Cape Verde Current Account to GDP  1980-2018 | Data | Chart | Calendar

Cape Verde recorded a Current Account deficit of 7.20 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Cape Verde averaged -8.06 percent from 1980 until 2016, reaching an all time high of 3.04 percent in 1980 and a record low of -16.20 percent in 2011.

Cape Verde Current Account to GDP
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Cape Verde Trade Last Previous Highest Lowest Unit
Balance of Trade -6790.50 -5171.00 -1864.74 -27692.99 CVE Million [+]
Exports 576.30 511.90 4909.34 37.30 CVE Million [+]
Imports 7366.80 5682.90 32602.32 2004.13 CVE Million [+]
Current Account -2364.60 -6717.10 901.20 -11803.10 CVE Million [+]
Current Account to GDP -7.20 -4.30 3.04 -16.20 percent [+]
Remittances 1673.00 1346.00 2161.00 720.30 CVE Million [+]
Foreign Direct Investment 2427.90 2747.60 5979.90 -488.40 CVE Million [+]
Tourist Arrivals 163599.00 153535.00 312880.00 71246.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Cape Verde Current Account to GDP

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-7.20 -4.30 3.04 -16.20 1980 - 2016 percent Yearly

current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16