Average remittance costs of sending $200 to a receiving country as a in Cabo Verde
Cabo Verde: Average remittance costs of sending $200 to a receiving country as a was 7.2% in 2025. ▼ Falling
Average remittance costs of sending $200 to a receiving country as a in Cabo Verde, 2011–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2025, average remittance costs of sending $200 to a receiving country as a in Cabo Verde stood at 7.2%. That is the lowest value across all 11 years on record.
That represents a change of down 20.1% on the previous year and down 32.5% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Cabo Verde peaked at 10.7% in 2015 and was at its lowest, 7.2%, in 2025.
Cabo Verde ranks 42nd of 110 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Average remittance costs of sending $200 to a receiving country as a in Cabo Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2011 | 9.5% | — |
| 2015 | 10.7% | +12.5% |
| 2017 | 10.2% | -5.1% |
| 2018 | 9.4% | -7.1% |
| 2019 | 8.4% | -10.6% |
| 2020 | 8.2% | -2.4% |
| 2021 | 8.1% | -1.8% |
| 2022 | 8.0% | -0.5% |
| 2023 | 8.6% | +6.6% |
| 2024 | 9.0% | +5.5% |
| 2025 | 7.2% | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.6% | 8.4% | 10.7% | 5 |
| 2020s | 8.2% | 7.2% | 9.0% | 6 |
Countries ranked near Cabo Verde
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Cabo Verde?
- Average remittance costs of sending $200 to a receiving country as a in Cabo Verde was 7.2% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 to a receiving country as a recorded in Cabo Verde?
- The highest recorded value was 10.7% in 2015.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Cabo Verde?
- The lowest recorded value was 7.2% in 2025.
- How does Cabo Verde rank for average remittance costs of sending $200 to a receiving country as a?
- Cabo Verde ranks 42nd out of 110 countries with data for 2025.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Cabo Verde?
- Over the last ten years it is down 32.5%. The long-run trend across the full record is falling.
- Where does this Cabo Verde data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
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