Average Salary in Cabo Verde 2026
Currency: CVE · Updated for 2026
How much money does a person working in Cabo Verde make?
Average Monthly Salary
49,062 CVE
( 588,744 CVE yearly )
~ 481 USD per month ( 5,772 USD yearly )
LOW
12,240 CVE
120 USD
AVERAGE
49,062 CVE
481 USD
HIGH
171,768 CVE
1,684 USD
A person working in Cabo Verde typically earns around 49,062 CVE per month. Salaries range from 12,240 CVE (lowest average) to 171,768 CVE (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Cabo Verde
Median and salary distribution monthly Cabo Verde
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What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated.
The median (43,146 CVE) represents the middle salary value — 50% earn more and 50% earn less. The average (49,062 CVE) is the sum of all salaries divided by the number of workers, and can be skewed by extremely high or low salaries.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
- 0–2 Years (Entry Level)294,372 CVE
- 2–5 Years (Junior)382,704 CVE
- 5–10 Years (Mid-Career)500,412 CVE
- 10–15 Years (Experienced)588,744 CVE
- 15+ Years (Senior)706,452 CVE
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average +30% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average +31% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by +18% and an additional +20% for those who have crossed the 15 years mark.
“On average, a person's salary doubles their starting salary by the time they cross the 10 years experience mark.”
Salary Comparison By Education
How does the education level affect your salary?
- High School353,226 CVE
- Certificate412,080 CVE
- Associate471,036 CVE
- Bachelor's588,744 CVE
- Master's706,452 CVE
- PhD824,262 CVE
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High School → Certificate
+17%
Certificate → Bachelor's
+43%
Bachelor's → Master's
+20%
Master's → PhD
+17%
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average +17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn +43% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are +20% more than those with a Bachelor's Degree.
Finally, PhD holders earn +17% more than Master's Degree holders on average.
Salary Comparison By Gender
Salary comparison by gender monthly Cabo Verde
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Cabo Verde earn 12% more than their female counterparts on average across all sectors.
Average Annual Salary Increment Percentage in Cabo Verde
How much are annual salary increments? How often do employees get salary raises?
7%
Average Raise
18 months
Review Frequency
8%
Annualized Increase
Employees in Cabo Verde are likely to observe a salary increase of approximately 7% every 18 months.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
The average salary increase in one year (12 months) in Cabo Verde is 8%.
Bonus and Incentive Rates in Cabo Verde
How much and how often are bonuses being awarded?
56%
Received Bonus
44%
No Bonus
56% of surveyed staff in Cabo Verde reported receiving at least one form of monetary bonus.
Average Bonus Rate
8%
of annual salary
Types of Bonuses Considered:
• Individual Performance-Based Bonuses
• Company Performance Bonuses
• Goal-Based Bonuses
• Holiday / End of Year Bonuses
Top 5 Highest Paying Industries
Annual average salaries
- Legal794,784 CVE
- Aviation765,408 CVE
- Information Technology765,408 CVE
- Banking735,930 CVE
- Pharmaceuticals735,930 CVE
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Salaries for Popular Jobs
Sample job titles and their average salaries
| Job Title | Annual Salary | Monthly Salary |
|---|---|---|
| Surgeon | 1,471,860 CVE | 122,706 CVE |
| Pilot | 1,177,488 CVE | 98,124 CVE |
| Software Developer | 1,059,780 CVE | 88,332 CVE |
| Data Scientist | 1,000,824 CVE | 83,436 CVE |
| Financial Manager | 941,970 CVE | 78,540 CVE |
| Database Administrator | 883,116 CVE | 73,644 CVE |
| Engineer | 824,262 CVE | 68,646 CVE |
| Marketing Manager | 765,408 CVE | 63,750 CVE |
| Project Manager | 735,930 CVE | 61,302 CVE |
| Accountant | 647,598 CVE | 53,958 CVE |
| Hotel Manager | 588,744 CVE | 49,062 CVE |
| Nurse | 529,890 CVE | 44,166 CVE |
| Graphic Designer | 500,412 CVE | 41,718 CVE |
| Chef | 441,558 CVE | 36,822 CVE |
| Teacher | 412,080 CVE | 34,374 CVE |
Salary Comparison By City
Average annual salaries by city
| City | Average Salary |
|---|---|
| Praia | 677,076 CVE |
| Mindelo | 618,222 CVE |
Government vs Private Sector Salary Comparison
Where can you get paid more?
46,614 CVE
Private Sector
51,510 CVE
Public Sector
+11%
Public sector employees in Cabo Verde earn 11% more than their private sector counterparts on average across all sectors.
Average Hourly Wage in Cabo Verde
306 CVE
per hour
The average hourly wage (pay per hour) in Cabo Verde is 306 CVE. This means that the average person in Cabo Verde earns approximately 306 CVE for every worked hour. Hourly Wage = Annual Salary ÷ (52 × 5 × 8)
Cost of Living in Cabo Verde
Estimated monthly expenses
Rent
5,610 CVE
/month
Food
1,836 CVE
/month
Transport
714 CVE
/month
Utilities
918 CVE
/month
Compare Your Salary
See how your salary compares with the average in Cabo Verde and explore top-paying jobs.