Secondary income, Credit/Revenue (US dollar) in Cape Verde
Cape Verde: Secondary income, Credit/Revenue (US dollar) was 518.60 million in 2024. ▲ Rising
Secondary income, Credit/Revenue in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income, credit/revenue in Cape Verde stood at 518.60 million. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 10.3% on the previous year and up 73.5% over ten years.
Over the whole period, secondary income, credit/revenue in Cape Verde peaked at 518.60 million in 2024 and was at its lowest, 280.31 million, in 2015.
That places Cape Verde 144th out of 198 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.
Secondary income, Credit/Revenue (US dollar) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 312.08 million | — |
| 2006 | 333.90 million | +7.0% |
| 2007 | 405.29 million | +21.4% |
| 2008 | 422.03 million | +4.1% |
| 2009 | 386.74 million | -8.4% |
| 2010 | 409.60 million | +5.9% |
| 2011 | 451.19 million | +10.2% |
| 2012 | 304.14 million | -32.6% |
| 2013 | 324.24 million | +6.6% |
| 2014 | 298.87 million | -7.8% |
| 2015 | 280.31 million | -6.2% |
| 2016 | 324.95 million | +15.9% |
| 2017 | 352.88 million | +8.6% |
| 2018 | 357.73 million | +1.4% |
| 2019 | 346.57 million | -3.1% |
| 2020 | 389.43 million | +12.4% |
| 2021 | 481.88 million | +23.7% |
| 2022 | 452.62 million | -6.1% |
| 2023 | 470.34 million | +3.9% |
| 2024 | 518.60 million | +10.3% |
Cape Verde compared with similar countries
- Cape Verde's 518.60 million is below the median for upper middle income countries, which is 2.37 billion, 22% of the median. (54 countries reporting)
- Cape Verde's 518.60 million is below the median for Sub-Saharan Africa, which is 1.01 billion, 51% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 372.01 million | 312.08 million | 422.03 million | 5 |
| 2010s | 345.05 million | 280.31 million | 451.19 million | 10 |
| 2020s | 462.57 million | 389.43 million | 518.60 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 secondary income, credit/revenue in Cape Verde?
- Secondary income, credit/revenue in Cape Verde was 518.60 million in 2024, according to International Monetary Fund.
- What is the highest secondary income, credit/revenue recorded in Cape Verde?
- The highest recorded value was 518.60 million in 2024.
- What is the lowest secondary income, credit/revenue recorded in Cape Verde?
- The lowest recorded value was 280.31 million in 2015.
- How does Cape Verde rank for secondary income, credit/revenue?
- Cape Verde ranks 144th out of 198 countries with data for 2024.
- Is secondary income, credit/revenue rising or falling in Cape Verde?
- Over the last ten years it is up 73.5%. 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 Secondary 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.