Current account balance — all countries

Current account balance — Cabo Verde

Current account balance in Cabo Verde in 2031 — -2.3%. Ranked 106 in the world out of 188. Since 1980, the indicator has risen by 43 pp.

2031 -2.3% +0 pp vs 2030
World rank 106of 188
Period maximum 5.2%1987
Period minimum -45.3%1980

Trend over time

1980–2031 · % of GDP

Current account balance — Cabo Verde, 1980–2031-60-40-2002019801986199219982004201020162022202820311980: -45.3%1981: -12.6%1982: -8.8%1983: -8.4%1984: -4.8%1985: -3.1%1986: 0.9%1987: 5.2%1988: -1.9%1989: -8%1990: -4.4%1991: -3.8%1992: -4.3%1993: -7.7%1994: -10.2%1995: -10.8%1996: -5.7%1997: -4.9%1998: -8.9%1999: -11.9%2000: -8.7%2001: -7.6%2002: -8%2003: -8.2%2004: -10.5%2005: -2.4%2006: -4.1%2007: -11.9%2008: -12.5%2009: -13.4%2010: -11.3%2011: -14.8%2012: -11.5%2013: -4.4%2014: -8.3%2015: -2.9%2016: -3.4%2017: -7%2018: -4.8%2019: 0.2%2020: -15.4%2021: -12.1%2022: -3.5%2023: -2.7%2024: 3.9%2025: 3.6%2026: -0.4%2027: -1.2%2028: -1.8%2029: -2.1%2030: -2.3%2031: -2.3%
Change over the period: +43 pp Annual average: 0.84 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde -2.3%
World computed 0.28%
Sub-Saharan Africa computed -1.15%
Western Africa computed 1.16%
Current account balance — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2031 -2.3 +0 pp
2030 -2.3 −0.2 pp
2029 -2.1 −0.3 pp
2028 -1.8 −0.6 pp
2027 -1.2 −0.8 pp
2026 -0.4 −4 pp
2025 3.6 −0.3 pp
2024 3.9 +6.6 pp
2023 -2.7 +0.8 pp
2022 -3.5 +8.6 pp
2021 -12.1 +3.3 pp
2020 -15.4 −15.6 pp
2019 0.2 +5 pp
2018 -4.8 +2.2 pp
2017 -7 −3.6 pp
2016 -3.4 −0.5 pp
2015 -2.9 +5.4 pp
2014 -8.3 −3.9 pp
2013 -4.4 +7.1 pp
2012 -11.5 +3.3 pp
2011 -14.8 −3.5 pp
2010 -11.3 +2.1 pp
2009 -13.4 −0.9 pp
2008 -12.5 −0.6 pp
2007 -11.9 −7.8 pp
2006 -4.1 −1.7 pp
2005 -2.4 +8.1 pp
2004 -10.5 −2.3 pp
2003 -8.2 −0.2 pp
2002 -8 −0.4 pp
2001 -7.6 +1.1 pp
2000 -8.7 +3.2 pp
1999 -11.9 −3 pp
1998 -8.9 −4 pp
1997 -4.9 +0.8 pp
1996 -5.7 +5.1 pp
1995 -10.8 −0.6 pp
1994 -10.2 −2.5 pp
1993 -7.7 −3.4 pp
1992 -4.3 −0.5 pp
1991 -3.8 +0.6 pp
1990 -4.4 +3.6 pp
1989 -8 −6.1 pp
1988 -1.9 −7.1 pp
1987 5.2 +4.3 pp
1986 0.9 +4 pp
1985 -3.1 +1.7 pp
1984 -4.8 +3.6 pp
1983 -8.4 +0.4 pp
1982 -8.8 +3.8 pp
1981 -12.6 +32.7 pp
1980 -45.3

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.