Workers' remittances, net in Cape Verde
Cape Verde: Workers' remittances, net was 169.12 million BoP, current US$ in 2011. ▲ Rising
Workers' remittances, net in Cape Verde, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2011, workers' remittances, net in Cape Verde stood at 169.12 million BoP, current US$. That is the highest value across all 7 years on record.
That represents a change of up 36.3% on the previous year and up 27.5% over ten years.
That places Cape Verde 13th out of 39 countries with data for 2011, putting it in the middle of the range.
Workers' remittances, net in Cape Verde, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 132.60 million BoP, current US$ | — |
| 2006 | 130.76 million BoP, current US$ | -1.4% |
| 2007 | 133.91 million BoP, current US$ | +2.4% |
| 2008 | 146.62 million BoP, current US$ | +9.5% |
| 2009 | 129.24 million BoP, current US$ | -11.9% |
| 2010 | 124.04 million BoP, current US$ | -4.0% |
| 2011 | 169.12 million BoP, current US$ | +36.3% |
Cape Verde compared with similar countries
- Cape Verde's 169.12 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 35.90 million BoP, current US$, 4.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 134.63 million BoP, current US$ | 129.24 million BoP, current US$ | 146.62 million BoP, current US$ | 5 |
| 2010s | 146.58 million BoP, current US$ | 124.04 million BoP, current US$ | 169.12 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 workers' remittances, net in Cape Verde?
- Workers' remittances, net in Cape Verde was 169.12 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, net recorded in Cape Verde?
- The highest recorded value was 169.12 million BoP, current US$ in 2011.
- What is the lowest workers' remittances, net recorded in Cape Verde?
- The lowest recorded value was 124.04 million BoP, current US$ in 2010.
- How does Cape Verde rank for workers' remittances, net?
- Cape Verde ranks 13th out of 39 countries with data for 2011.
- Is workers' remittances, net rising or falling in Cape Verde?
- Over the last ten years it is up 27.5%. 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 Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.