Exports of goods and services in Cape Verde
Cape Verde: Exports of goods and services was 42.0% in 2025. ▲ Rising
Exports of goods and services in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for exports of goods and services in Cape Verde is 42.0%, measured in 2025.
The figure is down 1.6% on the previous year and up 2.0% over ten years.
Over the whole period, exports of goods and services in Cape Verde peaked at 46.7% in 2019 and was at its lowest, 13.3%, in 1993.
That places Cape Verde 78th out of 193 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Exports of goods and services in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 17.1% | — |
| 1981 | 21.5% | +25.7% |
| 1982 | 22.9% | +6.8% |
| 1983 | 24.6% | +7.4% |
| 1984 | 22.8% | -7.5% |
| 1985 | 22.6% | -0.6% |
| 1986 | 17.6% | -22.2% |
| 1987 | 18.1% | +2.8% |
| 1988 | 16.7% | -7.7% |
| 1989 | 19.2% | +15.1% |
| 1990 | 17.1% | -10.9% |
| 1991 | 16.6% | -3.3% |
| 1992 | 17.3% | +4.3% |
| 1993 | 13.3% | -23.3% |
| 1994 | 15.0% | +13.5% |
| 1995 | 17.1% | +13.9% |
| 1996 | 20.2% | +17.9% |
| 1997 | 27.4% | +35.9% |
| 1998 | 22.8% | -16.9% |
| 1999 | 21.0% | -8.0% |
| 2000 | 27.0% | +28.8% |
| 2001 | 29.8% | +10.4% |
| 2002 | 32.5% | +9.2% |
| 2003 | 31.4% | -3.6% |
| 2004 | 32.0% | +2.0% |
| 2005 | 37.8% | +18.0% |
| 2006 | 45.1% | +19.5% |
| 2007 | 33.7% | -25.2% |
| 2008 | 34.3% | +1.8% |
| 2009 | 29.0% | -15.4% |
| 2010 | 30.3% | +4.3% |
| 2011 | 32.9% | +8.6% |
| 2012 | 37.5% | +14.0% |
| 2013 | 37.5% | +0.1% |
| 2014 | 37.2% | -0.7% |
| 2015 | 41.1% | +10.4% |
| 2016 | 41.5% | +0.8% |
| 2017 | 42.1% | +1.4% |
| 2018 | 45.9% | +9.0% |
| 2019 | 46.7% | +1.8% |
| 2020 | 25.3% | -45.8% |
| 2021 | 23.8% | -5.7% |
| 2022 | 38.7% | +62.2% |
| 2023 | 39.3% | +1.5% |
| 2024 | 42.7% | +8.7% |
| 2025 | 42.0% | -1.6% |
Cape Verde compared with similar countries
- Cape Verde's 42.0% is above the median for upper middle income countries, which is 37.2%, 1.1× the median. (53 countries reporting)
- Cape Verde's 42.0% is above the median for Sub-Saharan Africa, which is 29.2%, 1.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.3% | 16.7% | 24.6% | 10 |
| 1990s | 18.8% | 13.3% | 27.4% | 10 |
| 2000s | 33.3% | 27.0% | 45.1% | 10 |
| 2010s | 39.3% | 30.3% | 46.7% | 10 |
| 2020s | 35.3% | 23.8% | 42.7% | 6 |
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 exports of goods and services in Cape Verde?
- Exports of goods and services in Cape Verde was 42.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Cape Verde?
- The highest recorded value was 46.7% in 2019.
- What is the lowest exports of goods and services recorded in Cape Verde?
- The lowest recorded value was 13.3% in 1993.
- How does Cape Verde rank for exports of goods and services?
- Cape Verde ranks 78th out of 193 countries with data for 2025.
- Is exports of goods and services rising or falling in Cape Verde?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.