The number of unemployed persons in Cape Verde decreased to 27028 Thousand in 2018 from 28424 Thousand in 2017. Unemployed Persons in Cape Verde averaged 30525.56 Thousand from 2010 until 2018, reaching an all time high of 37915 Thousand in 2012 and a record low of 21168 Thousand in 2010. This page provides - Cape Verde Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Employment Rate in Cape Verde decreased to 48.80 percent in 2018 from 51.90 percent in 2017. Employment Rate in Cape Verde averaged 51.13 percent from 2011 until 2018, reaching an all time high of 54.20 percent in 2016 and a record low of 48.80 percent in 2014. This page provides - Cape Verde Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde scored 50.83 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Cape Verde averaged 19.15 Points from 2011 until 2019, reaching an all time high of 50.83 Points in 2019 and a record low of 3.51 Points in 2011. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Cape Verde Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cape Verde is the 112 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Cape Verde averaged 114.89 from 2011 until 2019, reaching an all time high of 122 in 2013 and a record low of 105 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Cape Verde Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cape Verde is ranked 137 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Cape Verde deteriorated to 137 in 2019 from 131 in 2018. Ease of Doing Business in Cape Verde averaged 130.25 from 2008 until 2019, reaching an all time high of 147 in 2008 and a record low of 119 in 2011. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Cape Verde.

Cape Verde scored 58 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Cape Verde averaged 55.08 Points from 2007 until 2019, reaching an all time high of 60 Points in 2012 and a record low of 49 Points in 2007. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Cape Verde Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cape Verde is the 41 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Cape Verde averaged 43.23 from 2007 until 2019, reaching an all time high of 49 in 2007 and a record low of 38 in 2016. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Cape Verde Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Minimum Wages in Cape Verde remained unchanged at 13000 CVE/Month in 2020 from 13000 CVE/Month in 2019. Minimum Wages in Cape Verde averaged 11857.14 CVE/Month from 2014 until 2020, reaching an all time high of 13000 CVE/Month in 2018 and a record low of 11000 CVE/Month in 2015. This page provides - Cape Verde Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Cape Verde stands at 15 percent. In Cape Verde, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Cape Verde. This page provides the latest reported value for - Cape Verde Sales Tax Rate | VAT - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Cape Verde was worth 1.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Cape Verde represents 0 percent of the world economy. GDP in Cape Verde averaged 0.87 USD Billion from 1980 until 2019, reaching an all time high of 1.99 USD Billion in 2018 and a record low of 0.13 USD Billion in 1984. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Cape Verde GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Cape Verde was estimated at 0.6 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Cape Verde had a population of 0.2 million people. The population of Cape Verde represents 0.01 percent of the world´s total population which arguably means that one person in every 13947 people on the planet is a resident of Cape Verde. This page provides the latest reported value for - Cape Verde Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence in Cape Verde remained unchanged at 16 points in the fourth quarter of 2019 from 16 points in the third quarter of 2019. Consumer Confidence in Cape Verde averaged 14.70 points from 2009 until 2019, reaching an all time high of 24 points in the first quarter of 2010 and a record low of 4 points in the fourth quarter of 2015. In Cape verde, Consumer Opinion Survey, published by INE measures the level of optimism that households have about current performance of the economy and what they expect in the next 12 months. The survey gives an inside about consumers’ willingness to buy housing, appliances and vehicles. This page provides - Cape Verde Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde recorded a government debt equivalent to 124 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Cape Verde averaged 86.39 percent from 2000 until 2018, reaching an all time high of 127.70 percent in 2016 and a record low of 57.17 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Cape Verde Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Unemployment Rate in Cape Verde remained unchanged at 12.20 percent in 2018 from 12.20 percent in 2017. Unemployment Rate in Cape Verde averaged 14.66 percent from 1990 until 2018, reaching an all time high of 21.40 percent in 2005 and a record low of 10.70 percent in 2010. In Cape Verde, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Cape Verde Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Agriculture in Cape Verde increased to 1714 CVE Million in the fourth quarter of 2019 from 1631 CVE Million in the third quarter of 2019. GDP From Agriculture in Cape Verde averaged 2611.79 CVE Million from 2007 until 2019, reaching an all time high of 4151.20 CVE Million in the first quarter of 2010 and a record low of 1374.80 CVE Million in the third quarter of 2010. This page provides - Cape Verde Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Cape Verde decreased 0 percent in March of 2020 over the previous month. Inflation Rate Mom in Cape Verde averaged 0.11 percent from 2010 until 2020, reaching an all time high of 1.40 percent in April of 2011 and a record low of -1.30 percent in June of 2016. