Trade in Cape Verde
Cape Verde: Trade was 95.3% in 2025. ▲ Rising
Trade in Cape Verde, 1980–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in Cape Verde is 95.3%, measured in 2025.
The figure is down 1.6% on the previous year and up 1.4% over ten years.
Over the whole period, trade in Cape Verde peaked at 117.8% in 2006 and was at its lowest, 60.3%, in 1993.
Cape Verde ranks 73rd of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 46 years of available data.
Trade in Cape Verde, year by year
| Year | % of GDP | 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 | 94.2% | -20.0% |
| 2008 | 91.0% | -3.4% |
| 2009 | 80.5% | -11.5% |
| 2010 | 85.5% | +6.3% |
| 2011 | 90.6% | +5.9% |
| 2012 | 90.6% | +0.1% |
| 2013 | 86.2% | -4.9% |
| 2014 | 91.3% | +6.0% |
| 2015 | 94.0% | +3.0% |
| 2016 | 95.4% | +1.5% |
| 2017 | 100.1% | +4.9% |
| 2018 | 105.9% | +5.8% |
| 2019 | 103.6% | -2.1% |
| 2020 | 78.4% | -24.3% |
| 2021 | 77.5% | -1.2% |
| 2022 | 97.0% | +25.2% |
| 2023 | 95.0% | -2.0% |
| 2024 | 96.9% | +2.0% |
| 2025 | 95.3% | -1.6% |
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 | 96.9% | 80.5% | 117.8% | 10 |
| 2010s | 94.3% | 85.5% | 105.9% | 10 |
| 2020s | 90.0% | 77.5% | 97.0% | 6 |
Countries ranked near Cape Verde
- 70 Poland 97.0% compare
- 71 Nicaragua 96.4% compare
- 72 Timor-Leste 95.4% compare
- 74 Bosnia and Herzegovina 95.1% compare
- 75 Mauritania 94.0% compare
- 76 Kuwait 94.0% compare
More economy & growth data for Cape Verde
- Gross value added at basic prices (GVA) (current US$), annual growth 11.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8368 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,851 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.89 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 474,687 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6693 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 3,879 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 6.06 % change on previous year (2025)
Frequently asked questions
- What is trade in Cape Verde?
- Trade in Cape Verde was 95.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Cape Verde?
- The highest recorded value was 117.8% in 2006.
- What is the lowest trade recorded in Cape Verde?
- The lowest recorded value was 60.3% in 1993.
- How does Cape Verde rank for trade?
- Cape Verde ranks 73rd out of 192 countries with data for 2025.
- Is trade rising or falling in Cape Verde?
- Over the last ten years it is up 1.4%. 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 Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of 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.