Total reserves in months of imports in Cape Verde
Cape Verde: Total reserves in months of imports was 5.99 ratio in 2024. ▲ Rising
Total reserves in months of imports in Cape Verde, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
Cape Verde recorded 5.99 ratio for total reserves in months of imports in 2024.
The figure is down 10.7% on the previous year and up 31.1% over ten years.
Over the whole period, total reserves in months of imports in Cape Verde peaked at 8.23 ratio in 2020 and was at its lowest, 0.98 ratio, in 2000.
That places Cape Verde 44th out of 172 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Total reserves in months of imports in Cape Verde, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 0.98 ratio | — |
| 2001 | 1.53 ratio | +56.1% |
| 2002 | 2.15 ratio | +40.5% |
| 2003 | 1.95 ratio | -9.3% |
| 2004 | 2.5 ratio | +28.2% |
| 2005 | 3.01 ratio | +20.4% |
| 2006 | 3.54 ratio | +17.6% |
| 2007 | 4.01 ratio | +13.3% |
| 2008 | 3.45 ratio | -14.0% |
| 2009 | 4.19 ratio | +21.4% |
| 2010 | 3.8 ratio | -9.3% |
| 2011 | 2.78 ratio | -26.8% |
| 2012 | 3.51 ratio | +26.3% |
| 2013 | 4.61 ratio | +31.3% |
| 2014 | 4.57 ratio | -0.9% |
| 2015 | 6.07 ratio | +32.8% |
| 2016 | 6.34 ratio | +4.4% |
| 2017 | 5.83 ratio | -8.0% |
| 2018 | 5.15 ratio | -11.7% |
| 2019 | 6.5 ratio | +26.2% |
| 2020 | 8.23 ratio | +26.6% |
| 2021 | 7.91 ratio | -3.9% |
| 2022 | 6.42 ratio | -18.8% |
| 2023 | 6.71 ratio | +4.5% |
| 2024 | 5.99 ratio | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.73 ratio | 0.98 ratio | 4.19 ratio | 10 |
| 2010s | 4.92 ratio | 2.78 ratio | 6.5 ratio | 10 |
| 2020s | 7.05 ratio | 5.99 ratio | 8.23 ratio | 5 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Manufacturing, value added (current US$), per unit of GDP 0.0519 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 300.87 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 5.08 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 29,444 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0402 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 232.74 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 23,131 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 12.74 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1072 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 621.56 current US$ per person (2025)
Frequently asked questions
- What is total reserves in months of imports in Cape Verde?
- Total reserves in months of imports in Cape Verde was 5.99 ratio in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest total reserves in months of imports recorded in Cape Verde?
- The highest recorded value was 8.23 ratio in 2020.
- What is the lowest total reserves in months of imports recorded in Cape Verde?
- The lowest recorded value was 0.98 ratio in 2000.
- How does Cape Verde rank for total reserves in months of imports?
- Cape Verde ranks 44th out of 172 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Cape Verde?
- Over the last ten years it is up 31.1%. 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 – processed by Our World in Data, published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Total reserves in months of imports (ratio).