Monthly minimum wage (Local currency), per capita in Cape Verde

Cape Verde: Monthly minimum wage (Local currency), per capita was 0.0286 units per person in 2024. ▲ Rising

Latest (2024)
0.0286 units per person
Change on year
up 14.8%
World rank
24th
of 170 countries
All-time high
0.0286 units per person
in 2024
All-time low
0.0214 units per person
in 2017
Years of data
11
2014–2024

Monthly minimum wage (Local currency), per capita in Cape Verde, 2014–2024

00.010.020.032014201920242014: 0.021 units per person2015: 0.021 units per person2016: 0.021 units per person2017: 0.021 units per person2018: 0.025 units per person2019: 0.025 units per person2020: 0.025 units per person2021: 0.025 units per person2022: 0.025 units per person2023: 0.025 units per person2024: 0.029 units per person

Source: Statizoid (derived). Measured in units per person.

Analysis

In 2024, monthly minimum wage (local currency), per capita in Cape Verde stood at 0.0286 units per person. That is the highest value across all 11 years on record.

That represents a change of up 14.8% on the previous year and up 33.1% over ten years.

Over the whole period, monthly minimum wage (local currency), per capita in Cape Verde peaked at 0.0286 units per person in 2024 and was at its lowest, 0.0214 units per person, in 2017.

That places Cape Verde 24th out of 170 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Monthly minimum wage (Local currency), per capita in Cape Verde, year by year

Annual values for Monthly minimum wage (Local currency), per capita in Cape Verde, 2014 to 2024.
Year units per person Change
2014 0.0215 units per person
2015 0.0215 units per person -0.0%
2016 0.0215 units per person -0.0%
2017 0.0214 units per person -0.1%
2018 0.0253 units per person +18.1%
2019 0.0253 units per person -0.1%
2020 0.0253 units per person -0.1%
2021 0.0252 units per person -0.4%
2022 0.025 units per person -0.6%
2023 0.0249 units per person -0.5%
2024 0.0286 units per person +14.8%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0227 units per person 0.0214 units per person 0.0253 units per person 6
2020s 0.0258 units per person 0.0249 units per person 0.0286 units per person 5

Countries ranked near Cape Verde

  1. 21 Saint Kitts and Nevis 0.0333 units per person compare
  2. 22 Hungary 0.0306 units per person compare
  3. 23 Uzbekistan 0.0289 units per person compare
  4. 25 Chile 0.0253 units per person compare
  5. 26 Armenia 0.0247 units per person compare
  6. 27 Colombia 0.0246 units per person compare

See the full ranking of 170 places →

More work & labour data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is monthly minimum wage (local currency), per capita in Cape Verde?
Monthly minimum wage (local currency), per capita in Cape Verde was 0.0286 units per person in 2024, according to Statizoid (derived).
What is the highest monthly minimum wage (local currency), per capita recorded in Cape Verde?
The highest recorded value was 0.0286 units per person in 2024.
What is the lowest monthly minimum wage (local currency), per capita recorded in Cape Verde?
The lowest recorded value was 0.0214 units per person in 2017.
How does Cape Verde rank for monthly minimum wage (local currency), per capita?
Cape Verde ranks 24th out of 170 countries with data for 2024.
Is monthly minimum wage (local currency), per capita rising or falling in Cape Verde?
Over the last ten years it is up 33.1%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), per capita. Statizoid updates them automatically from the source API.

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Monthly minimum wage (Local currency), per capita in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-capita/cabo-verde/

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<a href="https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency-per-capita/cabo-verde/">Monthly minimum wage (Local currency), per capita in Cape Verde</a> — Statizoid

How this figure is calculated

Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Monthly minimum wage (Local currency) ÷ Population, total

Computed from

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

Indicator
Monthly minimum wage (Local currency), per capita
Unit
units per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
170 places, 3,872 data points, 1980–2025
Last refreshed

Monthly minimum wage (Local currency) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.