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Cape Verde Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Cape Verde remained unchanged at 102.10 points in March from 102.10 points in February of 2020. Consumer Price Index CPI in Cape Verde averaged 95.72 points from 2006 until 2020, reaching an all time high of 102.29 points in December of 2019 and a record low of 81.90 points in February of 2007. In Cape Verde, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for - Cape Verde Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Cape Verde increased to 100.70 points in March from 100.60 points in February of 2020. Cpi Housing Utilities in Cape Verde averaged 98.07 points from 2005 until 2020, reaching an all time high of 113.50 points in January of 2013 and a record low of 80.30 points in March of 2005. This page provides - Cape Verde Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Cape Verde decreased to 100.20 points in March of 2020 from 100.90 points in February of 2020. Cpi Transportation in Cape Verde averaged 97.49 points from 2005 until 2020, reaching an all time high of 108.60 points in July of 2012 and a record low of 86.40 points in February of 2005. This page provides - Cape Verde Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Cape Verde decreased to 102.20 points in March from 102.21 points in February of 2020. Core Consumer Prices in Cape Verde averaged 98.75 points from 2011 until 2020, reaching an all time high of 102.21 points in February of 2020 and a record low of 92.28 points in January of 2011. This page provides - Cape Verde Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Cape Verde increased 1.50 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Cape Verde averaged 0.61 percent from 2013 until 2020, reaching an all time high of 3.70 percent in January of 2013 and a record low of -0.80 percent in June of 2016. This page provides - Cape Verde Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Cape Verde expanded 5.70 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Cape Verde averaged 3.89 percent from 1981 until 2019, reaching an all time high of 13.60 percent in the third quarter of 2008 and a record low of -3.40 percent in the first quarter of 2013. The most important sector of Cape Verde’s economy is services and accounts for 72 percent of total GDP, of which public administration (18 percent); real estate and other services (13 percent); wholesale and retail trade (12 percent); transport (11 percent) and hotels and restaurants (7 percent). Industry constitutes 21 percent with construction (9 percent) and manufacturing, mining and quarrying (8 percent). Agriculture and fishing create 7 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by capital formation (36 percent) and government expenditure (17 percent). Exports of goods and services account for 47 percent of GDP while imports account for 67 percent, subtracting 20 percent of total GDP. This page provides the latest reported value for - Cape Verde GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Cape Verde expanded 4.90 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Cape Verde averaged 1.11 percent from 2007 until 2019, reaching an all time high of 11.10 percent in the fourth quarter of 2007 and a record low of -7.20 percent in the third quarter of 2007. The most important sector of Cape Verde’s economy is services and accounts for 72 percent of total GDP, of which public administration (18 percent); real estate and other services (13 percent); wholesale and retail trade (12 percent); transport (11 percent) and hotels and restaurants (7 percent). Industry constitutes 21 percent with construction (9 percent) and manufacturing, mining and quarrying (8 percent). Agriculture and fishing create 7 percent of the wealth. On the expenditure side, household consumption is the main component of GDP and accounts for 66 percent of its total use, followed by capital formation (36 percent) and government expenditure (17 percent). Exports of goods and services account for 47 percent of GDP while imports account for 67 percent, subtracting 20 percent of total GDP. This page provides - Cape Verde Gdp Growth Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Cape Verde increased to 43937 CVE Million in the fourth quarter of 2019 from 41902 CVE Million in the third quarter of 2019. GDP Constant Prices in Cape Verde averaged 35126.21 CVE Million from 2007 until 2019, reaching an all time high of 43937 CVE Million in the fourth quarter of 2019 and a record low of 29063.30 CVE Million in the third quarter of 2007. This page provides - Cape Verde Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Cape Verde decreased to 3902 CVE Million in the fourth quarter of 2019 from 4033 CVE Million in the third quarter of 2019. GDP From Construction in Cape Verde averaged 3275.67 CVE Million from 2007 until 2019, reaching an all time high of 4644.60 CVE Million in the second quarter of 2008 and a record low of 2057.60 CVE Million in the fourth quarter of 2012. This page provides - Cape Verde Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Cape Verde decreased to 2401 CVE Million in the fourth quarter of 2019 from 2427.40 CVE Million in the third quarter of 2019. GDP From Manufacturing in Cape Verde averaged 1895.41 CVE Million from 2007 until 2019, reaching an all time high of 2547.40 CVE Million in the first quarter of 2019 and a record low of 1271.20 CVE Million