Primary income balance (credit less debit), Net (credits less debits) in Cape Verde
Cape Verde: Primary income balance (credit less debit), Net (credits less debits) was -46.52 million in 2024. ▲ Rising
Primary income balance (credit less debit), Net (credits less debits) in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income balance (credit less debit), net (credits less debits) in Cape Verde stood at -46.52 million.
The figure is down 45.9% on the previous year and up 49.7% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Cape Verde peaked at -27.88 million in 2022 and was at its lowest, -92.48 million, in 2014.
That places Cape Verde 60th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income balance (credit less debit), Net (credits less debits) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -33.51 million | — |
| 2006 | -40.31 million | +20.3% |
| 2007 | -32.15 million | -20.2% |
| 2008 | -48.03 million | +49.4% |
| 2009 | -43.01 million | -10.5% |
| 2010 | -79.10 million | +83.9% |
| 2011 | -71.78 million | -9.3% |
| 2012 | -74.62 million | +4.0% |
| 2013 | -64.74 million | -13.2% |
| 2014 | -92.48 million | +42.9% |
| 2015 | -59.15 million | -36.0% |
| 2016 | -59.20 million | +0.1% |
| 2017 | -60.64 million | +2.4% |
| 2018 | -46.53 million | -23.3% |
| 2019 | -42.42 million | -8.8% |
| 2020 | -38.32 million | -9.7% |
| 2021 | -28.62 million | -25.3% |
| 2022 | -27.88 million | -2.6% |
| 2023 | -31.88 million | +14.3% |
| 2024 | -46.52 million | +45.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -39.40 million | -48.03 million | -32.15 million | 5 |
| 2010s | -65.07 million | -92.48 million | -42.42 million | 10 |
| 2020s | -34.64 million | -46.52 million | -27.88 million | 5 |
Countries ranked near Cape Verde
- 57 Palau -16.56 million compare
- 58 Montenegro -23.28 million compare
- 59 Turks and Caicos Islands -31.89 million compare
- 61 Sint Maarten (Dutch part) -49.04 million compare
- 62 Sierra Leone -53.80 million compare
- 63 Namibia -53.96 million compare
More financial sector data for Cape Verde
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 53.37 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.2994 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,735 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 53.08 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,743 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 53.08 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,743 SDR per person (2025)
- Total reserves (gold at national valuation) (SDR), annual growth rate 53.08 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,743 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 44.9 % change on previous year (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Cape Verde?
- Primary income balance (credit less debit), net (credits less debits) in Cape Verde was -46.52 million in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Cape Verde?
- The highest recorded value was -27.88 million in 2022.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Cape Verde?
- The lowest recorded value was -92.48 million in 2014.
- How does Cape Verde rank for primary income balance (credit less debit), net (credits less debits)?
- Cape Verde ranks 60th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Cape Verde?
- Over the last ten years it is up 49.7%. 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, published as part of Primary income 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.