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Cape Verde

Best Recruitment Agencies in Cape Verde

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Find top recruitment and staffing agencies in Cape Verde. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.

Cape Verde's

Economic indicators

179

World ranked

Cape Verde ranks 179 in the world by current economic output

$2.6bn

Nominal GDP (US$)

GDP reflects the overall size and economic strength of the country's economy.

102

EMEA ranked

Cape Verde is ranked 102 in EMEA by economic output in the region

GDP growth (%)

GDP growth explained

The chart compares how GDP has grown for Cape Verde, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.

2%

Current rate

▼ 1.1% reduction

Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.

Cape Verde's inflation rate

2 months

Maternity leave

Employee benefits include mandatory 22-44 days of annual leave, 2 months of maternity leave, and 30 days of sick leave.

30 days

Sick leave

Employee Leaves include Mandatory Annual leave (22-44 days), Maternity Leave (2 months), and Sick Leave (30 days). All are obligatory for employers to provide.

Cost of living

Cost of living index explained

The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.

Cape Verde's

Labor market

Cape Verde vs world population age distribution

484k

Population

Cape Verde has a population of about 484k. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.

43 hrs

Average working full time week

In Cape Verde, standard work is 38 hours/week. Overtime includes 50% additional pay, 25% for night hours, and 100% for weekends/holidays. Social security taxes are 15% for employers and 8% for employees. Income tax ranges from 16.5% to 27.5%. VAT is 15%. The 13th month pay isn't mandatory.

12%

Current percentage

▼ 0.3% reduction

Cabo Verde has a severly unhealthy unemployment rate, signalling there is significant economic problems. Between 2022 and 2023, there was a small decrease in unemployment, suggesting continued economic stability with a slight improvement in job availability

Unemployment rate

Cape Verde's

Top performing companies and industries

Top industries

  • food and beverages
  • fish processing
  • shoes and garments

Ratio of males to females (by age)

65 / 51

Male

In Cabo Verde there is a medium gap in participation rates between males and females, indicating moderate inequality with some progress towards gender parity.

Cape Verde's

Religion and ethnicity

Religion

In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.

Ethnicity

In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.