Volume of remittances (in United States dollars) as a proportion of in Cabo Verde
Cabo Verde: Volume of remittances (in United States dollars) as a proportion of was 12.3% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Cabo Verde, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Cabo Verde is 12.3%, measured in 2024.
That represents a change of down 3.0% on the previous year and up 27.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Cabo Verde peaked at 16.6% in 2000 and was at its lowest, 7.2%, in 2010.
That places Cabo Verde 23rd out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Cabo Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 16.6% | — |
| 2001 | 14.4% | -13.6% |
| 2002 | 13.7% | -4.7% |
| 2003 | 13.3% | -2.7% |
| 2004 | 12.3% | -8.0% |
| 2005 | 14.1% | +14.6% |
| 2006 | 12.3% | -12.3% |
| 2007 | 8.4% | -31.8% |
| 2008 | 7.9% | -6.0% |
| 2009 | 7.3% | -7.5% |
| 2010 | 7.2% | -2.0% |
| 2011 | 8.6% | +20.5% |
| 2012 | 9.3% | +7.0% |
| 2013 | 8.7% | -6.3% |
| 2014 | 9.6% | +11.3% |
| 2015 | 11.5% | +19.0% |
| 2016 | 11.4% | -0.5% |
| 2017 | 10.8% | -5.1% |
| 2018 | 10.6% | -1.9% |
| 2019 | 9.5% | -10.2% |
| 2020 | 12.9% | +34.6% |
| 2021 | 15.3% | +19.3% |
| 2022 | 14.0% | -8.5% |
| 2023 | 12.6% | -10.0% |
| 2024 | 12.3% | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.0% | 7.3% | 16.6% | 10 |
| 2010s | 9.7% | 7.2% | 11.5% | 10 |
| 2020s | 13.4% | 12.3% | 15.3% | 5 |
Countries ranked near Cabo Verde
- 20 Jamaica 16.2% compare
- 21 Uzbekistan 14.4% compare
- 22 Polynesia 12.4% compare
- 24 Yemen 12.0% compare
- 25 Georgia 11.9% compare
- 26 Timor-Leste 11.8% compare
- 26 East Timor 11.8% compare
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Cabo Verde?
- Volume of remittances (in united states dollars) as a proportion of in Cabo Verde was 12.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Cabo Verde?
- The highest recorded value was 16.6% in 2000.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Cabo Verde?
- The lowest recorded value was 7.2% in 2010.
- How does Cabo Verde rank for volume of remittances (in united states dollars) as a proportion of?
- Cabo Verde ranks 23rd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Cabo Verde?
- Over the last ten years it is up 27.0%. The long-run trend across the full record is falling.
- Where does this Cabo Verde data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).