External balance on goods and services in Cape Verde
Cape Verde: External balance on goods and services was -11.4% in 2025. ▲ Rising
External balance on goods and services in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services in Cape Verde stood at -11.4%.
The figure is up 1.4% on the previous year and up 3.1% over ten years.
Over the whole period, external balance on goods and services in Cape Verde peaked at -10.2% in 2019 and was at its lowest, -57.8%, in 1986.
That places Cape Verde 135th 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.
External balance on goods and services in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | -49.9% | — |
| 1981 | -49.2% | -1.4% |
| 1982 | -56.3% | +14.3% |
| 1983 | -53.2% | -5.5% |
| 1984 | -54.9% | +3.3% |
| 1985 | -56.5% | +2.9% |
| 1986 | -57.8% | +2.3% |
| 1987 | -47.6% | -17.6% |
| 1988 | -42.8% | -10.2% |
| 1989 | -43.0% | +0.5% |
| 1990 | -51.7% | +20.2% |
| 1991 | -47.8% | -7.5% |
| 1992 | -49.4% | +3.2% |
| 1993 | -33.8% | -31.6% |
| 1994 | -41.5% | +22.7% |
| 1995 | -43.2% | +4.3% |
| 1996 | -35.1% | -18.8% |
| 1997 | -31.1% | -11.4% |
| 1998 | -36.3% | +16.7% |
| 1999 | -39.0% | +7.5% |
| 2000 | -33.5% | -14.1% |
| 2001 | -32.5% | -2.9% |
| 2002 | -36.0% | +10.6% |
| 2003 | -36.0% | +0.1% |
| 2004 | -37.6% | +4.2% |
| 2005 | -28.8% | -23.3% |
| 2006 | -27.6% | -4.3% |
| 2007 | -26.7% | -3.0% |
| 2008 | -22.3% | -16.6% |
| 2009 | -22.4% | +0.4% |
| 2010 | -25.0% | +11.6% |
| 2011 | -24.8% | -0.7% |
| 2012 | -15.7% | -36.6% |
| 2013 | -11.1% | -29.2% |
| 2014 | -16.8% | +50.9% |
| 2015 | -11.7% | -30.2% |
| 2016 | -12.4% | +5.9% |
| 2017 | -15.9% | +28.0% |
| 2018 | -14.1% | -11.2% |
| 2019 | -10.2% | -27.9% |
| 2020 | -27.8% | +172.8% |
| 2021 | -29.8% | +7.0% |
| 2022 | -19.6% | -34.0% |
| 2023 | -16.5% | -16.1% |
| 2024 | -11.5% | -29.9% |
| 2025 | -11.4% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -51.1% | -57.8% | -42.8% | 10 |
| 1990s | -40.9% | -51.7% | -31.1% | 10 |
| 2000s | -30.3% | -37.6% | -22.3% | 10 |
| 2010s | -15.8% | -25.0% | -10.2% | 10 |
| 2020s | -19.4% | -29.8% | -11.4% | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Final consumption expenditure (constant 2015 US$), per capita 4,375 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 12.47 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.11 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 6,456 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 7.99 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 109 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 631,795 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 5.91 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9375 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 5,434 constant 2015 US$ 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 -11.4% 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 -10.2% in 2019.
- What is the lowest external balance on goods and services recorded in Cape Verde?
- The lowest recorded value was -57.8% in 1986.
- How does Cape Verde rank for external balance on goods and services?
- Cape Verde ranks 135th 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 up 3.1%. 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 Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). 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 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.