Tanjung Verde - KDNK Kadar Pertumbuhan Tahunan

The economy of Cape Verde advanced 6.2 percent year-on-year in the second quarter of 2019, up from 5.2 percent in the previous period, mainly boosted by internal trade (10 percent vs 5.5 percent in Q1); manufacturing (7.7 percent vs 1.9 percent) and construction (6.6 percent vs 4.3 percent). In addition, output rebounded sharply for transport (13.1 percent vs -3.3 percent) and agriculture (6.4 percent vs -1.0 percent). On the other hand, growth slowed in finance (9.8 percent vs 12 percent); real estate activities (4.1 percent vs 7.5 percent); public administration (4.6 percent vs 15.1 percent); food and accommodation services (3.5 percent vs 6.5 percent); utilities (7.1 percent vs 13.5 percent) and mining (4.5 percent vs 5.2 percent). Also, contractions were recorded in business services (-8.1 percent vs -4.6 percent); post & telecommunications (-6.7 percent vs -6.3 percent) and fisheries (-9.5 percent vs -22.5 percent).

The economy of Cape Verde advanced 5.2 percent year-on-year in the first quarter of 2019, slowing from an upwardly revised 8.2 percent expansion in the previous period. Output growth eased in manufacturing (1.9 percent vs 7.7 percent in Q4); mining (5.2 percent vs 6.9 percent); real estate and other services (7.5 percent vs 13.9 percent); and trade (5.5 percent vs 8.8 percent). Also, output shrank in fishing (-22.5 percent vs 2.5 percent); and transportation (-3.3 percent vs 0.8 percent) and contracted further in telecommunications (-6.3 percent vs -4.2 percent) and business services (-4.6 percent vs -4 percent). On the expenditure side, investment shrank 11.4 percent, after expanding 14 percent in the prior quarter while household consumption (5.3 percent vs 3.8 percent) and government spending (20.8 percent vs -6 percent) increased. Exports surged 8 percent (vs 7.4 percent in Q4) and imports advanced at a softer 2.1 percent (vs 2.3 percent in Q4).

The economy of Cape Verde advanced 7.6 percent year-on-year in the fourth quarter of 2018, quickening from a 5.0 percent expansion in the previous period. It is the fastest growth since Q1 2012, amid stronger gains in public administration (11.9 percent vs 2.7 percent in Q3) and real estate and other services (6.7 percent vs 5.3 percent). Also, output rebounded for transportation (1.8 percent vs -3.5 percent) and mining (2.7 percent vs -4.8 percent). On the expenditure side, main contributors to growth were investment (15.1 percent vs 7.2 percent), household consumption (2.9 percent vs 5.8 percent) and net trade, as exports surged 6.2 percent (vs 7.5 percent in Q3) and imports went up at a slower 2.2 percent (vs 8.0 percent in Q3). Meanwhile, government spending declined (-4.6 percent vs 0.4 percent). In 2018, the GDP expanded 5.5 percent compared to 4.0 percent in 2017.