Current account balance excluding net official capital grants in Cape Verde
Cape Verde: Current account balance excluding net official capital grants was -16.0% in 2011. ▼ Falling
Current account balance excluding net official capital grants in Cape Verde, 2005–2011
Source: World Bank country economists. Measured in % of GDP.
Analysis
The most recent figure for current account balance excluding net official capital grants in Cape Verde is -16.0%, measured in 2011. That is the lowest value across all 7 years on record.
That represents a change of down 22.6% on the previous year and down 281.9% over ten years.
Cape Verde ranks 32nd of 41 countries on this measure, in the bottom quarter.
Current account balance excluding net official capital grants in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -4.2% | — |
| 2006 | -7.5% | +78.4% |
| 2007 | -14.9% | +99.4% |
| 2008 | -13.2% | -11.7% |
| 2009 | -15.5% | +17.5% |
| 2010 | -13.0% | -15.7% |
| 2011 | -16.0% | +22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -11.0% | -15.5% | -4.2% | 5 |
| 2010s | -14.5% | -16.0% | -13.0% | 2 |
Countries ranked near Cape Verde
More trade data for Cape Verde
- Commodity Net Export Price Index, Individual Commodities Weighted by 143.03 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 105.86 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.47 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 124.68 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 94.91 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 69.35 (2025)
- Imports of low carbon technology products, Percent of GDP 1.16 (2024)
- Imports of low carbon technology products, US dollar (World), per 60.19 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0116 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.31 million (2023)
Frequently asked questions
- What is current account balance excluding net official capital grants in Cape Verde?
- Current account balance excluding net official capital grants in Cape Verde was -16.0% in 2011, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in Cape Verde?
- The highest recorded value was -4.2% in 2005.
- What is the lowest current account balance excluding net official capital grants recorded in Cape Verde?
- The lowest recorded value was -16.0% in 2011.
- How does Cape Verde rank for current account balance excluding net official capital grants?
- Cape Verde ranks 32nd out of 41 countries with data for 2011.
- Is current account balance excluding net official capital grants rising or falling in Cape Verde?
- Over the last ten years it is down 281.9%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.