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Cabo Verde

Yearbook 2007

Cape Verde. According to CountryAAH, Cape Verde has had a strong economic development for a number of years and growth for 2007 was estimated at about 7 percent. The country stands on the threshold of stepping out of the "least developed countries" category, which means that Cabo Verde can no longer rely on aid and particularly favorable trading conditions.

2007 Cabo Verde

The economy is largely based on the fast-growing tourism that attracts large investments, but the government strives for other industries such as agriculture, fishing, crafts and small industries to be able to develop with the help of tourism.

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