Capital account balance (credit less debit), Net (credits less) in Cape Verde
Cape Verde: Capital account balance (credit less debit), Net (credits less) was 25.21 million in 2024. ▼ Falling
Capital account balance (credit less debit), Net (credits less debits) in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, capital account balance (credit less debit), net (credits less debits) in Cape Verde stood at 25.21 million.
That represents a change of up 34.8% on the previous year and up 212.3% over ten years.
Over the whole period, capital account balance (credit less debit), net (credits less debits) in Cape Verde peaked at 44.26 million in 2009 and was at its lowest, 6.40 million, in 2013.
Cape Verde ranks 97th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Capital account balance (credit less debit), Net (credits less) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 20.72 million | — |
| 2006 | 17.47 million | -15.7% |
| 2007 | 27.02 million | +54.7% |
| 2008 | 26.71 million | -1.1% |
| 2009 | 44.26 million | +65.7% |
| 2010 | 38.25 million | -13.6% |
| 2011 | 10.98 million | -71.3% |
| 2012 | 13.02 million | +18.6% |
| 2013 | 6.40 million | -50.8% |
| 2014 | 8.07 million | +26.0% |
| 2015 | 19.01 million | +135.6% |
| 2016 | 12.67 million | -33.4% |
| 2017 | 16.08 million | +27.0% |
| 2018 | 17.71 million | +10.1% |
| 2019 | 12.59 million | -28.9% |
| 2020 | 23.21 million | +84.3% |
| 2021 | 28.79 million | +24.0% |
| 2022 | 22.18 million | -23.0% |
| 2023 | 18.70 million | -15.7% |
| 2024 | 25.21 million | +34.8% |
Cape Verde compared with similar countries
- Cape Verde's 25.21 million is above the median for upper middle income countries, which is 10.52 million, 2.4× the median. (52 countries reporting)
- Cape Verde's 25.21 million is below the median for Sub-Saharan Africa, which is 185.64 million, 14% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.23 million | 17.47 million | 44.26 million | 5 |
| 2010s | 15.48 million | 6.40 million | 38.25 million | 10 |
| 2020s | 23.62 million | 18.70 million | 28.79 million | 5 |
Countries ranked near Cape Verde
More financial sector data for Cape Verde
- Reserve position in the IMF, US dollar, annual growth rate 7.55 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 9.88 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 7.21 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.55 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 9.88 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.42 % change on previous year (2025)
Frequently asked questions
- What is capital account balance (credit less debit), net (credits less debits) in Cape Verde?
- Capital account balance (credit less debit), net (credits less debits) in Cape Verde was 25.21 million in 2024, according to International Monetary Fund.
- What is the highest capital account balance (credit less debit), net (credits less debits) recorded in Cape Verde?
- The highest recorded value was 44.26 million in 2009.
- What is the lowest capital account balance (credit less debit), net (credits less debits) recorded in Cape Verde?
- The lowest recorded value was 6.40 million in 2013.
- How does Cape Verde rank for capital account balance (credit less debit), net (credits less debits)?
- Cape Verde ranks 97th out of 193 countries with data for 2024.
- Is capital account balance (credit less debit), net (credits less debits) rising or falling in Cape Verde?
- Over the last ten years it is up 212.3%. 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 Capital account balance (credit less debit), Net (credits less debits) (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.