Total current account debit/expenditure, Debit/Expenditure in Cape Verde
Cape Verde: Total current account debit/expenditure, Debit/Expenditure was 1.62 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Cape Verde stood at 1.62 billion. That is the highest value across all 20 years on record.
The figure is up 4.6% on the previous year and up 17.7% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Cape Verde peaked at 1.62 billion in 2024 and was at its lowest, 725.85 million, in 2005.
Cape Verde ranks 173rd of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 725.85 million | — |
| 2006 | 907.85 million | +25.1% |
| 2007 | 1.20 billion | +31.7% |
| 2008 | 1.37 billion | +14.1% |
| 2009 | 1.22 billion | -10.9% |
| 2010 | 1.28 billion | +4.9% |
| 2011 | 1.55 billion | +21.7% |
| 2012 | 1.33 billion | -14.2% |
| 2013 | 1.29 billion | -3.4% |
| 2014 | 1.38 billion | +6.9% |
| 2015 | 1.00 billion | -27.1% |
| 2016 | 1.13 billion | +12.5% |
| 2017 | 1.32 billion | +16.7% |
| 2018 | 1.45 billion | +10.2% |
| 2019 | 1.41 billion | -3.1% |
| 2020 | 1.12 billion | -20.2% |
| 2021 | 1.22 billion | +8.5% |
| 2022 | 1.41 billion | +15.6% |
| 2023 | 1.55 billion | +9.9% |
| 2024 | 1.62 billion | +4.6% |
Cape Verde compared with similar countries
- Cape Verde's 1.62 billion is below the median for upper middle income countries, which is 22.86 billion, 7% of the median. (54 countries reporting)
- Cape Verde's 1.62 billion is below the median for Sub-Saharan Africa, which is 8.29 billion, 20% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.08 billion | 725.85 million | 1.37 billion | 5 |
| 2010s | 1.31 billion | 1.00 billion | 1.55 billion | 10 |
| 2020s | 1.38 billion | 1.12 billion | 1.62 billion | 5 |
Countries ranked near Cape Verde
- 170 Saint Lucia 1.80 billion compare
- 171 Sint Maarten (Dutch part) 1.77 billion compare
- 172 East Timor 1.71 billion compare
- 174 Gambia 1.59 billion compare
- 175 Antigua and Barbuda 1.57 billion compare
- 176 Faroe Islands 1.49 billion 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 total current account debit/expenditure, debit/expenditure in Cape Verde?
- Total current account debit/expenditure, debit/expenditure in Cape Verde was 1.62 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Cape Verde?
- The highest recorded value was 1.62 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Cape Verde?
- The lowest recorded value was 725.85 million in 2005.
- How does Cape Verde rank for total current account debit/expenditure, debit/expenditure?
- Cape Verde ranks 173rd out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 17.7%. 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, published as part of Total current account debit/expenditure, 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.