Official current transfers, net in Cape Verde
Cape Verde: Official current transfers, net was 69.70 million BoP, current US$ in 2011. ▲ Rising
Latest (2011)
69.70 million BoP, current US$
Change on year
down 34.2%
World rank
25th
of 33 countries
All-time high
106.00 million BoP, current US$
in 2010
All-time low
47.74 million BoP, current US$
in 2006
Years of data
7
2005–2011
Official current transfers, net in Cape Verde, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2011, official current transfers, net in Cape Verde stood at 69.70 million BoP, current US$.
That represents a change of down 34.2% on the previous year and up 44.9% over ten years.
Cape Verde ranks 25th of 33 countries on this measure, in the bottom quarter.
Official current transfers, net in Cape Verde, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 48.11 million BoP, current US$ | — |
| 2006 | 47.74 million BoP, current US$ | -0.8% |
| 2007 | 68.57 million BoP, current US$ | +43.6% |
| 2008 | 103.56 million BoP, current US$ | +51.0% |
| 2009 | 87.38 million BoP, current US$ | -15.6% |
| 2010 | 106.00 million BoP, current US$ | +21.3% |
| 2011 | 69.70 million BoP, current US$ | -34.2% |
Cape Verde compared with similar countries
- Cape Verde's 69.70 million BoP, current US$ is below the median for upper middle income countries, which is 160.03 million BoP, current US$, 44% of the median. (6 countries reporting)
- Cape Verde's 69.70 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 188.54 million BoP, current US$, 37% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.07 million BoP, current US$ | 47.74 million BoP, current US$ | 103.56 million BoP, current US$ | 5 |
| 2010s | 87.85 million BoP, current US$ | 69.70 million BoP, current US$ | 106.00 million BoP, current US$ | 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 official current transfers, net in Cape Verde?
- Official current transfers, net in Cape Verde was 69.70 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest official current transfers, net recorded in Cape Verde?
- The highest recorded value was 106.00 million BoP, current US$ in 2010.
- What is the lowest official current transfers, net recorded in Cape Verde?
- The lowest recorded value was 47.74 million BoP, current US$ in 2006.
- How does Cape Verde rank for official current transfers, net?
- Cape Verde ranks 25th out of 33 countries with data for 2011.
- Is official current transfers, net rising or falling in Cape Verde?
- Over the last ten years it is up 44.9%. 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, Balance of Payments Statistics Yearbook and data files, published as part of Official current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.