Cape Verde Current Account to GDP  1980-2016 | Data | Chart | Calendar

Cape Verde recorded a Current Account deficit of 7.50 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Cape Verde averaged -8.11 percent from 1980 until 2014, reaching an all time high of 3.04 percent in 1980 and a record low of -16.20 percent in 2011. Current Account to GDP in Cape Verde is reported by the Banco de Cabo Verde.

Cape Verde Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-7.50 -4.90 3.04 -16.20 1980 - 2014 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. Cape Verde Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Cape Verde Trade Last Previous Highest Lowest Unit
Balance of Trade -5001.90 -5131.40 -1864.74 -27692.99 CVE Million [+]
Exports 638.10 678.50 4909.34 37.30 CVE Million [+]
Imports 5640.00 5809.90 32602.32 2004.13 CVE Million [+]
Current Account -438.18 -4145.18 482.96 -11803.10 CVE Million [+]
Current Account to GDP -7.50 -4.90 3.04 -16.20 percent [+]
Remittances 1063.60 1253.50 1810.00 720.30 CVE Million [+]
Foreign Direct Investment 1707.00 2664.10 4905.00 -488.40 CVE Million [+]
Tourist Arrivals 129954.00 116284.00 312880.00 71246.00 [+]




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