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Trade openness — all countries

Trade openness — Cabo Verde

Trade openness in Cabo Verde in 2025 — 95.33%. Ranked 50 in the world out of 138. Since 1980, the indicator has risen by 11.28 pp.

2025 95.33% −1.57 pp vs 2024
World rank 50of 138
Period maximum 117.82%2006
Period minimum 60.31%1993

Trend over time

1980–2025 · % of GDP

Trade openness — Cabo Verde, 1980–2025608010012019801985199019952000200520102015202020251980: 84.05%1981: 92.16%1982: 102.12%1983: 102.44%1984: 100.47%1985: 101.82%1986: 93.05%1987: 83.83%1988: 76.2%1989: 81.44%1990: 85.95%1991: 80.95%1992: 83.94%1993: 60.31%1994: 71.56%1995: 77.52%1996: 75.49%1997: 85.98%1998: 81.88%1999: 80.97%2000: 87.52%2001: 92.16%2002: 101.09%2003: 98.77%2004: 101.57%2005: 104.34%2006: 117.82%2007: 94.21%2008: 90.97%2009: 80.46%2010: 85.55%2011: 90.56%2012: 90.65%2013: 86.17%2014: 91.3%2015: 94.01%2016: 95.38%2017: 100.05%2018: 105.87%2019: 103.6%2020: 78.39%2021: 77.46%2022: 96.99%2023: 95.03%2024: 96.9%2025: 95.33%
Change over the period: +11.28 pp Annual average: 0.25 pp

Comparison, 2025

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

Cabo Verde 95.33%
World 68.49%
Sub-Saharan Africa computed 54.99%
Western Africa computed 60.54%
Lower-middle-income countries computed 59.58%
Trade openness — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year % Change, pp
2025 95.33 −1.57 pp
2024 96.9 +1.87 pp
2023 95.03 −1.96 pp
2022 96.99 +19.54 pp
2021 77.46 −0.94 pp
2020 78.39 −25.21 pp
2019 103.6 −2.26 pp
2018 105.87 +5.82 pp
2017 100.05 +4.67 pp
2016 95.38 +1.37 pp
2015 94.01 +2.7 pp
2014 91.3 +5.13 pp
2013 86.17 −4.48 pp
2012 90.65 +0.09 pp
2011 90.56 +5.01 pp
2010 85.55 +5.09 pp
2009 80.46 −10.51 pp
2008 90.97 −3.24 pp
2007 94.21 −23.61 pp
2006 117.82 +13.47 pp
2005 104.34 +2.78 pp
2004 101.57 +2.8 pp
2003 98.77 −2.32 pp
2002 101.09 +8.93 pp
2001 92.16 +4.64 pp
2000 87.52 +6.55 pp
1999 80.97 −0.91 pp
1998 81.88 −4.1 pp
1997 85.98 +10.49 pp
1996 75.49 −2.03 pp
1995 77.52 +5.95 pp
1994 71.56 +11.26 pp
1993 60.31 −23.63 pp
1992 83.94 +2.99 pp
1991 80.95 −5 pp
1990 85.95 +4.51 pp
1989 81.44 +5.24 pp
1988 76.2 −7.63 pp
1987 83.83 −9.22 pp
1986 93.05 −8.77 pp
1985 101.82 +1.35 pp
1984 100.47 −1.96 pp
1983 102.44 +0.32 pp
1982 102.12 +9.95 pp
1981 92.16 +8.11 pp
1980 84.05 —

Western Africa, 2025

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

GN Guinea 103.68 CV Cabo Verde 95.33 MR Mauritania 94.02 SN Senegal 71.07 BF Burkina Faso 65 GM Gambia 62.17 CI Côte d'Ivoire 54.56 SL Sierra Leone 49.1 ML Mali 48.77 GW Guinea-Bissau 40.88 BJ Benin 37.12 NE Niger 33.91
Full table for all countries

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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

Other indicators for Cabo Verde

Trade Merchandise trade (% of GDP)

Merchandise exports plus imports as a percent of GDP — without services.

Cabo Verde by year Trade Exports (% of GDP)

How far the economy is oriented toward external markets.

Cabo Verde by year Trade Imports (% of GDP)

How far the economy depends on supplies from abroad.

Cabo Verde by year Trade Trade balance

The difference between exports and imports of goods and services. A minus means imports are larger.

Cabo Verde by year
All indicators for Cabo Verde