in the third quarter of 2007. This page provides - Cape Verde Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Mining in Cape Verde decreased to 80 CVE Million in the fourth quarter of 2019 from 83 CVE Million in the third quarter of 2019. GDP From Mining in Cape Verde averaged 128.01 CVE Million from 2007 until 2019, reaching an all time high of 296.80 CVE Million in the second quarter of 2008 and a record low of 64.60 CVE Million in the fourth quarter of 2016. This page provides - Cape Verde Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Cape Verde increased to 7365 CVE Million in the fourth quarter of 2019 from 6695 CVE Million in the third quarter of 2019. GDP From Public Administration in Cape Verde averaged 5232.11 CVE Million from 2007 until 2019, reaching an all time high of 7365 CVE Million in the fourth quarter of 2019 and a record low of 3137 CVE Million in the second quarter of 2008. This page provides - Cape Verde Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Services in Cape Verde increased to 4717 CVE Million in the fourth quarter of 2019 from 4537 CVE Million in the third quarter of 2019. GDP From Services in Cape Verde averaged 3903.87 CVE Million from 2007 until 2019, reaching an all time high of 4819.40 CVE Million in the fourth quarter of 2007 and a record low of 3282.20 CVE Million in the first quarter of 2007. This page provides - Cape Verde Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Transport in Cape Verde increased to 3975 CVE Million in the fourth quarter of 2019 from 3908.40 CVE Million in the third quarter of 2019. GDP From Transport in Cape Verde averaged 3328.12 CVE Million from 2007 until 2019, reaching an all time high of 3975 CVE Million in the fourth quarter of 2019 and a record low of 2679.80 CVE Million in the first quarter of 2013. This page provides - Cape Verde Gdp From Transport- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Cape Verde decreased to 1428 CVE Million in the fourth quarter of 2019 from 1461.10 CVE Million in the third quarter of 2019. GDP From Utilities in Cape Verde averaged 755.04 CVE Million from 2007 until 2019, reaching an all time high of 1461.10 CVE Million in the third quarter of 2019 and a record low of 203.60 CVE Million in the first quarter of 2007. This page provides - Cape Verde Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Spending in Cape Verde increased to 30374 CVE Million in the fourth quarter of 2019 from 27025 CVE Million in the third quarter of 2019. Consumer Spending in Cape Verde averaged 22355.86 CVE Million from 2007 until 2019, reaching an all time high of 30374 CVE Million in the fourth quarter of 2019 and a record low of 16724.72 CVE Million in the first quarter of 2010. This page provides - Cape Verde Consumer Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Cape Verde increased to 7970 CVE Million in the fourth quarter of 2019 from 7044 CVE Million in the third quarter of 2019. Government Spending in Cape Verde averaged 6311.66 CVE Million from 2007 until 2019, reaching an all time high of 7970 CVE Million in the fourth quarter of 2019 and a record low of 4809.66 CVE Million in the first quarter of 2008. This page provides - Cape Verde Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Cape Verde decreased to 12899 CVE Million in the fourth quarter of 2019 from 16407 CVE Million in the third quarter of 2019. Gross Fixed Capital Formation in Cape Verde averaged 13976.30 CVE Million from 2007 until 2019, reaching an all time high of 19598.70 CVE Million in the first quarter of 2009 and a record low of 6800.70 CVE Million in the fourth quarter of 2015. This page provides - Cape Verde Gross Fixed Capital Formation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Cape Verde increased to 19586 CVE Millions in the fourth quarter of 2019 from 12708.60 CVE Millions in the third quarter of 2019. Government Revenues in Cape Verde averaged 9812.31 CVE Millions from 2004 until 2019, reaching an all time high of 19586 CVE Millions in the fourth quarter of 2019 and a record low of 3861.83 CVE Millions in the first quarter of 2004. This page provides - Cape Verde Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Cape Verde increased to 108243.75 CVE Million in December from 107640.40 CVE Million in November of 2019. Money Supply M0 in Cape Verde averaged 99682.49 CVE Million from 2014 until 2019, reaching an all time high of 108243.75 CVE Million in December of 2019 and a record low of 87392.90 CVE Million in June of 2014. This page provides - Cape Verde Money Supply M0- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Cape Verde increased to 880380 CVE Million in December from 83497.50 CVE Million in November of 2019. Money Supply M1 in Cape Verde averaged 82040.23 CVE Million from 2014 until 2019, reaching an all time high of 880380 CVE Million in December of 2019 and a record low of 47147.40 CVE Million in January of 2014. This page provides - Cape Verde Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Cape Verde increased to 196281.80 CVE Million in December from 191137.90 CVE Million in November of 2019. Money Supply M2 in Cape Verde averaged 97136.75 CVE Million from 1993 until 2019, reaching an all time high of 1234914 CVE Million in March of 2013 and a record low of 18495.60 CVE Million in December of 1993. Cape Verde Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Cape Verde Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde recorded a Current Account surplus of 1290.30 CVE Million in the fourth quarter of 2019. Current Account in Cape Verde averaged -3634.45 CVE Million from 1994 until 2019, reaching an all time high of 2967.50 CVE Million in the first quarter of 2019 and a record low of -11803.10 CVE Million in the fourth quarter of 2004. