Migrant remittance inflows in Cape Verde
Cape Verde: Migrant remittance inflows was 177.85 million current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Cape Verde, 1977–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
Cape Verde recorded 177.85 million current US$ for migrant remittance inflows in 2011. That is the highest value across all 35 years on record.
The figure is up 34.2% on the previous year and up 119.7% over ten years.
Over the whole period, migrant remittance inflows in Cape Verde peaked at 177.85 million current US$ in 2011 and was at its lowest, 20.55 million current US$, in 1983.
Cape Verde ranks 19th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 23.96 million current US$ | 23.60 million current US$ | 24.28 million current US$ | 3 |
| 1980s | 31.39 million current US$ | 20.55 million current US$ | 47.70 million current US$ | 10 |
| 1990s | 79.49 million current US$ | 59.14 million current US$ | 105.86 million current US$ | 10 |
| 2000s | 118.02 million current US$ | 80.95 million current US$ | 155.11 million current US$ | 10 |
| 2010s | 155.18 million current US$ | 132.51 million current US$ | 177.85 million current US$ | 2 |
Countries ranked near Cape Verde
More trade data for Cape Verde
- Net long-term borrowing 15.22 million BoP, current US$ (2011)
- Pesticides imports 1.36 million FAO, current US$ (2011)
- Food imports excluding fish 171.26 million FAO, current US$ (2010)
- Total agricultural imports 204.45 million FAO, current US$ (2010)
- Cereal imports 37.84 million FAO, current US$ (2010)
- Cereal imports quantity 84,489 FAO, tonnes (2010)
- Total agricultural exports 965,000 FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 105.31 million current US$ (2010)
Frequently asked questions
- What is migrant remittance inflows in Cape Verde?
- Migrant remittance inflows in Cape Verde was 177.85 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Cape Verde?
- The highest recorded value was 177.85 million current US$ in 2011.
- What is the lowest migrant remittance inflows recorded in Cape Verde?
- The lowest recorded value was 20.55 million current US$ in 1983.
- How does Cape Verde rank for migrant remittance inflows?
- Cape Verde ranks 19th out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Cape Verde?
- Over the last ten years it is up 119.7%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,