PEST Analysis: Cabo Verde

August 2021

Cabo Verde has one of the most politically stable landscapes in Africa. Nonetheless, state finances remain distressed and have worsened owing to the Coronavirus (COVID-19) pandemic. High exposure to tourism caused a deep recession, but the economy is expected to recover in the medium term, partly supported by investment and remittances. Emigration continues and the populace is ageing quickly. Greater focus on ICT infrastructure deployment is expected to serve the islands well going forward.

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Country Profiles examine the economic and political trends in 210 countries and associated regions, serving as a one-stop-shop for data and analysis on the economy, political landscape and the business environment. This report series allows you to understand the macro-economic environment as a basis for strategic planning.

If you're in the Industry, Infrastructure and Environment industry in Cabo Verde, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty

The Industry, Infrastructure and Environment in Cabo Verde report includes:

  • Analysis of the country's political and macroeconomic stability 
  • An overview of the economic structure and major industries
  • Latest economic performance

This report answers:

  • What is the economic outlook?
  • How stable is the political environment?
  • What are the country's risks and vulnerabilities?
  • What are the best sectors for investment?
  • Where should we focus our expansion strategy?
  • Which countries are moving up the value added chain away from primary sectors?

PEST Analysis: Cabo Verde


Chart 1 Main PEST Points in Cabo Verde


Chart 2 Political Environment Dynamics in Cabo Verde Summary 1 Political Environment Analysis in Cabo Verde


Chart 3 Economic Environment Dynamics in Cabo Verde Summary 2 Economic Environment Analysis in Cabo Verde


Chart 4 Social Environment Dynamics in Cabo Verde Summary 3 Social Environment Analysis in Cabo Verde


Chart 5 Technological Environment Dynamics in Cabo Verde Summary 4 Technological Environment Analysis in Cabo Verde

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  • Analyse growth opportunities and assess market potential
  • Develop market entry/exit strategies
  • Understand the likely path of economic growth
  • Examine risks and vulnerabilities of economies to support critical decision-making


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