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Cabo Verde Insightsas of Oct 2026
Population size
600 K People
Urbanization rate
68%
Population growth
0.8%
Median age
26 years
Household size
3.4 People
Education level
45 percent
GDP
2,900,000,000 USD
GDP per capita
5,500 USD
Inflation rate
2 %
Unemployment rate
12 %
Cost of living index
50 index
Income inequality (Gini)
43 index
Retail sales volume
800,000,000 USD
Retail sales per capita
1,333 USD
Disposable income per capita
3,500 USD
Spending by category - apparel
150 USD per capita
Spending by category - groceries
600 USD per capita
Spending by category - electronics
250 USD per capita
Number of retail outlets
2,500 outlets
Retail market fragmentation
80 percent
Presence of global brands
20 percent
Average commercial rent
1,800 USD/year per sqm
Property transaction volume
150 transactions
Ease of doing business index
82 rank
Business permit process time
20 days
Road density
150 km per 100 sq km
Public transport penetration
50 %
Vehicle ownership per capita
0.2 vehicles per person
E-commerce share of retail
5 %
Internet penetration
75 %
Mobile commerce usage
60 %
Retail tech startups
10 startups
Retail-related crime rate
2.5 per 1,000 population
Shoplifting incidents
500 incidents
Consumer protection score
70 index
Business compliance risk
30 index
Annual tourist arrivals
1,300,000 people
Tourist retail spending
260,000,000 USD
Airport traffic
1,500,000 passengers
Duty-free sales trends
10 percent growth
Projected retail market growth rate
4 %
Retail Destinations in Cabo Verde
Browse 0 retail destinations across Cabo Verde. Explore retail leasing opportunities, demographics, and market analytics for each location on Occupi.
Cabo Verde at a Glance
- Total Properties0
- Cities0
