Cape Verde Current Account - Forecast

Current Account in Cape Verde is expected to be -3894.48 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 -4089.68 in 12 months time. In the long-term, the Cape Verde Current Account is projected to trend around -4555.50 CVE Million in 2020, according to our econometric models.


Cape Verde Current Account
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Cape Verde Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -6790 -6764 -7045 -7199 -7294 -7822
Exports 576 794 891 952 991 1077
Imports 7367 7644 8061 8298 8442 9018
Current Account -2365 -3894 -3776 -3910 -4090 -4556
Current Account to GDP -7.2 -8 -8 -6.69 -8 -5
Remittances 1673 1468 1384 1351 1321 1245
Foreign Direct Investment 2428 3417 3021 2937 2741 2953
Tourist Arrivals 163599 166900 164700 163500 162900 159300