External balance on goods and services in Cape Verde
Cape Verde: External balance on goods and services was -347.73 million current US$ in 2025. ◆ Volatile
Latest (2025)
-347.73 million current US$
Change on year
down 11.0%
World rank
98th
of 193 countries
All-time high
-68.65 million current US$
in 1981
All-time low
-610.53 million current US$
in 2021
Years of data
46
1980–2025
External balance on goods and services in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Cape Verde recorded -347.73 million current US$ for external balance on goods and services in 2025.
That represents a change of down 11.0% on the previous year and down 69.3% over ten years.
Over the whole period, external balance on goods and services in Cape Verde peaked at -68.65 million current US$ in 1981 and was at its lowest, -610.53 million current US$, in 2021.
That places Cape Verde 98th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | -70.98 million current US$ | — |
| 1981 | -68.65 million current US$ | -3.3% |
| 1982 | -79.12 million current US$ | +15.2% |
| 1983 | -73.64 million current US$ | -6.9% |
| 1984 | -72.51 million current US$ | -1.5% |
| 1985 | -77.88 million current US$ | +7.4% |
| 1986 | -110.26 million current US$ | +41.6% |
| 1987 | -112.06 million current US$ | +1.6% |
| 1988 | -113.09 million current US$ | +0.9% |
| 1989 | -114.97 million current US$ | +1.7% |
| 1990 | -158.62 million current US$ | +38.0% |
| 1991 | -152.96 million current US$ | -3.6% |
| 1992 | -176.34 million current US$ | +15.3% |
| 1993 | -165.69 million current US$ | -6.0% |
| 1994 | -168.61 million current US$ | +1.8% |
| 1995 | -210.65 million current US$ | +24.9% |
| 1996 | -176.15 million current US$ | -16.4% |
| 1997 | -152.56 million current US$ | -13.4% |
| 1998 | -189.40 million current US$ | +24.1% |
| 1999 | -231.14 million current US$ | +22.0% |
| 2000 | -180.67 million current US$ | -21.8% |
| 2001 | -183.26 million current US$ | +1.4% |
| 2002 | -223.38 million current US$ | +21.9% |
| 2003 | -293.10 million current US$ | +31.2% |
| 2004 | -347.40 million current US$ | +18.5% |
| 2005 | -279.90 million current US$ | -19.4% |
| 2006 | -305.16 million current US$ | +9.0% |
| 2007 | -440.69 million current US$ | +44.4% |
| 2008 | -436.71 million current US$ | -0.9% |
| 2009 | -414.65 million current US$ | -5.1% |
| 2010 | -455.84 million current US$ | +9.9% |
| 2011 | -507.77 million current US$ | +11.4% |
| 2012 | -300.79 million current US$ | -40.8% |
| 2013 | -225.94 million current US$ | -24.9% |
| 2014 | -343.19 million current US$ | +51.9% |
| 2015 | -205.40 million current US$ | -40.2% |
| 2016 | -229.97 million current US$ | +12.0% |
| 2017 | -317.77 million current US$ | +38.2% |
| 2018 | -311.70 million current US$ | -1.9% |
| 2019 | -229.56 million current US$ | -26.4% |
| 2020 | -506.52 million current US$ | +120.7% |
| 2021 | -610.53 million current US$ | +20.5% |
| 2022 | -440.99 million current US$ | -27.8% |
| 2023 | -412.53 million current US$ | -6.5% |
| 2024 | -313.26 million current US$ | -24.1% |
| 2025 | -347.73 million current US$ | +11.0% |
Cape Verde compared with similar countries
- Cape Verde's -347.73 million current US$ is above the median for upper middle income countries, which is -347.73 million current US$, 1.0× the median. (53 countries reporting)
- Cape Verde's -347.73 million current US$ is above the median for Sub-Saharan Africa, which is -545.92 million current US$, 64% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -89.32 million current US$ | -114.97 million current US$ | -68.65 million current US$ | 10 |
| 1990s | -178.21 million current US$ | -231.14 million current US$ | -152.56 million current US$ | 10 |
| 2000s | -310.49 million current US$ | -440.69 million current US$ | -180.67 million current US$ | 10 |
| 2010s | -312.79 million current US$ | -507.77 million current US$ | -205.40 million current US$ | 10 |
| 2020s | -438.60 million current US$ | -610.53 million current US$ | -313.26 million current US$ | 6 |
Countries ranked near Cape Verde
- 95 Kiribati -319.40 million current US$ compare
- 96 Guinea-Bissau -332.34 million current US$ compare
- 97 Greenland -342.39 million current US$ compare
- 99 Comoros -404.54 million current US$ compare
- 100 Central African Republic -435.91 million current US$ compare
- 101 Democratic Republic of Congo -454.53 million current US$ compare
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 external balance on goods and services in Cape Verde?
- External balance on goods and services in Cape Verde was -347.73 million current US$ 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 -68.65 million current US$ in 1981.
- What is the lowest external balance on goods and services recorded in Cape Verde?
- The lowest recorded value was -610.53 million current US$ in 2021.
- How does Cape Verde rank for external balance on goods and services?
- Cape Verde ranks 98th out of 193 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 69.3%. The long-run trend across the full record is volatile.
- 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 (current US$). 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 indicator is expressed in United States dollars.