External balance on goods and services in Cape Verde
Cape Verde: External balance on goods and services was -40.77 billion constant LCU in 2025. ▼ Falling
External balance on goods and services in Cape Verde, 2015–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, external balance on goods and services in Cape Verde stood at -40.77 billion constant LCU.
The figure is down 1.1% on the previous year and down 99.7% over ten years.
Over the whole period, external balance on goods and services in Cape Verde peaked at -20.41 billion constant LCU in 2015 and was at its lowest, -64.01 billion constant LCU, in 2021.
That places Cape Verde 101st out of 161 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
External balance on goods and services in Cape Verde, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | -20.41 billion constant LCU | — |
| 2016 | -26.99 billion constant LCU | +32.2% |
| 2017 | -33.37 billion constant LCU | +23.6% |
| 2018 | -36.39 billion constant LCU | +9.0% |
| 2019 | -31.90 billion constant LCU | -12.3% |
| 2020 | -57.08 billion constant LCU | +78.9% |
| 2021 | -64.01 billion constant LCU | +12.1% |
| 2022 | -48.51 billion constant LCU | -24.2% |
| 2023 | -41.58 billion constant LCU | -14.3% |
| 2024 | -40.33 billion constant LCU | -3.0% |
| 2025 | -40.77 billion constant LCU | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -29.81 billion constant LCU | -36.39 billion constant LCU | -20.41 billion constant LCU | 5 |
| 2020s | -48.71 billion constant LCU | -64.01 billion constant LCU | -40.33 billion constant LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Net primary income (Net income from abroad) (current LCU), annual 17.72 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 18.54 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1632 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 945.95 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 13.82 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 15.97 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 92,574 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0078 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 128.44 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 93.79 (2025)
Frequently asked questions
- What is external balance on goods and services in Cape Verde?
- External balance on goods and services in Cape Verde was -40.77 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Cape Verde?
- The highest recorded value was -20.41 billion constant LCU in 2015.
- What is the lowest external balance on goods and services recorded in Cape Verde?
- The lowest recorded value was -64.01 billion constant LCU in 2021.
- How does Cape Verde rank for external balance on goods and services?
- Cape Verde ranks 101st out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Cape Verde?
- Over the last ten years it is down 99.7%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.