Cape Verdean economy grew 8.5% in the second quarter – Medafrica Times

Cape Verde’s Gross Domestic Product (GDP) grew by 8.5% in real terms in the second quarter of 2024, according to the National Statistics Institute (INE) report released on October 6. This growth rate is 2.4 percentage points lower than the first quarter of 2024.
On the supply side, the Gross Value Added (GVA) at basic prices increased by 8.8% year-on-year, driven by sectors like…