Cape Verde

Economic sectors

In 1998 the contribution to the GDP by sector was agriculture, 13 percent; industry, 19 percent; and services, 68 percent. The economy has also been bolstered by expatriate

remittances, which are equivalent to 16 percent of the GDP, and grants from donors, equivalent to 18 percent of the GDP. In 1993, agriculture employed an estimated 24 percent of the working population, industry employed 25 percent, and services engaged 51 percent of the workforce. Approximately 24 percent of the labor force was unemployed in 1999.