Cape Verde vs Latin America & Caribbean: Personal remittances, received
Personal remittances, received over time
- Cape Verde
- Latin America & Caribbean
How they compare
Cape Verde currently reports 11.7% against 2.0% in Latin America & Caribbean, a difference of 9.7%.
That makes Cape Verde's figure about 5.8 times Latin America & Caribbean's.
Across all 46 years both countries report, Cape Verde has been ahead every year.
Cape Verde ranks 24th and Latin America & Caribbean ranks 25th of 196 countries.
Cape Verde has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Cape Verde | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 17.9% | 0.4% | 17.5% | Cape Verde |
| 1990s | 18.2% | 0.7% | 17.5% | Cape Verde |
| 2000s | 12.0% | 1.6% | 10.5% | Cape Verde |
| 2010s | 9.7% | 1.3% | 8.4% | Cape Verde |
| 2020s | 13.1% | 2.4% | 10.7% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, received, Cape Verde or Latin America & Caribbean?
- Cape Verde, at 11.7% against 2.0% in Latin America & Caribbean as of 2025.
- What is the difference in personal remittances, received between Cape Verde and Latin America & Caribbean?
- 9.7%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Latin America & Caribbean?
- 46 years are reported by both, from 1980 to 2025.
- How do Cape Verde and Latin America & Caribbean rank globally for personal remittances, received?
- Cape Verde ranks 24th and Latin America & Caribbean ranks 25th of 196 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Personal remittances, received (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.