Cabo Verde, with a population of around 600,000 and a GDP of about $2.2 billion in 2023, has a diverse economy driven by tourism, services, and remittances. The per capita income is approximately $3,700. The archipelago is known for its beautiful landscapes and has made significant strides in developing its tourism sector.
Recent investments in infrastructure and renewable energy are boosting economic opportunities. Despite limited natural resources, Cabo Verde’s strategic location and improved business environment make it an attractive destination for foreign direct investment (FDI).