Cape Verde: Poverty at 1.90 USD per day

The latest value from 2015 is 14.6 percent, a decline from 26.2 percent in 2007. In comparison, the world average is 7.84 percent, based on data from 86 countries. Historically, the average for Cape Verde from 2001 to 2015 is 25.97 percent. The minimum value, 14.6 percent, was reached in 2015 while the maximum of 37.1 percent was recorded in 2001. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.