International Security Bulletin

Cape Verde

Republic of Cape Verde

Capital: Praia

History

The uninhabited islands were discovered and colonized by the Portuguese in the 15th century; Cape Verde subsequently became a trading center for African slaves and later an important coaling and resupply stop for whaling and transatlantic shipping. Following independence in 1975, and a tentative interest in unification with Guinea-Bissau, a one-party system was established and maintained until multi-party elections were held in 1990. Cape Verde continues to exhibit one of Africa's most stable democratic governments. Repeated droughts during the second half of the 20th century caused significant hardship and prompted heavy emigration. As a result, Cape Verde's expatriate population is greater than its domestic one. Most Cape Verdeans have both African and Portuguese antecedents.

Geography

Metric Units

Total Area 4,033 sq km
Land Boundaries 0 km
Border Countries No data
Coastline 965 km
Terrain steep, rugged, rocky, volcanic
Minimum Elevation 0 m
Maximum Elevation 2,829 m
Climate temperate; warm, dry summer; precipitation meager and erratic
Natural Resources salt, basalt rock, limestone, kaolin, fish, clay, gypsum
Arable Land 11.66%
Permanent Crops 0.74%

Economy

Gross Domestic Product $2.19 billion
GDP (per capita) $4,100
GDP Growth 4.8%
Unemployment Rate 21%
Population in Poverty 30%
GINI Index No data

Budget & Debt

Expenditures $724.4 million
Revenue $539.2 million
Current Account Balance $-257.9 million
External Debt $741.3 million

Trade

Exports $205.1 million
Export Items fuel, shoes, garments, fish, hides
Export Partners Spain 64.4%, Portugal 18.5% (2011)
Imports $1.04 billion
Import Items foodstuffs, industrial products, transport equipment, fuels
Import Partners Portugal 36.8%, Netherlands 25.3%, Spain 7%, Italy 5.2%, China 5.2% (2011)

People

Population 531,046
Population Growth 1.41%
Ethnic Groups Creole (mulatto) 71%, African 28%, European 1%
Religion Roman Catholic (infused with indigenous beliefs), Protestant (mostly Church of the Nazarene)
Life Expectancy 71.28 years
Infant Mortality 0.94 deaths/1,000 live births
Maternal Mortality 2.4 deaths/100,000 live births

Energy

Electricity Production 277 million kWh
Electricity Consumption 257.6 million kWh
From Fossil Fuels 96.9%
From Nuclear 0%
From Hydroelectric 0%
From Renewable Sources 3.1%