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Cape Verde Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cape Verde recorded a capital and financial account deficit of 5726.50 CVE Millions in the fourth quarter of 2019. Capital Flows in Cape Verde averaged -3685.50 CVE Millions from 2012 until 2019, reaching an all time high of 2517.80 CVE Millions in the first quarter of 2016 and a record low of -9432.47 CVE Millions in the fourth quarter of 2013. This page provides - Cape Verde Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Cape Verde increased by 2626.70 CVE Million in the fourth quarter of 2019. Foreign Direct Investment in Cape Verde averaged 2635.41 CVE Million from 2012 until 2019, reaching an all time high of 8369.50 CVE Million in the third quarter of 2014 and a record low of -488.40 CVE Million in the first quarter of 2014. This page provides - Cape Verde Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Cape Verde increased to 72912.10 CVE Million in December from 69173.60 CVE Million in November of 2019. Foreign Exchange Reserves in Cape Verde averaged 24803.25 CVE Million from 1993 until 2019, reaching an all time high of 72912.10 CVE Million in December of 2019 and a record low of 784.10 CVE Million in December of 1998. In Cape Verde, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Cape Verde Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Cape Verde decreased to 415.10 CVE Million in February from 429.20 CVE Million in January of 2020. Exports in Cape Verde averaged 428.53 CVE Million from 1999 until 2020, reaching an all time high of 4909.34 CVE Million in December of 2002 and a record low of 37.30 CVE Million in January of 2005. Cape Verde main exports are fish (75 percent of total exports) and clothing (10 percent). Main export partner is Spain (86 percent of total exports) followed by Portugal (10 percent) and the United States. This page provides - Cape Verde Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Cape Verde decreased to 5185.60 CVE Million in February from 6211.50 CVE Million in January of 2020. Imports in Cape Verde averaged 5533.53 CVE Million from 1999 until 2020, reaching an all time high of 32602.32 CVE Million in December of 2002 and a record low of 2004.13 CVE Million in February of 2004. Cape Verde main imports are: food, fuel and machinery. Main import partner is Portugal (57 percent of total imports) followed by Netherlands (15 percent), Spain and Brazil. This page provides - Cape Verde Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde recorded a trade deficit of 4770.50 CVE Million in February of 2020. Balance of Trade in Cape Verde averaged -5112.33 CVE Million from 1999 until 2020, reaching an all time high of -1864.74 CVE Million in February of 2004 and a record low of -27692.99 CVE Million in December of 2002. Cape Verde runs systemic trade deficits due to small export volume. The country’s main exports are fish (75 percent of total exports) and clothing (10 percent). Cape Verde is dependent on imports for fuel, food and machinery. Cape Verde main trading partners are Portugal (10 percent of total exports and 57 percent of imports) and Spain (86 percent of exports and 5 percent of imports). This page provides - Cape Verde Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Cape Verde increased to 224049 in the fourth quarter of 2019 from 181664 in the third quarter of 2019. Tourist Arrivals in Cape Verde averaged 148438.73 from 2000 until 2019, reaching an all time high of 312880 in the fourth quarter of 2007 and a record low of 71246 in the second quarter of 2008. This page provides - Cape Verde Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Banks Balance Sheet in Cape Verde increased to 230473.89 CVE Million in December from 227132.78 CVE Million in November of 2019. Banks Balance Sheet in Cape Verde averaged 181232.58 CVE Million from 2012 until 2019, reaching an all time high of 230473.89 CVE Million in December of 2019 and a record low of 134797.80 CVE Million in April of 2012. This page provides - Cape Verde Banks Balance Sheet- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Cape Verde increased to 109079.60 CVE Million in December from 108074.90 CVE Million in November of 2019. Private Sector Credit in Cape Verde averaged 55254.18 CVE Million from 1993 until 2019, reaching an all time high of 109079.60 CVE Million in December of 2019 and a record low of 4270.40 CVE Million in December of 1993. This page provides - Cape Verde Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cape Verde recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Cape Verde averaged -7.63 percent from 1980 until 2019, reaching an all time high of 3.04 percent in 1980 and a record low of -16.20 percent in 2011. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Cape Verde Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Cape Verde increased to 15 points in the fourth quarter of 2019 from 12 points in the third quarter of 2019. Business Confidence in Cape Verde averaged 2.68 points from 2002 until 2019, reaching an all time high of 20 points in the fourth quarter of 2007 and a record low of -15 points in the first quarter of 2015. In Cape Verde, Survey of Economic Climate, published by INE, measures the level of optimism that people who run companies in industrial and commercial sectors have about the performance of the economy and how they feel about their organizations’ prospects. Survey incorporates questions about investment climate, export activity, capacity utilization levels and employment. This page provides - Cape Verde Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.