.6% access to electricity is extremely high for a West African nation, indicating successful infrastructure development and electrification efforts across its small, scattered islands.

Cape Verde boasts a high life expectancy of 76.06 years, which is substantially higher than the African continental average (around 64 years). This figure is comparable to many developed countries and suggests strong public health infrastructure and access to care, despite the relatively modest GDP per capita.

With a fertility rate of just 1.52 children per woman, Cape Verde is well below the replacement rate (2.1). This characteristic is typical of developed or rapidly developing nations and indicates a rapidly slowing population growth and a future challenge related to an aging population structure.