Wealth share of the richest 1% in Cape Verde
Cape Verde: Wealth share of the richest 1% was 27.7% in 2024. ▼ Falling
Wealth share of the richest 1% in Cape Verde, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Cape Verde recorded 27.7% for wealth share of the richest 1% in 2024.
The figure is down 2.4% over ten years.
Over the whole period, wealth share of the richest 1% in Cape Verde peaked at 39.4% in 1984 and was at its lowest, 27.7%, in 2015.
That places Cape Verde 79th out of 215 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Wealth share of the richest 1% in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 39.4% | — |
| 1981 | 39.3% | -0.1% |
| 1982 | 39.4% | +0.1% |
| 1983 | 39.4% | +0.0% |
| 1984 | 39.4% | +0.1% |
| 1985 | 39.3% | -0.2% |
| 1986 | 39.3% | +0.0% |
| 1987 | 39.3% | +0.0% |
| 1988 | 39.3% | -0.0% |
| 1989 | 39.4% | +0.2% |
| 1990 | 39.3% | -0.2% |
| 1991 | 39.4% | +0.1% |
| 1992 | 39.4% | -0.0% |
| 1993 | 39.4% | +0.0% |
| 1994 | 39.4% | +0.0% |
| 1995 | 39.4% | +0.1% |
| 1996 | 39.3% | -0.1% |
| 1997 | 39.4% | +0.1% |
| 1998 | 39.4% | +0.0% |
| 1999 | 39.4% | +0.0% |
| 2000 | 39.4% | -0.1% |
| 2001 | 39.4% | +0.1% |
| 2002 | 39.1% | -0.7% |
| 2003 | 38.7% | -1.0% |
| 2004 | 38.2% | -1.1% |
| 2005 | 37.8% | -1.1% |
| 2006 | 36.0% | -4.9% |
| 2007 | 33.4% | -7.2% |
| 2008 | 32.2% | -3.6% |
| 2009 | 31.6% | -2.0% |
| 2010 | 30.9% | -2.2% |
| 2011 | 30.3% | -1.8% |
| 2012 | 29.8% | -1.8% |
| 2013 | 29.0% | -2.7% |
| 2014 | 28.4% | -1.9% |
| 2015 | 27.7% | -2.5% |
| 2016 | 27.7% | +0.0% |
| 2017 | 27.7% | +0.0% |
| 2018 | 27.7% | +0.0% |
| 2019 | 27.7% | -0.1% |
| 2020 | 27.7% | +0.0% |
| 2021 | 27.7% | +0.0% |
| 2022 | 27.7% | +0.0% |
| 2023 | 27.7% | -0.0% |
| 2024 | 27.7% | +0.0% |
Cape Verde compared with similar countries
- Cape Verde's 27.7% is above the median for upper middle income countries, which is 27.2%, 1.0× the median. (58 countries reporting)
- Cape Verde's 27.7% is above the median for Sub-Saharan Africa, which is 26.3%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 39.4% | 39.3% | 39.4% | 10 |
| 1990s | 39.4% | 39.3% | 39.4% | 10 |
| 2000s | 36.6% | 31.6% | 39.4% | 10 |
| 2010s | 28.7% | 27.7% | 30.9% | 10 |
| 2020s | 27.7% | 27.7% | 27.7% | 5 |
Countries ranked near Cape Verde
More reference data data for Cape Verde
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0443 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0284 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0737 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0737 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1485 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2006 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.1251 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.4822 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0055 (2050)
Frequently asked questions
- What is wealth share of the richest 1% in Cape Verde?
- Wealth share of the richest 1% in Cape Verde was 27.7% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Cape Verde?
- The highest recorded value was 39.4% in 1984.
- What is the lowest wealth share of the richest 1% recorded in Cape Verde?
- The lowest recorded value was 27.7% in 2015.
- How does Cape Verde rank for wealth share of the richest 1%?
- Cape Verde ranks 79th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Cape Verde?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
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About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.