Balanced trade in services in Cabo Verde
Cabo Verde: Balanced trade in services was 0.1906 US dollars, exchange rate converted in 2024. ▬ Flat
Balanced trade in services in Cabo Verde, 2005–2024
Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.
Analysis
Cabo Verde recorded 0.1906 US dollars, exchange rate converted for balanced trade in services in 2024.
The figure is up 9.5% on the previous year and down 10.2% over ten years.
Over the whole period, balanced trade in services in Cabo Verde peaked at 0.2336 US dollars, exchange rate converted in 2018 and was at its lowest, 0.1029 US dollars, exchange rate converted, in 2020.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1756 US dollars, exchange rate converted | 0.135 US dollars, exchange rate converted | 0.2195 US dollars, exchange rate converted | 5 |
| 2010s | 0.1986 US dollars, exchange rate converted | 0.1765 US dollars, exchange rate converted | 0.2336 US dollars, exchange rate converted | 10 |
| 2020s | 0.1511 US dollars, exchange rate converted | 0.1029 US dollars, exchange rate converted | 0.1906 US dollars, exchange rate converted | 5 |
Countries ranked near Cabo Verde
- 11 Hong Kong (China) 66.5 US dollars, exchange rate converted compare
- 12 Ireland 42.41 US dollars, exchange rate converted compare
- 13 Germany 42.21 US dollars, exchange rate converted compare
- 14 France 37.98 US dollars, exchange rate converted compare
- 15 Italy 30 US dollars, exchange rate converted compare
- 16 United Arab Emirates 29.35 US dollars, exchange rate converted compare
- 17 Saudi Arabia 26.7 US dollars, exchange rate converted compare
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 5.98 % (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 — Value Standard Local Currency, 2015 29,020 million SLC (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
Frequently asked questions
- What is balanced trade in services in Cabo Verde?
- Balanced trade in services in Cabo Verde was 0.1906 US dollars, exchange rate converted in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest balanced trade in services recorded in Cabo Verde?
- The highest recorded value was 0.2336 US dollars, exchange rate converted in 2018.
- What is the lowest balanced trade in services recorded in Cabo Verde?
- The lowest recorded value was 0.1029 US dollars, exchange rate converted in 2020.
- How does Cabo Verde rank for balanced trade in services?
- Cabo Verde ranks 14th out of 14 groups with data for 2024.
- Is balanced trade in services rising or falling in Cabo Verde?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is flat.
- Where does this Cabo Verde data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Balanced trade in services (BaTIS). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD-WTO Balanced Trade in Services (BaTIS) dataset is a complete, consistent, and balanced matrix of international trade in services statistics (ITSS). It contains annual bilateral data covering 202 reporters and partners, broken down by total services and 26 EBOPS 2010 (BPM6) categories from 2005 to 2024. BaTIS is the result of joint efforts by the OECD and WTO. Two main features enable BaTIS to stand out as the international benchmark for any analysis on international trade in services: BaTIS is complete and consistent. At present, only around 65% of world trade in services is bilaterally specified, and the percentage is even lower for the individual service categories. The OECD-WTO methodology leverages all available official statistics and combines them with estimations and adjustments to provide users with a complete matrix covering virtually all economies in the world. BaTIS is balanced. To resolve the asymmetries between reported and mirror flows, exports and imports are reconciled by calculating a symmetry-index weighted average between the two, following a similar approach to that developed for international merchandise trade statistics. Batis provides three measures for each trade flow (under the ‘adjustment’ dimension): Reported. Reflects the value officially reported by the country (where available), some values are rescaled to fit world totals. Adjusted and/or imputed. Reflects, in addition to the reported values, any adjustments made to ensure internal consistency as well as the estimations made by the OECD-WTO to fill in the gaps in the reported information. Balanced. Reflects the reconciled bilateral trade flow, where exports equal mirror imports. Official information on bilateral trade flows was collected from OECD, Eurostat, national sources as well as UNSD. The WTO-UNCTAD trade in services dataset, based on a number of primary sources complemented with estimations, was the main source for data with partner world. The BaTIS dataset can be used as a stand-alone input for economic analysis and policy-making. In addition, balanced trade in services data form an essential input to the OECD Trade in Value Added (TiVA) initiative, for which a balanced view of international trade is crucial. BaTIS is intended to be regularly updated and constantly improved as new data become available. For more information on the methodology, please refer to the technical paper accompanying this dataset The OECD-WTO Balanced Trade in Services (BaTIS) For more information on balanced trade statistics, please go to the topic related OECD page Balanced trade statistics Users are encouraged to send their questions, or to signal any apparent errors, regarding this database to STAT.Contact@oecd.org https://www.oecd.org/en/about/directorates/statistics-and-data-directorate.html