Exports of goods and services, Percent of GDP (Balance of Payments) in Cape Verde
Cape Verde: Exports of goods and services, Percent of GDP (Balance of Payments) was 40.45 in 2027. ▲ Rising
Exports of goods and services, Percent of GDP (Balance of Payments) in Cape Verde, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, exports of goods and services, percent of gdp (balance of payments) in Cape Verde stood at 40.45.
Compared with earlier readings it is down 3.1% on the previous year and up 1.8% over ten years.
Over the whole period, exports of goods and services, percent of gdp (balance of payments) in Cape Verde peaked at 44.72 in 2019 and was at its lowest, 21.07, in 2001.
That places Cape Verde 12th out of 45 countries with data for 2027, putting it in the top quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Exports of goods and services, Percent of GDP (Balance of Payments) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 21.31 | — |
| 2001 | 21.07 | -1.2% |
| 2002 | 23.08 | +9.6% |
| 2003 | 22.9 | -0.8% |
| 2004 | 23.25 | +1.5% |
| 2005 | 25.87 | +11.3% |
| 2006 | 34.22 | +32.3% |
| 2007 | 34.27 | +0.1% |
| 2008 | 36.08 | +5.3% |
| 2009 | 30.42 | -15.7% |
| 2010 | 34.96 | +14.9% |
| 2011 | 38.44 | +10.0% |
| 2012 | 40.94 | +6.5% |
| 2013 | 42.88 | +4.7% |
| 2014 | 43.77 | +2.1% |
| 2015 | 37.71 | -13.9% |
| 2016 | 38.72 | +2.7% |
| 2017 | 39.73 | +2.6% |
| 2018 | 43.68 | +9.9% |
| 2019 | 44.72 | +2.4% |
| 2020 | 23.18 | -48.2% |
| 2021 | 22.8 | -1.6% |
| 2022 | 37.98 | +66.6% |
| 2023 | 38.73 | +2.0% |
| 2024 | 42.5 | +9.7% |
| 2025 | 41.74 | -1.8% |
| 2026 | 41.75 | +0.0% |
| 2027 | 40.45 | -3.1% |
Cape Verde compared with similar countries
- Cape Verde's 40.45 is above the median for Sub-Saharan Africa, which is 30.37, 1.3× the median. (45 countries reporting)
- Cape Verde's 40.45 is above the median for upper middle income countries, which is 32.52, 1.2× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and services, Percent of GDP (Balance of Payments) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +66.6% | 22.8 | 37.98 |
| 2020 | -48.2% | 44.72 | 23.18 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.25 | 21.07 | 36.08 | 10 |
| 2010s | 40.56 | 34.96 | 44.72 | 10 |
| 2020s | 36.14 | 22.8 | 42.5 | 8 |
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 exports of goods and services, percent of gdp (balance of payments) in Cape Verde?
- Exports of goods and services, percent of gdp (balance of payments) in Cape Verde was 40.45 in 2027, according to International Monetary Fund.
- What is the highest exports of goods and services, percent of gdp (balance of payments) recorded in Cape Verde?
- The highest recorded value was 44.72 in 2019.
- What is the lowest exports of goods and services, percent of gdp (balance of payments) recorded in Cape Verde?
- The lowest recorded value was 21.07 in 2001.
- How does Cape Verde rank for exports of goods and services, percent of gdp (balance of payments)?
- Cape Verde ranks 12th out of 45 countries with data for 2027.
- Is exports of goods and services, percent of gdp (balance of payments) rising or falling in Cape Verde?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Exports of goods and services, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.