Travel services in Cape Verde
Cape Verde: Travel services was 78.3% in 2025. ◆ Volatile
Travel services in Cape Verde, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Cape Verde recorded 78.3% for travel services in 2025. That is the highest value across all 49 years on record.
That represents a change of up 0.4% on the previous year and up 13.0% over ten years.
Over the whole period, travel services in Cape Verde peaked at 78.3% in 2025 and was at its lowest, 1.3%, in 1982.
That places Cape Verde 19th out of 198 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Cape Verde, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1977 | 46.3% | — |
| 1978 | 4.4% | -90.5% |
| 1979 | 3.6% | -19.1% |
| 1980 | 4.1% | +16.1% |
| 1981 | 1.9% | -55.0% |
| 1982 | 1.3% | -27.9% |
| 1983 | 1.8% | +32.7% |
| 1984 | 3.0% | +71.7% |
| 1985 | 3.6% | +18.2% |
| 1986 | 2.8% | -22.1% |
| 1987 | 10.0% | +257.4% |
| 1988 | 11.7% | +16.8% |
| 1989 | 13.0% | +10.8% |
| 1990 | 15.3% | +17.9% |
| 1991 | 22.8% | +49.3% |
| 1992 | 17.8% | -22.1% |
| 1993 | 20.6% | +15.8% |
| 1994 | 17.9% | -13.1% |
| 1995 | 14.0% | -21.6% |
| 1996 | 13.6% | -2.9% |
| 1997 | 15.9% | +16.8% |
| 1998 | 22.1% | +38.7% |
| 1999 | 26.3% | +19.1% |
| 2000 | 38.1% | +45.1% |
| 2001 | 40.8% | +6.9% |
| 2002 | 42.3% | +3.7% |
| 2003 | 42.5% | +0.4% |
| 2004 | 41.0% | -3.5% |
| 2005 | 44.1% | +7.6% |
| 2006 | 54.0% | +22.5% |
| 2007 | 61.2% | +13.3% |
| 2008 | 57.9% | -5.4% |
| 2009 | 58.7% | +1.4% |
| 2010 | 54.9% | -6.6% |
| 2011 | 62.9% | +14.7% |
| 2012 | 66.6% | +5.8% |
| 2013 | 65.2% | -2.0% |
| 2014 | 64.4% | -1.3% |
| 2015 | 69.3% | +7.6% |
| 2016 | 65.1% | -6.0% |
| 2017 | 70.2% | +7.9% |
| 2018 | 70.8% | +0.7% |
| 2019 | 67.9% | -4.0% |
| 2020 | 54.0% | -20.4% |
| 2021 | 50.4% | -6.7% |
| 2022 | 70.8% | +40.3% |
| 2023 | 75.9% | +7.3% |
| 2024 | 78.0% | +2.8% |
| 2025 | 78.3% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.1% | 3.6% | 46.3% | 3 |
| 1980s | 5.3% | 1.3% | 13.0% | 10 |
| 1990s | 18.6% | 13.6% | 26.3% | 10 |
| 2000s | 48.1% | 38.1% | 61.2% | 10 |
| 2010s | 65.7% | 54.9% | 70.8% | 10 |
| 2020s | 67.9% | 50.4% | 78.3% | 6 |
Countries ranked near Cape Verde
- 16 Sint Maarten (Dutch part) 80.8% compare
- 17 Sao Tome and Principe 80.8% compare
- 18 Dominican Republic 78.4% compare
- 20 Saint Kitts and Nevis 78.2% compare
- 21 Jordan 76.5% compare
- 22 Guyana 75.4% compare
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is travel services in Cape Verde?
- Travel services in Cape Verde was 78.3% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Cape Verde?
- The highest recorded value was 78.3% in 2025.
- What is the lowest travel services recorded in Cape Verde?
- The lowest recorded value was 1.3% in 1982.
- How does Cape Verde rank for travel services?
- Cape Verde ranks 19th out of 198 countries with data for 2025.
- Is travel services rising or falling in Cape Verde?
- Over the last ten years it is up 13.0%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.