Official current transfers, payments in Cape Verde

Cape Verde: Official current transfers, payments was 1.84 million BoP, current US$ in 2011. ▼ Falling

Latest (2011)
1.84 million BoP, current US$
Change on year
down 44.7%
World rank
25th
of 34 countries
All-time high
5.67 million BoP, current US$
in 2007
All-time low
1.84 million BoP, current US$
in 2011
Years of data
7
2005–2011

Official current transfers, payments in Cape Verde, 2005–2011

2.0M3.0M4.0M5.0M6.0M2005200820112005: 2.0M BoP, current US$2006: 4.0M BoP, current US$2007: 5.7M BoP, current US$2008: 2.7M BoP, current US$2009: 2.0M BoP, current US$2010: 3.3M BoP, current US$2011: 1.8M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Cape Verde recorded 1.84 million BoP, current US$ for official current transfers, payments in 2011. That is the lowest value across all 7 years on record.

That represents a change of down 44.7% on the previous year and down 7.7% over ten years.

Cape Verde ranks 25th of 34 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.27 million BoP, current US$ 1.98 million BoP, current US$ 5.67 million BoP, current US$ 5
2010s 2.58 million BoP, current US$ 1.84 million BoP, current US$ 3.33 million BoP, current US$ 2

Countries ranked near Cape Verde

  1. 22 Mozambique 4.89 million BoP, current US$ compare
  2. 23 Burkina Faso 4.34 million BoP, current US$ compare
  3. 24 Benin 3.55 million BoP, current US$ compare
  4. 26 Mauritius 1.53 million BoP, current US$ compare
  5. 27 Gambia 1.23 million BoP, current US$ compare
  6. 28 Sierra Leone 1.18 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is official current transfers, payments in Cape Verde?
Official current transfers, payments in Cape Verde was 1.84 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, payments recorded in Cape Verde?
The highest recorded value was 5.67 million BoP, current US$ in 2007.
What is the lowest official current transfers, payments recorded in Cape Verde?
The lowest recorded value was 1.84 million BoP, current US$ in 2011.
How does Cape Verde rank for official current transfers, payments?
Cape Verde ranks 25th out of 34 countries with data for 2011.
Is official current transfers, payments rising or falling in Cape Verde?
Over the last ten years it is down 7.7%. 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, published as part of Official current transfers, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Official current transfers, payments (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 231 data points, 2005–2011
Last refreshed

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.