Cape Verde Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $106 million (1982 prov.); $350 per capita GNP (1982); 0% growth rate (1978)

Natural resources: salt, basalt rock, pozzo-lana, limestone, kaolin

Agriculture: main crops—corn, beans, manioc, sweet potatoes; barely self-sufficient in food

Fishing: catch 13,205 metric tons (1983); largely undeveloped but provides major source of export earnings

Major industries: salt mining

Electric power: 14,174 kW capacity (1985); 16 million kWh produced (1985); 50 kWh per capita

Exports: $1.6 million (f.o.b., 1983); fish, bananas, salt, flour

Imports: $68.1 million (c.i.f., 1983); petroleum products, corn, rice, machinery, textiles

Major trade partners: Portugal, UK, Japan, African neighbors

Budget: $20.4 million public revenue, $26.7 million current expenditures (1984)

Monetary conversion rate: 89.27 escudos=US$l (November 1984)

Fiscal year: calendar year

NOTE: The information regarding Cape Verde on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Cape Verde 1986 information contained here. All suggestions for corrections of any errors about Cape Verde 1986 should be addressed to the CIA or the source cited on each page.