Current account balance in Cape Verde
Cape Verde: Current account balance was 3.5% in 2025. ◆ Volatile
Current account balance in Cape Verde, 1980–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Cape Verde recorded 3.5% for current account balance in 2025.
That represents a change of down 10.6% on the previous year and up 221.9% over ten years.
Over the whole period, current account balance in Cape Verde peaked at 3.9% in 2024 and was at its lowest, -15.7%, in 2020.
That places Cape Verde 51st out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 3.0% | — |
| 1981 | -15.5% | -610.2% |
| 1982 | -10.6% | -31.9% |
| 1983 | -9.6% | -8.6% |
| 1984 | -4.9% | -49.6% |
| 1985 | -6.5% | +33.5% |
| 1986 | 0.9% | -114.0% |
| 1987 | -1.1% | -220.6% |
| 1988 | -0.2% | -83.0% |
| 1989 | -4.8% | +2488.7% |
| 1990 | -1.2% | -74.0% |
| 1991 | -2.2% | +74.2% |
| 1992 | -3.4% | +56.2% |
| 1993 | -4.9% | +43.5% |
| 1994 | -11.2% | +130.5% |
| 1995 | -12.7% | +12.5% |
| 1996 | -7.0% | -44.8% |
| 1997 | -6.1% | -13.2% |
| 1998 | -11.2% | +85.1% |
| 1999 | -12.6% | +12.6% |
| 2000 | -11.2% | -11.6% |
| 2001 | -9.9% | -11.3% |
| 2002 | -11.5% | +16.3% |
| 2003 | -11.1% | -3.4% |
| 2004 | -14.1% | +26.4% |
| 2005 | -4.2% | -70.3% |
| 2006 | -7.5% | +78.6% |
| 2007 | -12.0% | +60.8% |
| 2008 | -10.5% | -12.8% |
| 2009 | -13.2% | +26.2% |
| 2010 | -12.2% | -7.7% |
| 2011 | -14.9% | +21.9% |
| 2012 | -12.7% | -14.4% |
| 2013 | -5.3% | -58.4% |
| 2014 | -8.3% | +56.4% |
| 2015 | -2.9% | -65.1% |
| 2016 | -3.5% | +19.9% |
| 2017 | -7.0% | +101.7% |
| 2018 | -4.4% | -37.1% |
| 2019 | -1.0% | -78.0% |
| 2020 | -15.7% | +1519.0% |
| 2021 | -12.2% | -22.1% |
| 2022 | -3.5% | -71.5% |
| 2023 | -2.8% | -20.5% |
| 2024 | 3.9% | -242.3% |
| 2025 | 3.5% | -10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -4.9% | -15.5% | 3.0% | 10 |
| 1990s | -7.2% | -12.7% | -1.2% | 10 |
| 2000s | -10.5% | -14.1% | -4.2% | 10 |
| 2010s | -7.2% | -14.9% | -1.0% | 10 |
| 2020s | -4.4% | -15.7% | 3.9% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Services, value added (current LCU), annual growth rate 6.72 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 8.17 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 47,331 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.14 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6792 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,937 current US$ per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 6.3 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 3,224 constant 2015 US$ per person (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5562 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), annual 6.38 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Cape Verde?
- Current account balance in Cape Verde was 3.5% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Cape Verde?
- The highest recorded value was 3.9% in 2024.
- What is the lowest current account balance recorded in Cape Verde?
- The lowest recorded value was -15.7% in 2020.
- How does Cape Verde rank for current account balance?
- Cape Verde ranks 51st out of 199 countries with data for 2025.
- Is current account balance rising or falling in Cape Verde?
- Over the last ten years it is up 221.9%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.