in Short
Cape Verde: 6% economic growth in 2024, according to the IMF
The IMF forecasts a robust 6% growth for Cape Verde in 2024, driven by the revival of tourism, dynamic exports, and growing private consumption. Inflation is expected to remain below 2%, comparable to the Eurozone. The country also benefits from solid economic reforms and international support, with disbursements totaling $9.32 million. However, it remains vulnerable to external shocks, including economic and climate-related ones.