Goods balance (credit less debit), Net (credits less debits) in Cape Verde
Cape Verde: Goods balance (credit less debit), Net (credits less debits) was -845.58 million in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
Cape Verde recorded -845.58 million for goods balance (credit less debit), net (credits less debits) in 2024.
That represents a change of up 5.3% on the previous year and down 40.5% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Cape Verde peaked at -350.12 million in 2005 and was at its lowest, -893.15 million, in 2023.
That places Cape Verde 102nd out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -350.12 million | — |
| 2006 | -458.80 million | +31.0% |
| 2007 | -661.84 million | +44.3% |
| 2008 | -713.01 million | +7.7% |
| 2009 | -670.57 million | -6.0% |
| 2010 | -682.92 million | +1.8% |
| 2011 | -843.62 million | +23.5% |
| 2012 | -650.38 million | -22.9% |
| 2013 | -616.30 million | -5.2% |
| 2014 | -601.73 million | -2.4% |
| 2015 | -470.62 million | -21.8% |
| 2016 | -532.00 million | +13.0% |
| 2017 | -659.81 million | +24.0% |
| 2018 | -683.33 million | +3.6% |
| 2019 | -665.53 million | -2.6% |
| 2020 | -660.44 million | -0.8% |
| 2021 | -710.76 million | +7.6% |
| 2022 | -779.04 million | +9.6% |
| 2023 | -893.15 million | +14.6% |
| 2024 | -845.58 million | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -570.87 million | -713.01 million | -350.12 million | 5 |
| 2010s | -640.62 million | -843.62 million | -470.62 million | 10 |
| 2020s | -777.79 million | -893.15 million | -660.44 million | 5 |
Countries ranked near Cape Verde
- 99 Togo -743.89 million compare
- 100 Seychelles -799.87 million compare
- 101 Barbados -820.85 million compare
- 103 Belize -879.52 million compare
- 104 Sint Maarten -927.19 million compare
- 105 New Caledonia -931.90 million compare
More financial sector data for Cape Verde
- Net domestic credit (current LCU), per capita 370,513 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 63.92 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 1.41 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 915.16 million SDR (2025)
- Reserves excluding gold 919.24 million SDR (2025)
- Total reserves (gold at market value) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) 919.24 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,743 SDR per person (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Cape Verde?
- Goods balance (credit less debit), net (credits less debits) in Cape Verde was -845.58 million in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Cape Verde?
- The highest recorded value was -350.12 million in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Cape Verde?
- The lowest recorded value was -893.15 million in 2023.
- How does Cape Verde rank for goods balance (credit less debit), net (credits less debits)?
- Cape Verde ranks 102nd out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Cape Verde?
- Over the last ten years it is down 40.5%. 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 Goods 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.