Minimum Wages in Cape Verde remained unchanged at 13000 CVE/Month in 2020 from 13000 CVE/Month in 2019.

Minimum Wages in Cape Verde averaged 11857.14 CVE/Month from 2014 until 2020, reaching an all time high of 13000 CVE/Month in 2018 and a record low of 11000 CVE/Month in 2015. 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 - values, historical data and charts - was last updated on August of 2020.

Minimum Wages in Cape Verde is expected to reach 13000.00 CVE/Month by the end of 2020, 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 15000.00 CVE/Month in 2021, according to our econometric models.

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Cape Verde Minimum Wages in the Private Sector

Actual Previous Highest Lowest Dates Unit Frequency
13000.00 13000.00 13000.00 11000.00 2014 - 2020 CVE/Month Yearly

Cape Verde Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.29 12.20 21.40 10.70 percent [+]
Population 0.55 0.54 0.55 0.20 Million [+]
Labor Force Participation Rate 57.40 55.60 63.70 55.60 percent [+]
Minimum Wages 13000.00 13000.00 13000.00 11000.00 CVE/Month [+]
Unemployed Persons 26259.00 27028.00 37915.00 21168.00 Thousand [+]
Youth Unemployment Rate 24.90 27.80 41.00 21.30 percent [+]
Employed Persons 206344.00 195000.00 209725.00 177297.00 Thousand [+]
Employment Rate 50.90 48.80 54.20 48.80 percent [+]