Cabo Verde: Total natural resources rents (% of GDP)

Key figures

What the numbers say

In 2021, Cabo Verde's total natural resources rents (% of GDP) rose 6.07 percentage points on 2020 (from 11.58% to 17.66%).

Across the 30 yearly changes before that (1991 to 2020), the average change was −1.6 percentage points and a typical year strayed about 9.94 percentage points from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 27.15 percentage points in 2008 and the biggest yearly fall was 27.46 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 there is no clear straight-line trend: a straight line explains 10% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Cabo Verde had the 28th highest value of the 196 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Cabo Verde in the 2021 ranking

• Gabon — 25th of 196: 18.49%
• Mali — 26th of 196: 18.42%
• Solomon Islands — 27th of 196: 18.4%
• United Arab Emirates — 29th of 196: 17.63%
• Chile — 30th of 196: 16.9%
• New Caledonia — 31st of 196: 16.79%

What this measures

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 35 values

Total natural resources rents (% of GDP) in nearby economies

• Angola — 29.97% (2021)
• Benin — 2.3% (2021)
• Botswana — 1.04% (2021)
• Burkina Faso — 20.14% (2021)
• Burundi — 13.96% (2021)
• Cameroon — 5.53% (2021)
• Central African Republic — 10.26% (2021)
• Chad — 21.34% (2021)
• Comoros — 1.63% (2021)
• Congo, Dem. Rep. — 38.83% (2021)

More environment data for Cabo Verde

• Rural population — 117,962 (2025)
• Rural population (% of total population) — 22.37% (2025)
• Urban population — 409,364 (2025)
• Urban population (% of total population) — 77.63% (2025)
• Aquaculture production (metric tons) — 40 (2024)
• Capture fisheries production (metric tons) — 5,547 (2024)
• Total fisheries production (metric tons) — 5,587 (2024)
• Rural population growth (annual %) — -3.3% (2025)
• Urban population growth (annual %) — 1.58% (2025)
• Agricultural land (sq. km) — 999 (2024)

Reading data like this

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Questions people ask

What is Cabo Verde's total natural resources rents (% of GDP)?

17.66% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1987?

It is down 43.22 percentage points from 60.88% in 1987. The highest value was 70.36% in 1989 and the lowest 9.5% in 2015.

How does Cabo Verde rank?

28th highest of 196 economies with data for 2021.

Is the latest change in total natural resources rents (% of GDP) unusual for Cabo Verde?

In 2021, Cabo Verde's total natural resources rents (% of GDP) rose 6.07 percentage points on 2020 (from 11.58% to 17.66%). Across the 30 yearly changes before that (1991 to 2020), the average change was −1.6 percentage points and a typical year strayed about 9.94 percentage points from that (the standard deviation). This year's change was 0.8 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GDP.TOTL.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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