Net errors and omissions, Net (credits less debits), Adjusted using in Cape Verde
Cape Verde: Net errors and omissions, Net (credits less debits), Adjusted using was -20.98 million in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Cape Verde stood at -20.98 million.
The figure is down 18.4% on the previous year and down 8.9% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Cape Verde peaked at 62.91 million in 2021 and was at its lowest, -107.75 million, in 2008.
That places Cape Verde 97th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions, Net (credits less debits), Adjusted using in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.71 million | — |
| 2006 | -9.95 million | -682.9% |
| 2007 | -127,999 | -98.7% |
| 2008 | -107.75 million | +84082.7% |
| 2009 | -31.86 million | -70.4% |
| 2010 | -85.08 million | +167.0% |
| 2011 | -33.21 million | -61.0% |
| 2012 | -26.52 million | -20.1% |
| 2013 | -2.21 million | -91.6% |
| 2014 | -19.26 million | +769.8% |
| 2015 | -49.02 million | +154.5% |
| 2016 | -3.97 million | -91.9% |
| 2017 | 19.05 million | -580.2% |
| 2018 | -28.91 million | -251.8% |
| 2019 | -15.68 million | -45.7% |
| 2020 | 26.93 million | -271.7% |
| 2021 | 62.91 million | +133.6% |
| 2022 | -2.20 million | -103.5% |
| 2023 | -17.72 million | +704.6% |
| 2024 | -20.98 million | +18.4% |
Cape Verde compared with similar countries
- Cape Verde's -20.98 million is below the median for upper middle income countries, which is -19.88 million, 1.1× the median. (54 countries reporting)
- Cape Verde's -20.98 million is above the median for Sub-Saharan Africa, which is -20.98 million, 1.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -84082.7% | -127,999 | -107.75 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -29.60 million | -107.75 million | 1.71 million | 5 |
| 2010s | -24.48 million | -85.08 million | 19.05 million | 10 |
| 2020s | 9.79 million | -20.98 million | 62.91 million | 5 |
Countries ranked near Cape Verde
- 94 Solomon Islands -13.81 million compare
- 95 Saint Lucia -18.79 million compare
- 96 Burkina Faso -20.24 million compare
- 98 Madagascar -23.58 million compare
- 99 Tonga -23.98 million compare
- 100 Belize -26.23 million compare
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 net errors and omissions, net (credits less debits), adjusted using in Cape Verde?
- Net errors and omissions, net (credits less debits), adjusted using in Cape Verde was -20.98 million in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Cape Verde?
- The highest recorded value was 62.91 million in 2021.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Cape Verde?
- The lowest recorded value was -107.75 million in 2008.
- How does Cape Verde rank for net errors and omissions, net (credits less debits), adjusted using?
- Cape Verde ranks 97th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Cape Verde?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund, published as part of Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (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.