IBOV 172,060.43 ▲ 0.42% IPC MEX 72,419.39 ▲ 0.73% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.01% USD/MXN18.60▼ 0.13% USD/CLP982.08▼ 0.22% USD/COP3,288▲ 0.40% USD/PEN3.41▼ 0.03% USD/ARS1,544▼ 0.11% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP61.08▲ 1.13% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES902.19▲ 0.19% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.19▲ 0.20% BRENT 91.86 ▲ 0.40% WTI 85.74 ▼ 0.35% IRON ORE 161.91 — — COPPER 6.25 ▲ 0.51% GOLD 4,000 ▼ 0.76% SILVER 51.69 ▲ 1.15% SOY 1,230 ▲ 0.45% CORN 448.50 ▼ 0.11% WHEAT 600.50 ▲ 1.31% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.98 ▼ 0.10% CATTLE 327.80 ▼ 0.77% LITHIUM 61.07 ▼ 0.46% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.77% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,419.39 ▲ 0.73% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.01% USD/MXN 18.61 ▼ 0.08% USD/CLP 982.08 ▼ 0.22% USD/COP 3,288 ▲ 0.40% USD/PEN 3.41 ▼ 0.03% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 61.08 ▲ 1.13% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 902.19 ▲ 0.19% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.19 ▲ 0.20% BRENT 91.86 ▲ 0.40% WTI 85.74 ▼ 0.35% IRON ORE 161.91 — — COPPER 6.25 ▲ 0.51% GOLD 4,000 ▼ 0.76% SILVER 51.69 ▲ 1.15% SOY 1,230 ▲ 0.45% CORN 448.50 ▼ 0.11% WHEAT 600.50 ▲ 1.31% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.98 ▼ 0.10% CATTLE 327.80 ▼ 0.77% LITHIUM 61.07 ▼ 0.46% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.77% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
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Thursday, November 12, 2026

Lusophone World Western Africa

Cabo Verde’s Record Tourism Highlights Economic Potential

By · · 2 min read

According to the National Statistics Institute INE, Cape Verde reached a tourism milestone by welcoming over a million visitors in 2023.

The country closed the year with 1,010,739 guests and 5,150,806 overnight stays, achieving growths of 20.9% and 26.0% over 2022.

These figures exceeded pre-pandemic levels, with a 23.4% increase in guest numbers from 2019.

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Tourists from the United Kingdom led in numbers, while visitors from Romania stayed the longest, averaging 6.5 nights.

Sal Island attracted 57.1% of all hotel visits, becoming the top choice. Guests stayed an average of five nights, and hotels saw a 52% occupancy rate.

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Tourism Minister Carlos Santos confirmed these trends, announcing over 900,000 tourists in 2023, signaling a solid recovery and a bright future for tourism.

Cabo Verde's Record Tourism Highlights Economic Potential.
Cabo Verde’s Record Tourism Highlights Economic Potential.
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Cape Verde has strategically invested in accommodation and infrastructure to keep tourism growing.

It aims to strengthen ties with European markets and attract more African visitors and from Brazil and the United States.

Tourism accounts for about 25% of Cape Verde’s GDP, mainly focusing on Sal and Boa Vista islands.

This increase in tourism indicates recovery and marks significant economic progress, making Cape Verde an emerging center for international travel.

This achievement shows the island’s charm, resilience, and importance for ongoing development and wealth.

Background

Already in 2022, tourism in Cape Verde showed a significant recovery, with a 481.5% increase, reaching a total of 785,272 visitors, according to the central bank’s annual report.

This growth marked a return to pre-pandemic levels and was notably stronger than the global tourism sector’s performance, which declined 34% in the same year.

The United Kingdom emerged as the primary source of tourists for Cape Verde at 36.6%, followed by Germany, the Netherlands, and Portugal.

Gross revenue from tourism grew by 209.7%, while gross revenue per night decreased by 41.1% to 10,729 escudos per day.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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