Cape Verde

Cape Verde is a small island economy with few natural resources that has become one of Africa's more developed and stable democracies, relying on services, tourism, and remittances from its large diaspora.

Lacking minerals or much arable land, the archipelago has built a service-based, tourism-driven economy and is widely considered a development success.

Key Sectors

The economy is dominated by tourism, services, and remittances, with fishing and limited agriculture; most food and goods are imported.