Workers' remittances, payments in Cape Verde

Cape Verde: Workers' remittances, payments was 6.79 million BoP, current US$ in 2011. ▲ Rising

Latest (2011)
6.79 million BoP, current US$
Change on year
up 6.3%
World rank
31st
of 34 countries
All-time high
7.59 million BoP, current US$
in 2008
All-time low
3.90 million BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, payments in Cape Verde, 2005–2011

02.0M4.0M6.0M8.0M2005200820112005: 3.9M BoP, current US$2006: 5.1M BoP, current US$2007: 4.6M BoP, current US$2008: 7.6M BoP, current US$2009: 7.1M BoP, current US$2010: 6.4M BoP, current US$2011: 6.8M BoP, current US$

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

Analysis

Cape Verde recorded 6.79 million BoP, current US$ for workers' remittances, payments in 2011.

That represents a change of up 6.3% on the previous year and up 74.0% over ten years.

Cape Verde ranks 31st of 34 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.65 million BoP, current US$ 3.90 million BoP, current US$ 7.59 million BoP, current US$ 5
2010s 6.58 million BoP, current US$ 6.38 million BoP, current US$ 6.79 million BoP, current US$ 2

Countries ranked near Cape Verde

  1. 28 Tunisia 13.07 million BoP, current US$ compare
  2. 29 Djibouti 12.86 million BoP, current US$ compare
  3. 30 Malawi 10.53 million BoP, current US$ compare
  4. 32 Namibia 3.87 million BoP, current US$ compare
  5. 33 Burundi 3.52 million BoP, current US$ compare
  6. 34 Eswatini 1.11 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 workers' remittances, payments in Cape Verde?
Workers' remittances, payments in Cape Verde was 6.79 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, payments recorded in Cape Verde?
The highest recorded value was 7.59 million BoP, current US$ in 2008.
What is the lowest workers' remittances, payments recorded in Cape Verde?
The lowest recorded value was 3.90 million BoP, current US$ in 2005.
How does Cape Verde rank for workers' remittances, payments?
Cape Verde ranks 31st out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Cape Verde?
Over the last ten years it is up 74.0%. 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, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, 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, 232 data points, 2005–2011
Last refreshed

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. This item shows payments by the reporting country. Data are in current U.S. dollars.