Merchandise trade to GDP ratio in Cape Verde
Cape Verde: Merchandise trade to GDP ratio was 114.8% in 2011. ▲ Rising
Merchandise trade to GDP ratio in Cape Verde, 1980–2011
Source: World Bank country economists. Measured in %.
Analysis
The most recent figure for merchandise trade to gdp ratio in Cape Verde is 114.8%, measured in 2011.
Compared with earlier readings it is up 8.6% on the previous year and up 24.6% over ten years.
Over the whole period, merchandise trade to gdp ratio in Cape Verde peaked at 123.7% in 2008 and was at its lowest, 60.3%, in 1993.
That places Cape Verde 12th out of 53 countries with data for 2011, putting it in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Merchandise trade to GDP ratio in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 84.1% | — |
| 1981 | 92.2% | +9.7% |
| 1982 | 102.1% | +10.8% |
| 1983 | 102.4% | +0.3% |
| 1984 | 100.5% | -1.9% |
| 1985 | 101.8% | +1.3% |
| 1986 | 93.1% | -8.6% |
| 1987 | 83.8% | -9.9% |
| 1988 | 76.2% | -9.1% |
| 1989 | 81.4% | +6.9% |
| 1990 | 86.0% | +5.5% |
| 1991 | 81.0% | -5.8% |
| 1992 | 83.9% | +3.7% |
| 1993 | 60.3% | -28.2% |
| 1994 | 71.6% | +18.7% |
| 1995 | 77.5% | +8.3% |
| 1996 | 75.5% | -2.6% |
| 1997 | 86.0% | +13.9% |
| 1998 | 81.9% | -4.8% |
| 1999 | 81.0% | -1.1% |
| 2000 | 87.5% | +8.1% |
| 2001 | 92.2% | +5.3% |
| 2002 | 101.1% | +9.7% |
| 2003 | 98.8% | -2.3% |
| 2004 | 101.6% | +2.8% |
| 2005 | 104.3% | +2.7% |
| 2006 | 117.8% | +12.9% |
| 2007 | 120.6% | +2.4% |
| 2008 | 123.7% | +2.6% |
| 2009 | 103.5% | -16.3% |
| 2010 | 105.7% | +2.1% |
| 2011 | 114.8% | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 91.8% | 76.2% | 102.4% | 10 |
| 1990s | 78.5% | 60.3% | 86.0% | 10 |
| 2000s | 105.1% | 87.5% | 123.7% | 10 |
| 2010s | 110.2% | 105.7% | 114.8% | 2 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Industry (including construction), value added (constant 2015 US$) 6.38 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0822 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 476.24 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 6.38 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 8.17 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 47,331 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.14 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6792 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 3,937 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 6.72 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade to gdp ratio in Cape Verde?
- Merchandise trade to gdp ratio in Cape Verde was 114.8% in 2011, according to World Bank country economists.
- What is the highest merchandise trade to gdp ratio recorded in Cape Verde?
- The highest recorded value was 123.7% in 2008.
- What is the lowest merchandise trade to gdp ratio recorded in Cape Verde?
- The lowest recorded value was 60.3% in 1993.
- How does Cape Verde rank for merchandise trade to gdp ratio?
- Cape Verde ranks 12th out of 53 countries with data for 2011.
- Is merchandise trade to gdp ratio rising or falling in Cape Verde?
- Over the last ten years it is up 24.6%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from World Bank country economists, published as part of Merchandise trade to GDP ratio (%). Statizoid updates them automatically from the source API.
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About this data
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars and from the national accounts.