Minimum Wages in Cape Verde remained unchanged at 13000 CVE/Month in 2019 from 13000 CVE/Month in 2018. Minimum Wages in Cape Verde averaged 11666.67 CVE/Month from 2014 until 2019, reaching an all time high of 13000 CVE/Month in 2018 and a record low of 11000 CVE/Month in 2015.

Minimum Wages in Cape Verde is expected to be 13000.00 CVE/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Minimum Wages in the Private Sector is projected to trend around 17000.00 CVE/Month in 2020, according to our econometric models.

Cape Verde Minimum Wages in the Private Sector
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Cape Verde Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.20 12.20 21.40 10.70 percent [+]
Population 0.55 0.54 0.55 0.20 Million [+]
Labor Force Participation Rate 55.60 59.20 63.70 55.60 percent [+]
Minimum Wages 13000.00 13000.00 13000.00 11000.00 CVE/Month [+]
Unemployed Persons 27028.00 28424.00 37915.00 21168.00 Thousand [+]
Youth Unemployment Rate 32.40 41.00 41.00 21.30 percent [+]
Employed Persons 195000.00 203775.00 209725.00 177297.00 Thousand [+]
Employment Rate 48.80 51.90 54.20 48.80 percent [+]


Cape Verde Minimum Wages in the Private Sector

This page provides - Cape Verde Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Minimum Wages in the Private Sector - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
13000.00 13000.00 13000.00 11000.00 2014 - 2019 CVE/Month Yearly




Country Last Previous
Argentina 11900.00 May/19
Australia 719.20 Jul/18
Brazil 998.00 May/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/17
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Mar/19
Netherlands 1615.80 Jun/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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