Monthly minimum wage (Local currency), annual growth rate in Cape Verde
Cape Verde: Monthly minimum wage (Local currency), annual growth rate was 15.38 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Cape Verde, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for monthly minimum wage (local currency), annual growth rate in Cape Verde is 15.38 % change on previous year, measured in 2024.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Cape Verde peaked at 18.18 % change on previous year in 2018 and was at its lowest, 0 % change on previous year, in 2015.
That places Cape Verde 31st out of 168 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 0 % change on previous year | — |
| 2016 | 0 % change on previous year | — |
| 2017 | 0 % change on previous year | — |
| 2018 | 18.18 % change on previous year | — |
| 2019 | 0 % change on previous year | -100.0% |
| 2020 | 0 % change on previous year | — |
| 2021 | 0 % change on previous year | — |
| 2022 | 0 % change on previous year | — |
| 2023 | 0 % change on previous year | — |
| 2024 | 15.38 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.64 % change on previous year | 0 % change on previous year | 18.18 % change on previous year | 5 |
| 2020s | 3.08 % change on previous year | 0 % change on previous year | 15.38 % change on previous year | 5 |
Countries ranked near Cape Verde
- 28 Slovenia 15.96 % change on previous year compare
- 29 Pakistan 15.62 % change on previous year compare
- 30 Russia 15.62 % change on previous year compare
- 31 Jamaica 15.38 % change on previous year compare
- 33 Moldova 14.55 % change on previous year compare
- 34 Belarus 13 % change on previous year compare
More work & labour data for Cape Verde
- Persons outside the labour force (ILO modelled estimates) 176.12 (2027)
- Labour force participation rate (ILO modelled estimates) 57.01 (2027)
- Labour force (ILO modelled estimates) 233.52 (2027)
- Employment-to-population ratio (ILO modelled estimates) 50.08 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.57 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 1.53 % change on previous year (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 57.0% (2025)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Cape Verde?
- Monthly minimum wage (local currency), annual growth rate in Cape Verde was 15.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Cape Verde?
- The highest recorded value was 18.18 % change on previous year in 2018.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Cape Verde?
- The lowest recorded value was 0 % change on previous year in 2015.
- How does Cape Verde rank for monthly minimum wage (local currency), annual growth rate?
- Cape Verde ranks 31st out of 168 countries with data for 2024.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.