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  Cape Verde   Flag of Cape Verde
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Map of Cape Verde 

Background:

The uninhabited islands were discovered and colonized by the Portuguese in the 15th century; they subsequently became a trading center for African slaves and later an important coaling and resupply stop for whaling and transatlantic shipping. Most Cape Verdeans have both African and Portuguese antecedents. Independence was achieved in 1975.
Location:

Western Africa, group of islands in the North Atlantic Ocean, west of Senegal
Geographic coordinates:

16 00 N, 24 00 W
Map references:

Political Map of the World
Area:

total: 4,033 sq km
water: 0 sq km
land: 4,033 sq km
Area - comparative:

slightly larger than Rhode Island
Land boundaries:

0 km
Coastline:

965 km
Maritime claims:

measured from claimed archipelagic baselines
territorial sea: 12 NM
exclusive economic zone: 200 NM
contiguous zone: 24 NM
Climate:

temperate; warm, dry summer; precipitation meager and very erratic
Terrain:

steep, rugged, rocky, volcanic
Elevation extremes:

lowest point: Atlantic Ocean 0 m
highest point: Mt. Fogo 2,829 m (a volcano on Fogo Island)
Natural resources:

salt, basalt rock, limestone, kaolin, fish
Land use:

arable land: 9.68%
permanent crops: 0.5%
other: 89.82% (1998 est.)
Irrigated land:

30 sq km (1998 est.)
Natural hazards:

prolonged droughts; seasonal harmattan wind produces obscuring dust; volcanically and seismically active
Environment - current issues:

soil erosion; demand for wood used as fuel has resulted in deforestation; desertification; environmental damage has threatened several species of birds and reptiles; illegal beach sand extraction; overfishing
Environment - international agreements:

party to: Biodiversity, Climate Change, Desertification, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection
signed, but not ratified: none of the selected agreements
Geography - note:

strategic location 500 km from west coast of Africa near major north-south sea routes; important communications station; important sea and air refueling site
Population:

412,137 (July 2003 est.)
Age structure:

0-14 years: 41% (male 85,254; female 83,716)
15-64 years: 52.3% (male 103,690; female 111,992)
65 years and over: 6.7% (male 10,498; female 16,987) (2003 est.)
Median age:

total: 18.7 years
male: 17.9 years
female: 19.6 years (2002)
Population growth rate:

0.79% (2003 est.)
Birth rate:

26.95 births/1,000 population (2003 est.)
Death rate:

6.86 deaths/1,000 population (2003 est.)
Net migration rate:

-12.16 migrant(s)/1,000 population (2003 est.)
Sex ratio:

at birth: 1.03 male(s)/female
under 15 years: 1.02 male(s)/female
15-64 years: 0.93 male(s)/female
65 years and over: 0.62 male(s)/female
total population: 0.94 male(s)/female (2003 est.)
Infant mortality rate:

total: 50.5 deaths/1,000 live births
female: 45.01 deaths/1,000 live births (2003 est.)
male: 55.83 deaths/1,000 live births
Life expectancy at birth:

total population: 69.83 years
male: 66.53 years
female: 73.23 years (2003 est.)
Total fertility rate:

3.77 children born/woman (2003 est.)
Nationality:

noun: Cape Verdean(s)
adjective: Cape Verdean
Ethnic groups:

Creole (mulatto) 71%, African 28%, European 1%
Religions:

Roman Catholic (infused with indigenous beliefs); Protestant (mostly Church of the Nazarene)
Languages:

Portuguese, Crioulo (a blend of Portuguese and West African words)
Literacy:

definition: age 15 and over can read and write
total population: 76.6%
male: 85.8%
female: 69.2% (2003 est.)
Economy - overview:

This island economy suffers from a poor natural resource base, including serious water shortages exacerbated by cycles of long-term drought. The economy is service-oriented, with commerce, transport, tourism, and public services accounting for 72% of GDP. Although nearly 70% of the population lives in rural areas, the share of agriculture in GDP in 2001 was only 11%, of which fishing accounts for 1.5%. About 82% of food must be imported. The fishing potential, mostly lobster and tuna, is not fully exploited. Cape Verde annually runs a high trade deficit, financed by foreign aid and remittances from emigrants; remittances supplement GDP by more than 20%. Economic reforms are aimed at developing the private sector and attracting foreign investment to diversify the economy. Prospects for 2003 depend heavily on the maintenance of aid flows, tourism, remittances, and the momentum of the government's development program.
GDP:

purchasing power parity - $600 million (2002 est.)
GDP - real growth rate:

4% (2002 est.)
GDP - per capita:

purchasing power parity - $1,400 (2002 est.)
GDP - composition by sector:

agriculture: 11%
industry: 17%
services: 72% (2001)
Population below poverty line:

30% (2000)
Household income or consumption by percentage share:

lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):

3% (2002)
Labor force:

NA
Unemployment rate:

21% (2000 est.)
Budget:

revenues: $112 million
expenditures: $198 million, including capital expenditures of $NA (2000)
Industries:

food and beverages, fish processing, shoes and garments, salt mining, ship repair
Industrial production growth rate:

NA%
Electricity - production:

42.03 million kWh (2001)
Electricity - production by source:

fossil fuel: 100%
hydro: 0%
other: 0% (2001)
nuclear: 0%
Electricity - consumption:

39.08 million kWh (2001)
Electricity - exports:

0 kWh (2001)
Electricity - imports:

0 kWh (2001)
Oil - production:

0 bbl/day (2001 est.)
Oil - consumption:

2,000 bbl/day (2001 est.)
Oil - exports:

NA (2001)
Oil - imports:

NA (2001)
Agriculture - products:

bananas, corn, beans, sweet potatoes, sugarcane, coffee, peanuts; fish
Exports:

$30 million f.o.b. (2002 est.)
Exports - commodities:

fuel, shoes, garments, fish, hides
Exports - partners:

Portugal 53.3%, UK 26.6%, US 13.3%, Germany, Guinea-Bissau (2001)
Imports:

$220 million f.o.b. (2002 est.)
Imports - commodities:

foodstuffs, industrial products, transport equipment, fuels
Imports - partners:

Portugal 54.0%, Netherlands 10.5%, Italy 6.5%, Germany, France, UK (2001)
Debt - external:

$325 million (2002)
Economic aid - recipient:

$136 million (1999)
Currency:

Cape Verdean escudo (CVE)
Currency code:

CVE
Exchange rates:

Cape Verdean escudos (CVE) per US dollar - NA (2002), 123.21 (2001), 115.88 (2000), 102.7 (1999), 98.16 (1998)
Fiscal year:

calendar year