Services, Debit/Expenditure in Cape Verde
Cape Verde: Services, Debit/Expenditure was 297.89 million in 2024. ▼ Falling
Services, Debit/Expenditure in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Cape Verde stood at 297.89 million.
Compared with earlier readings it is up 7.0% on the previous year and down 19.1% over ten years.
Over the whole period, services, debit/expenditure in Cape Verde peaked at 373.05 million in 2018 and was at its lowest, 214.67 million, in 2005.
That places Cape Verde 177th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Services, Debit/Expenditure in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 214.67 million | — |
| 2006 | 258.98 million | +20.6% |
| 2007 | 301.38 million | +16.4% |
| 2008 | 366.45 million | +21.6% |
| 2009 | 323.15 million | -11.8% |
| 2010 | 307.85 million | -4.7% |
| 2011 | 333.88 million | +8.5% |
| 2012 | 368.30 million | +10.3% |
| 2013 | 347.30 million | -5.7% |
| 2014 | 368.25 million | +6.0% |
| 2015 | 276.45 million | -24.9% |
| 2016 | 313.05 million | +13.2% |
| 2017 | 330.24 million | +5.5% |
| 2018 | 373.05 million | +13.0% |
| 2019 | 355.44 million | -4.7% |
| 2020 | 218.53 million | -38.5% |
| 2021 | 228.61 million | +4.6% |
| 2022 | 247.99 million | +8.5% |
| 2023 | 278.31 million | +12.2% |
| 2024 | 297.89 million | +7.0% |
Cape Verde compared with similar countries
- Cape Verde's 297.89 million is below the median for upper middle income countries, which is 4.11 billion, 7% of the median. (54 countries reporting)
- Cape Verde's 297.89 million is below the median for Sub-Saharan Africa, which is 1.66 billion, 18% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 292.93 million | 214.67 million | 366.45 million | 5 |
| 2010s | 337.38 million | 276.45 million | 373.05 million | 10 |
| 2020s | 254.27 million | 218.53 million | 297.89 million | 5 |
Countries ranked near Cape Verde
- 174 Burundi 360.90 million compare
- 175 Sierra Leone 347.53 million compare
- 176 Sint Maarten (Dutch part) 330.39 million compare
- 178 Solomon Islands 248.42 million compare
- 179 Saint Kitts and Nevis 238.86 million compare
- 180 Vanuatu 229.59 million 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)
- 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 services, debit/expenditure in Cape Verde?
- Services, debit/expenditure in Cape Verde was 297.89 million in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Cape Verde?
- The highest recorded value was 373.05 million in 2018.
- What is the lowest services, debit/expenditure recorded in Cape Verde?
- The lowest recorded value was 214.67 million in 2005.
- How does Cape Verde rank for services, debit/expenditure?
- Cape Verde ranks 177th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Cape Verde?
- Over the last ten years it is down 19.1%. 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, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.