Welcome to your guide to the Cabo Verde job market. Finding the right job or candidate requires solid data. Here you will find key figures on employment, salaries and the economy to support your next career step or recruitment decision in Cabo Verde.
Job market overview
| Key metric | Current value |
|---|---|
| Total population | 555,987 residents |
| Employment rate | 54.4% |
| Unemployment rate | 8.5%Moderate to higher unemployment – strong, specific skills help you stand out. |
With an unemployment rate of 8.5%, Cabo Verde has a more balanced labor market. Candidates should highlight specialized skills and experience.
Living & working in Cabo Verde: salaries and cost of living
Before relocating or applying for jobs in Cabo Verde, consider these key economic factors:
| Indicator | Value | Compared with the U.S. |
|---|---|---|
| Average monthly salary | 555 USD | 12% of the U.S. averagesignificantly lower |
| Purchasing power | 23.1 | weaker (U.S. = 100) |
With a purchasing power index of 23.1, the average monthly salary of 555 USD supports a budget-conscious lifestyle in Cabo Verde. Always compare an offer with local rents and living costs in the specific city.
Top industries & employers in CV
| Leading industry | Agriculture, Fishing |
| Growth sector | Manufacturing |
| Service sector | Tourism, Services |
| Major employers | Electra, Banco Comercial do Atlântico, Cabo Verde Airlines |
Job seekers will usually find the most openings in Agriculture, Fishing, while Manufacturing offers growth potential.
Working in Cabo Verde – FAQ
What's the employment situation in Cabo Verde?
Cabo Verde has a population of about 555,987. The employment rate is 54.4%. The unemployment rate currently stands at 8.5%.
Which are the top companies in Cabo Verde?
Large employers in Cabo Verde include Electra, Banco Comercial do Atlântico, Cabo Verde Airlines.
How far does a salary go in Cabo Verde?
The purchasing power index for Cabo Verde is 23.1 (U.S. = 100), which means the cost of living should be weighed carefully when comparing job offers.
How can I find jobs in Cabo Verde?
Browse the latest international openings on Cityjobs and filter by country or remote work. Employers post directly, and you apply with the employer.
Which industries matter most in Cabo Verde?
Agriculture, Fishing is the leading industry, while Manufacturing is an important growth sector, alongside Tourism, Services.
Data sources & methodology
The figures in this guide are compiled from these public sources:
- Employment & economic data: World Bank Indicators
- Cost of living & salaries: Numbeo Cost of Living Database
