Tourism prices in Cape Verde rise 6.9% in the third quarter of 2025

Tourism prices in Cape Verde rose by 6.9% in the third quarter of 2025 compared to the same period last year. The figure highlights the strength of the sector, which continues to establish itself as one of the main pillars of the national economy, representing around 25% of the country’s GDP.

According to the latest report from the National Institute of Statistics (INE), the performance of the tourism industry remains highly concentrated on the islands of Sal and Boa Vista — the leading destinations in terms of visitor numbers and tourism revenues.

The Tourism Price Index (TPI) shows that “almost all islands recorded price increases in accommodation and restaurant services,” while other segments such as car rentals, entertainment, and culture remained largely stable.

This upward trend reflects the growing international demand and the expansion of air connectivity. In 2024, Cape Verde reached a new record of 1.2 million guests, driven by the arrival of low-cost airlines and the diversification of its tourism offerings.

The TPI measures changes in the prices of goods and services typically consumed by tourists, serving as a key indicator of competitiveness and economic sustainability in the Cape Verde tourism market.