Total current account credit/revenue, Credit/Revenue (US dollar) in Cape Verde
Cape Verde: Total current account credit/revenue, Credit/Revenue (US dollar) was 1.73 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Cape Verde, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account credit/revenue, credit/revenue in Cape Verde stood at 1.73 billion. That is the highest value across all 20 years on record.
That represents a change of up 16.7% on the previous year and up 43.1% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Cape Verde peaked at 1.73 billion in 2024 and was at its lowest, 685.19 million, in 2005.
Cape Verde ranks 169th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue (US dollar) in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 685.19 million | — |
| 2006 | 825.12 million | +20.4% |
| 2007 | 997.72 million | +20.9% |
| 2008 | 1.16 billion | +16.2% |
| 2009 | 971.87 million | -16.2% |
| 2010 | 1.05 billion | +8.4% |
| 2011 | 1.25 billion | +18.5% |
| 2012 | 1.09 billion | -12.8% |
| 2013 | 1.18 billion | +8.4% |
| 2014 | 1.21 billion | +2.3% |
| 2015 | 952.67 million | -21.1% |
| 2016 | 1.06 billion | +11.8% |
| 2017 | 1.18 billion | +10.7% |
| 2018 | 1.36 billion | +15.1% |
| 2019 | 1.39 billion | +2.2% |
| 2020 | 838.00 million | -39.5% |
| 2021 | 968.50 million | +15.6% |
| 2022 | 1.33 billion | +37.4% |
| 2023 | 1.48 billion | +11.2% |
| 2024 | 1.73 billion | +16.7% |
Cape Verde compared with similar countries
- Cape Verde's 1.73 billion is below the median for upper middle income countries, which is 21.37 billion, 8% of the median. (54 countries reporting)
- Cape Verde's 1.73 billion is below the median for Sub-Saharan Africa, which is 7.83 billion, 22% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 927.94 million | 685.19 million | 1.16 billion | 5 |
| 2010s | 1.17 billion | 952.67 million | 1.39 billion | 10 |
| 2020s | 1.27 billion | 838.00 million | 1.73 billion | 5 |
Countries ranked near Cape Verde
- 166 Malawi 2.20 billion compare
- 167 Belize 1.87 billion compare
- 168 Saint Lucia 1.74 billion compare
- 170 Sierra Leone 1.71 billion compare
- 171 Faroe Islands 1.68 billion compare
- 172 Sint Maarten (Dutch part) 1.65 billion 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 total current account credit/revenue, credit/revenue in Cape Verde?
- Total current account credit/revenue, credit/revenue in Cape Verde was 1.73 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Cape Verde?
- The highest recorded value was 1.73 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Cape Verde?
- The lowest recorded value was 685.19 million in 2005.
- How does Cape Verde rank for total current account credit/revenue, credit/revenue?
- Cape Verde ranks 169th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Cape Verde?
- Over the last ten years it is up 43.1%. 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 Total current account credit/revenue, 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.