External balance on goods and services in Cabo Verde
Cabo Verde: External balance on goods and services was -34.03 billion current LCU in 2025. β Volatile
External balance on goods and services in Cabo Verde, 1980β2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Cabo Verde stood at -34.03 billion current LCU.
The figure is down 6.6% on the previous year and down 66.7% over ten years.
Over the whole period, external balance on goods and services in Cabo Verde peaked at -2.85 billion current LCU in 1980 and was at its lowest, -56.91 billion current LCU, in 2021.
Cabo Verde ranks 122nd of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -6.34 billion current LCU | -8.96 billion current LCU | -2.85 billion current LCU | 10 |
| 1990s | -14.86 billion current LCU | -23.92 billion current LCU | -10.92 billion current LCU | 10 |
| 2000s | -28.31 billion current LCU | -35.53 billion current LCU | -21.62 billion current LCU | 10 |
| 2010s | -27.76 billion current LCU | -40.25 billion current LCU | -18.77 billion current LCU | 10 |
| 2020s | -43.36 billion current LCU | -56.91 billion current LCU | -31.93 billion current LCU | 6 |
Countries ranked near Cabo Verde
More economy & growth data for Cabo Verde
- Inflation of consumer prices 2.34 (2025)
- Gdp worldbank constant usd 2.48 billion (2025)
- Manufacturing value added to gdp 5.19 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0078 (2025)
- Gdp per capita worldbank constant usd 4,696 (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)
- US dollar per domestic currency (End-of-period (EoP)) 0.0107 (2025)
- External balance on goods and services as a percent of gdp -11.38 (2025)
- Gdp worldbank constant usd, annual growth rate 6.3 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Cabo Verde?
- External balance on goods and services in Cabo Verde was -34.03 billion current 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 Cabo Verde?
- The highest recorded value was -2.85 billion current LCU in 1980.
- What is the lowest external balance on goods and services recorded in Cabo Verde?
- The lowest recorded value was -56.91 billion current LCU in 2021.
- How does Cabo Verde rank for external balance on goods and services?
- Cabo Verde ranks 122nd out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Cabo Verde?
- Over the last ten years it is down 66.7%. The long-run trend across the full record is volatile.
- Where does this Cabo 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.