Value of imported goods as a share of GDP (International Monetary) in Cape Verde
Cape Verde: Value of imported goods as a share of GDP (International Monetary) was 24.0% in 2025. ▲ Rising
Value of imported goods as a share of GDP in Cape Verde, 1980–2025
Source: International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Cape Verde recorded 24.0% for value of imported goods as a share of gdp in 2025. That is the lowest value across all 46 years on record.
That represents a change of down 26.8% on the previous year and down 28.8% over ten years.
Over the whole period, value of imported goods as a share of gdp in Cape Verde peaked at 78.2% in 2022 and was at its lowest, 24.0%, in 2025.
That places Cape Verde 133rd out of 201 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.
Value of imported goods as a share of GDP (International Monetary) in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 44.3% | — |
| 1981 | 45.2% | +2.2% |
| 1982 | 44.2% | -2.4% |
| 1983 | 48.6% | +10.1% |
| 1984 | 48.5% | -0.3% |
| 1985 | 54.4% | +12.2% |
| 1986 | 36.3% | -33.3% |
| 1987 | 34.7% | -4.3% |
| 1988 | 34.8% | +0.1% |
| 1989 | 37.1% | +6.7% |
| 1990 | 44.2% | +19.3% |
| 1991 | 42.9% | -3.0% |
| 1992 | 48.4% | +12.9% |
| 1993 | 35.6% | -26.4% |
| 1994 | 50.7% | +42.2% |
| 1995 | 49.3% | -2.7% |
| 1996 | 63.8% | +29.4% |
| 1997 | 46.5% | -27.1% |
| 1998 | 43.3% | -6.8% |
| 1999 | 43.6% | +0.6% |
| 2000 | 43.4% | -0.5% |
| 2001 | 39.8% | -8.2% |
| 2002 | 43.4% | +9.0% |
| 2003 | 42.5% | -2.0% |
| 2004 | 45.5% | +7.0% |
| 2005 | 44.4% | -2.3% |
| 2006 | 48.3% | +8.6% |
| 2007 | 44.8% | -7.1% |
| 2008 | 41.8% | -6.8% |
| 2009 | 37.8% | -9.5% |
| 2010 | 40.3% | +6.5% |
| 2011 | 45.8% | +13.8% |
| 2012 | 39.0% | -14.8% |
| 2013 | 35.4% | -9.4% |
| 2014 | 37.0% | +4.7% |
| 2015 | 33.8% | -8.8% |
| 2016 | 35.5% | +5.1% |
| 2017 | 39.0% | +9.9% |
| 2018 | 36.1% | -7.4% |
| 2019 | 61.0% | +69.0% |
| 2020 | 61.2% | +0.3% |
| 2021 | 61.3% | +0.2% |
| 2022 | 78.2% | +27.4% |
| 2023 | 69.5% | -11.1% |
| 2024 | 32.8% | -52.8% |
| 2025 | 24.0% | -26.8% |
Cape Verde compared with similar countries
- Cape Verde's 24.0% is below the median for upper middle income countries, which is 38.0%, 63% of the median. (58 countries reporting)
- Cape Verde's 24.0% is below the median for Sub-Saharan Africa, which is 26.0%, 93% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 42.8% | 34.7% | 54.4% | 10 |
| 1990s | 46.8% | 35.6% | 63.8% | 10 |
| 2000s | 43.2% | 37.8% | 48.3% | 10 |
| 2010s | 40.3% | 33.8% | 61.0% | 10 |
| 2020s | 54.5% | 24.0% | 78.2% | 6 |
Countries ranked near Cape Verde
- 130 Madagascar 24.9% compare
- 131 Costa Rica 24.4% compare
- 132 Mali 24.2% compare
- 134 Laos 23.8% compare
- 135 Antigua and Barbuda 23.6% compare
- 136 Iraq 23.5% compare
More economy & growth data for Cape Verde
- Real gdp growth, annual growth rate 51.07 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Cape Verde?
- Value of imported goods as a share of gdp in Cape Verde was 24.0% in 2025, according to International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Cape Verde?
- The highest recorded value was 78.2% in 2022.
- What is the lowest value of imported goods as a share of gdp recorded in Cape Verde?
- The lowest recorded value was 24.0% in 2025.
- How does Cape Verde rank for value of imported goods as a share of gdp?
- Cape Verde ranks 133rd out of 201 countries with data for 2025.
- Is value of imported goods as a share of gdp rising or falling in Cape Verde?
- Over the last ten years it is down 28.8%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund (2026); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).