Remittances received — all countries

Remittances received — Cabo Verde

Remittances received in Cabo Verde in 2025 — 356,760,930 US$. Ranked 74 in the world out of 94. Since 1977, the indicator has risen by 1,369.3%.

2025 357M US$ +6.82% vs 2024
World rank 74of 94
Period maximum 357M US$2025
Period minimum 20.55M US$1983

Trend over time

1977–2025 · US$

Remittances received — Cabo Verde, 1977–20250100M200M300M400M197719821987199219972002200720122017202220251977: 24,281,504 US$1978: 23,602,318 US$1979: 24,005,556 US$1980: 40,064,800 US$1981: 31,596,890 US$1982: 25,852,013 US$1983: 20,547,993 US$1984: 20,617,847 US$1985: 20,757,017 US$1986: 27,560,076 US$1987: 36,425,995 US$1988: 42,742,012 US$1989: 47,700,455 US$1990: 59,140,385 US$1991: 62,366,531 US$1992: 76,012,993 US$1993: 76,491,364 US$1994: 85,453,644 US$1995: 105,860,861 US$1996: 100,349,713 US$1997: 76,416,556 US$1998: 73,741,557 US$1999: 79,715,584 US$2000: 89,761,166 US$2001: 80,954,171 US$2002: 85,021,682 US$2003: 108,444,936 US$2004: 113,427,833 US$2005: 136,692,599 US$2006: 136,573,208 US$2007: 138,793,676 US$2008: 155,035,991 US$2009: 135,620,281 US$2010: 130,909,875 US$2011: 176,875,020 US$2012: 176,969,700 US$2013: 175,918,335 US$2014: 196,981,865 US$2015: 200,903,518 US$2016: 211,373,829 US$2017: 216,552,202 US$2018: 234,507,467 US$2019: 215,024,390 US$2020: 234,138,376 US$2021: 314,508,174 US$2022: 315,278,933 US$2023: 316,378,232 US$2024: 333,992,295 US$2025: 356,760,930 US$
Change over the period: +332M (+1,369.27%) Average annual rate: 5.76 %

Comparison, 2025

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

Cabo Verde 357M US$
World 804B US$
Sub-Saharan Africa 30.75B US$
Remittances received — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year US$ Change Change, %
2025 357M +22.77M +6.82%
2024 334M +17.61M +5.57%
2023 316M +1.1M +0.35%
2022 315M +770,759 +0.25%
2021 315M +80.37M +34.33%
2020 234M +19.11M +8.89%
2019 215M −19.48M −8.31%
2018 235M +17.96M +8.29%
2017 217M +5.18M +2.45%
2016 211M +10.47M +5.21%
2015 201M +3.92M +1.99%
2014 197M +21.06M +11.97%
2013 176M −1.05M −0.59%
2012 177M +94,681 +0.05%
2011 177M +45.97M +35.11%
2010 131M −4.71M −3.47%
2009 136M −19.42M −12.52%
2008 155M +16.24M +11.7%
2007 139M +2.22M +1.63%
2006 137M −119,390 −0.09%
2005 137M +23.26M +20.51%
2004 113M +4.98M +4.59%
2003 108M +23.42M +27.55%
2002 85.02M +4.07M +5.02%
2001 80.95M −8.81M −9.81%
2000 89.76M +10.05M +12.6%
1999 79.72M +5.97M +8.1%
1998 73.74M −2.67M −3.5%
1997 76.42M −23.93M −23.85%
1996 100M −5.51M −5.21%
1995 106M +20.41M +23.88%
1994 85.45M +8.96M +11.72%
1993 76.49M +478,371 +0.63%
1992 76.01M +13.65M +21.88%
1991 62.37M +3.23M +5.46%
1990 59.14M +11.44M +23.98%
1989 47.7M +4.96M +11.6%
1988 42.74M +6.32M +17.34%
1987 36.43M +8.87M +32.17%
1986 27.56M +6.8M +32.77%
1985 20.76M +139,170 +0.67%
1984 20.62M +69,855 +0.34%
1983 20.55M −5.3M −20.52%
1982 25.85M −5.74M −18.18%
1981 31.6M −8.47M −21.14%
1980 40.06M +16.06M +66.9%
1979 24.01M +403,238 +1.71%
1978 23.6M −679,186 −2.8%
1977 24.28M

Western Africa, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.