Net current transfers in Cape Verde
Cape Verde: Net current transfers was 18.9% in 2011. βΌ Falling
Net current transfers in Cape Verde, 2005β2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
In 2011, net current transfers in Cape Verde stood at 18.9%. That is the lowest value across all 7 years on record.
That represents a change of down 8.0% on the previous year and down 34.7% over ten years.
That places Cape Verde 3rd out of 41 countries with data for 2011, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.5% | 19.5% | 28.9% | 5 |
| 2010s | 19.7% | 18.9% | 20.5% | 2 |
Countries ranked near Cape Verde
- 1 Liberia 78.8% compare
- 2 Lesotho, Kingdom of 25.8% compare
- 4 Ethiopia, The Federal Democratic Republic of 17.0% compare
- 5 Gambia 14.6% compare
- 6 Rwanda 13.7% compare
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)
- Exports of low carbon technology products, US dollar 1.31 million (2023)
- Imports of low carbon technology products, US dollar 31.59 million (2024)
- Trade balance in low carbon technology products, US dollar -33.03 million (2023)
Frequently asked questions
- What is net current transfers in Cape Verde?
- Net current transfers in Cape Verde was 18.9% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in Cape Verde?
- The highest recorded value was 28.9% in 2005.
- What is the lowest net current transfers recorded in Cape Verde?
- The lowest recorded value was 18.9% in 2011.
- How does Cape Verde rank for net current transfers?
- Cape Verde ranks 3rd out of 41 countries with data for 2011.
- Is net current transfers rising or falling in Cape Verde?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.