Travel services in Cape Verde
Cape Verde: Travel services was 28.2% in 2025. ▲ Rising
Travel services in Cape Verde, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for travel services in Cape Verde is 28.2%, measured in 2025.
Compared with earlier readings it is up 0.5% on the previous year and down 22.7% over ten years.
Over the whole period, travel services in Cape Verde peaked at 52.4% in 1977 and was at its lowest, 8.8%, in 1981.
Cape Verde ranks 52nd of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Travel services in Cape Verde, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1977 | 52.4% | — |
| 1978 | 23.5% | -55.2% |
| 1979 | 23.6% | +0.5% |
| 1980 | 23.7% | +0.3% |
| 1981 | 8.8% | -63.0% |
| 1982 | 9.7% | +10.9% |
| 1983 | 10.6% | +9.2% |
| 1984 | 12.2% | +15.3% |
| 1985 | 15.3% | +25.0% |
| 1986 | 14.1% | -7.9% |
| 1987 | 22.9% | +62.8% |
| 1988 | 21.1% | -7.7% |
| 1989 | 15.6% | -26.3% |
| 1990 | 14.3% | -8.5% |
| 1991 | 31.6% | +121.7% |
| 1992 | 28.7% | -9.2% |
| 1993 | 31.7% | +10.2% |
| 1994 | 33.6% | +6.1% |
| 1995 | 26.8% | -20.4% |
| 1996 | 24.8% | -7.4% |
| 1997 | 23.5% | -5.2% |
| 1998 | 25.5% | +8.4% |
| 1999 | 33.7% | +32.3% |
| 2000 | 35.9% | +6.7% |
| 2001 | 38.2% | +6.4% |
| 2002 | 39.3% | +2.9% |
| 2003 | 37.5% | -4.6% |
| 2004 | 37.1% | -1.1% |
| 2005 | 31.3% | -15.6% |
| 2006 | 31.8% | +1.5% |
| 2007 | 35.5% | +11.5% |
| 2008 | 36.2% | +2.1% |
| 2009 | 41.6% | +14.8% |
| 2010 | 42.0% | +1.0% |
| 2011 | 39.7% | -5.5% |
| 2012 | 34.6% | -12.9% |
| 2013 | 34.4% | -0.3% |
| 2014 | 29.8% | -13.6% |
| 2015 | 36.5% | +22.5% |
| 2016 | 22.6% | -37.9% |
| 2017 | 23.5% | +3.7% |
| 2018 | 22.9% | -2.4% |
| 2019 | 23.8% | +3.9% |
| 2020 | 23.7% | -0.6% |
| 2021 | 24.5% | +3.7% |
| 2022 | 24.3% | -0.9% |
| 2023 | 26.0% | +6.9% |
| 2024 | 28.1% | +8.0% |
| 2025 | 28.2% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33.1% | 23.5% | 52.4% | 3 |
| 1980s | 15.4% | 8.8% | 23.7% | 10 |
| 1990s | 27.4% | 14.3% | 33.7% | 10 |
| 2000s | 36.5% | 31.3% | 41.6% | 10 |
| 2010s | 31.0% | 22.6% | 42.0% | 10 |
| 2020s | 25.8% | 23.7% | 28.2% | 6 |
Countries ranked near Cape Verde
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 28.2% 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 52.4% in 1977.
- What is the lowest travel services recorded in Cape Verde?
- The lowest recorded value was 8.8% in 1981.
- How does Cape Verde rank for travel services?
- Cape Verde ranks 52nd out of 198 countries with data for 2025.
- Is travel services rising or falling in Cape Verde?
- Over the last ten years it is down 22.7%. The long-run trend across the full record is rising.
- 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 imports, BoP). Statizoid updates them automatically from the source API.
Download this data
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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 imports which are services provided by non-residents to residents.