🇨🇻Cabo Verde Historical Inflation Calculator
Calculate purchasing power changes in Cape Verdean Escudos (CVE) from 1990-2025
🏝️ Island Nation Economic Stability
Tourism-Dependent: 75% of GDP comes from tourism, services, and trade - making inflation sensitive to global tourism trends.
Euro Peg: Cape Verdean Escudo is pegged to the Euro, providing monetary stability and low inflation.
Current Status: Inflation around 2.0% in 2024, well-controlled and stable compared to regional averages.
🏖️ About Cabo Verde's Economy
Atlantic Island Nation: 10 volcanic islands with limited natural resources but strategic location.
Service Economy: Tourism, transport, and commerce account for ~75% of GDP.
Monetary Policy: Euro peg provides stability - inflation typically 1-4% annually since 2010.
Recent Resilience: Despite COVID-19 tourism shocks, maintained relatively low inflation rates.
Data Source: World Bank, IMF, African Development Bank, and National Institute of Statistics data.