Monthly minimum wage in Cape Verde

Cape Verde: Monthly minimum wage was 15,000 in 2024. ▲ Rising

Latest (2024)
15,000
Change on year
up 15.4%
World rank
62nd
of 173 countries
All-time high
15,000
in 2024
All-time low
11,000
in 2014
Years of data
11
2014–2024

Monthly minimum wage in Cape Verde, 2014–2024

05.0k10.0k15.0k2014201920242014: 11.0k2015: 11.0k2016: 11.0k2017: 11.0k2018: 13.0k2019: 13.0k2020: 13.0k2021: 13.0k2022: 13.0k2023: 13.0k2024: 15.0k

Source: International Labour Organization.

Analysis

In 2024, monthly minimum wage in Cape Verde stood at 15,000. That is the highest value across all 11 years on record.

The figure is up 15.4% on the previous year and up 36.4% over ten years.

Over the whole period, monthly minimum wage in Cape Verde peaked at 15,000 in 2024 and was at its lowest, 11,000, in 2014.

Cape Verde ranks 62nd of 173 countries on this measure, in the middle of the range.

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

Monthly minimum wage in Cape Verde, year by year

Annual values for Monthly minimum wage (Local currency) in Cape Verde, 2014 to 2024.
Year Value Change
2014 11,000
2015 11,000 +0.0%
2016 11,000 +0.0%
2017 11,000 +0.0%
2018 13,000 +18.2%
2019 13,000 +0.0%
2020 13,000 +0.0%
2021 13,000 +0.0%
2022 13,000 +0.0%
2023 13,000 +0.0%
2024 15,000 +15.4%

Averages by decade

DecadeAverage LowestHighest Years
2010s 11,667 11,000 13,000 6
2020s 13,400 13,000 15,000 5

Countries ranked near Cape Verde

  1. 59 Sri Lanka 17,500 compare
  2. 60 Nepal 17,300 compare
  3. 61 Kenya 16,033 compare
  4. 62 Mauritius 15,000 compare
  5. 64 Syrian Arab Republic 14,760 compare
  6. 65 Bangladesh 12,500 compare

See the full ranking of 173 places →

More work & labour data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is monthly minimum wage in Cape Verde?
Monthly minimum wage in Cape Verde was 15,000 in 2024, according to International Labour Organization.
What is the highest monthly minimum wage recorded in Cape Verde?
The highest recorded value was 15,000 in 2024.
What is the lowest monthly minimum wage recorded in Cape Verde?
The lowest recorded value was 11,000 in 2014.
How does Cape Verde rank for monthly minimum wage?
Cape Verde ranks 62nd out of 173 countries with data for 2024.
Is monthly minimum wage rising or falling in Cape Verde?
Over the last ten years it is up 36.4%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from International Labour Organization, published as part of Monthly minimum wage (Local currency). Statizoid updates them automatically from the source API.

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Monthly minimum wage in Cape Verde. Statizoid, drawing on International Labour Organization. Retrieved 23 August 2026, from https://labour.statizoid.com/stat/monthly-minimum-wage-local-currency/cabo-verde/

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About this data

Indicator
Monthly minimum wage (Local currency)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
173 places, 3,960 data points, 1980–2026
Last refreshed

Data refer to the minimum monthly earnings of all employees as of December 31st of each year. Minimum wages are not reported for countries for which collective bargaining is in place for minimum wages. In cases where a national minimum wage is not mandated, the minimum wage in place in the capital or major city is used. In some cases, an average of multiple regional minimum wages is used. In countries where the minimum wage is set at the sectoral level or occupational level, the minimum wage for manufacturing or unskilled workers is generally applied. Data are converted to U.S. dollars as the common currency, using exchange rates or purchasing power parity (PPP) rates rates for private consumption expenditures. The latter series allows for international comparisons by taking account of the differences in relative prices between countries. For more information, refer to the Wages and Working Time Statistics (COND) database description.