Annual growth of exports of goods and services in Cape Verde
Cape Verde: Annual growth of exports of goods and services was 8.6% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Cape Verde, 2008–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Cape Verde stood at 8.6%.
Compared with earlier readings it is up 45.4% on the previous year and up 681.6% over ten years.
Over the whole period, annual growth of exports of goods and services in Cape Verde peaked at 78.9% in 2022 and was at its lowest, -56.5%, in 2020.
Cape Verde ranks 42nd of 176 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 7.7% | — |
| 2009 | -16.9% | -318.2% |
| 2010 | 6.6% | -138.9% |
| 2011 | 10.8% | +63.8% |
| 2012 | 13.7% | +27.6% |
| 2013 | 0.4% | -96.9% |
| 2014 | -1.5% | -450.0% |
| 2015 | 13.5% | -1021.1% |
| 2016 | 8.9% | -34.1% |
| 2017 | 9.8% | +9.5% |
| 2018 | 13.4% | +37.2% |
| 2019 | 9.2% | -31.4% |
| 2020 | -56.5% | -715.2% |
| 2021 | -2.9% | -94.9% |
| 2022 | 78.9% | -2859.8% |
| 2023 | 5.9% | -92.6% |
| 2024 | 8.6% | +45.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.6% | -16.9% | 7.7% | 2 |
| 2010s | 8.5% | -1.5% | 13.7% | 10 |
| 2020s | 6.8% | -56.5% | 78.9% | 5 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Cape Verde?
- Annual growth of exports of goods and services in Cape Verde was 8.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Cape Verde?
- The highest recorded value was 78.9% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Cape Verde?
- The lowest recorded value was -56.5% in 2020.
- How does Cape Verde rank for annual growth of exports of goods and services?
- Cape Verde ranks 42nd out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Cape Verde?
- Over the last ten years it is up 681.6%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).