Cape Verde recorded a Current Account surplus of 3.80 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Cape Verde averaged -7.14 percent of GDP from 1980 until 2024, reaching an all time high of 3.80 percent of GDP in 2024 and a record low of -15.50 percent of GDP in 1981. source: Banco de Cabo Verde
Current Account to GDP in Cape Verde is expected to reach -0.60 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Current Account to GDP is projected to trend around -1.00 percent of GDP in 2027 and -3.30 percent of GDP in 2028, according to our econometric models.