Unemployment Rate in Cape Verde decreased to 11.29 percent in 2019 from 12.20 percent in 2018.
Unemployment Rate in Cape Verde averaged 14.45 percent from 1990 until 2019, reaching an all time high of 21.40 percent in 2005 and a record low of 10.70 percent in 2010. This page provides - Cape Verde Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Unemployment Rate - values, historical data and charts - was last updated on August of 2020.
Unemployment Rate in Cape Verde is expected to reach 20.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Unemployment Rate is projected to trend around 14.40 percent in 2021 and 15.00 percent in 2022, according to our econometric models.