Primary income, Credit/Revenue (US dollar) in Cape Verde
Cape Verde: Primary income, Credit/Revenue (US dollar) was 49.87 million in 2024. ▲ Rising
Primary income, Credit/Revenue in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income, credit/revenue in Cape Verde stood at 49.87 million. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 28.1% on the previous year and up 257.1% over ten years.
Over the whole period, primary income, credit/revenue in Cape Verde peaked at 49.87 million in 2024 and was at its lowest, 12.38 million, in 2015.
That places Cape Verde 171st out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income, Credit/Revenue (US dollar) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 19.22 million | — |
| 2006 | 19.06 million | -0.8% |
| 2007 | 26.72 million | +40.1% |
| 2008 | 27.68 million | +3.6% |
| 2009 | 22.66 million | -18.1% |
| 2010 | 13.90 million | -38.7% |
| 2011 | 14.29 million | +2.8% |
| 2012 | 12.56 million | -12.1% |
| 2013 | 13.86 million | +10.4% |
| 2014 | 13.96 million | +0.7% |
| 2015 | 12.38 million | -11.4% |
| 2016 | 24.58 million | +98.6% |
| 2017 | 30.15 million | +22.6% |
| 2018 | 34.75 million | +15.2% |
| 2019 | 34.18 million | -1.6% |
| 2020 | 25.32 million | -25.9% |
| 2021 | 21.28 million | -16.0% |
| 2022 | 25.99 million | +22.1% |
| 2023 | 38.93 million | +49.8% |
| 2024 | 49.87 million | +28.1% |
Cape Verde compared with similar countries
- Cape Verde's 49.87 million is below the median for upper middle income countries, which is 1.21 billion, 4% of the median. (54 countries reporting)
- Cape Verde's 49.87 million is below the median for Sub-Saharan Africa, which is 171.59 million, 29% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.07 million | 19.06 million | 27.68 million | 5 |
| 2010s | 20.46 million | 12.38 million | 34.75 million | 10 |
| 2020s | 32.28 million | 21.28 million | 49.87 million | 5 |
Countries ranked near Cape Verde
- 168 Saint Lucia 57.06 million compare
- 169 Micronesia (country) 54.64 million compare
- 170 Anguilla 51.60 million compare
- 172 Madagascar 49.12 million compare
- 173 Tuvalu 48.14 million compare
- 174 Maldives 47.83 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 primary income, credit/revenue in Cape Verde?
- Primary income, credit/revenue in Cape Verde was 49.87 million in 2024, according to International Monetary Fund.
- What is the highest primary income, credit/revenue recorded in Cape Verde?
- The highest recorded value was 49.87 million in 2024.
- What is the lowest primary income, credit/revenue recorded in Cape Verde?
- The lowest recorded value was 12.38 million in 2015.
- How does Cape Verde rank for primary income, credit/revenue?
- Cape Verde ranks 171st out of 198 countries with data for 2024.
- Is primary income, credit/revenue rising or falling in Cape Verde?
- Over the last ten years it is up 257.1%. 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, Credit/Revenue (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.