Cape Verde Current Account  Forecast


Current Account in Cape Verde is expected to be -1452.67 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Cape Verde to stand at -1278.33 in 12 months time. In the long-term, the Cape Verde Current Account is projected to trend around -1256.57 CVE Million in 2020, according to our econometric models.

Cape Verde Current Account
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Cape Verde Trade Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Balance of Trade -4908 -5035 -5029 -5171 -5342 -6751
Exports 520 575 657 721 773 1012
Imports 5429 5550 5554 5721 5938 7814
Current Account -1099 -1453 -1340 -1253 -1278 -1257
Current Account to GDP -7.2 -8.8 -8.8 -8 -8 -5
Remittances 1542 1322 1308 1294 1268 1223
Tourist Arrivals 153535 147945 153116 157177 157392 158062
Foreign Direct Investment 2030 2865 3242 2861 2996 2879