Flag of cv

Cape Verde Exports (% GDP)

Cape Verde's exports (% GDP) rose to 41.86% in 2024, up from 38.32% in 2023, according to World Bank. This represents an increase of 3.54% from the previous year. Cape Verde has exports (% GDP) higher than the global median (41.86% vs median 37.25%). Compared with the median in Africa, Cape Verde is higher (41.86% vs regional median 28.30%) and ranks 14th out of 48 countries in Africa.

Cape Verde's imports (% GDP) fell to 53.24% in 2024, down from 56.26% in 2023.

Yearly Historical Data (1980-2024)

(in %)
Year Exports (% GDP)
2024 41.86%
2023 38.32%
2022 38.68%
2021 23.85%
2020 25.29%
2019 46.71%
2018 45.87%
2017 42.07%
2016 41.47%
2015 41.14%
2014 37.25%
2013 37.52%
2012 37.46%
2011 32.87%
2010 30.28%
2009 41.36%
2008 45.94%
2007 33.75%
2006 45.13%
2005 37.78%
2004 32%
2003 31.36%
2002 32.54%
2001 29.81%
2000 27.01%
1999 20.98%
1998 22.8%
1997 27.44%
1996 20.2%
1995 17.14%
1994 15.05%
1993 13.26%
1992 17.28%
1991 16.56%
1990 17.13%
1989 19.23%
1988 16.71%
1987 18.1%
1986 17.61%
1985 22.64%
1984 22.77%
1983 24.63%
1982 22.93%
1981 21.47%
1980 17.07%
Cape Verde Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Cape Verde compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $281.68M $309.81M 2023
Annual Imports $1.76B $1.77B 2023
FDI Inflows (% GDP) 3.89% 6.25% 2024
Imports (% GDP) 53.24% 56.26% 2024
Net Trade (Goods & Services, BoP) -$315M -$455.8M 2024
Tariff Rate 14.31% 13.59% 2022
Trade (% GDP) 95.09% 94.58% 2024