Cape Verde Current Account to GDP 1980-2014 | Data | Chart | Calendar

Cape Verde recorded a Current Account deficit of 16.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Cape Verde averaged -8.51 Percent from 1980 until 2013, reaching an all time high of 3.04 Percent in 1980 and a record low of -16.40 Percent in 2013. Current Account to GDP in Cape Verde is reported by the Banco de Cabo Verde.

   
 
 

Cape Verde Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-16.40 -15.50 3.04 -16.40 1980 - 2013 Percent Yearly
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. Content for - Cape Verde Current Account to GDP - was last refreshed on Friday, October 31, 2014.

Cape Verde Trade Last Previous Highest Lowest Unit
Balance of Trade -4825.20 -6026.30 -1864.74 -27692.99 CVE Million [+]
Exports 799.10 618.30 4909.34 37.30 CVE Million [+]
Imports 5624.30 6644.60 32602.32 2004.13 CVE Million [+]
Current Account -1109.60 -1124.17 1612.93 -11803.10 CVE Million [+]
Current Account to GDP -16.40 -15.50 3.04 -16.40 Percent [+]
Remittances 1372.60 1157.90 1597.20 720.30 CVE Million [+]