Cape Verde’s economy is service-oriented, driven by tourism, remittances, and light industry. Limited natural resources and reliance on imports constrain growth. Government policies focus on economic diversification and renewable energy. Regulatory frameworks are improving, supporting a business-friendly environment. Society enjoys political stability and relatively high living standards. Education is well-developed, contributing to a skilled workforce. Climate change, particularly rising sea levels and drought, threatens agriculture and tourism. Healthcare services are accessible but limited in capacity.
