Cape Verde Current Account - Forecast

Current Account in Cape Verde is expected to be -3473.11 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 -3042.38 in 12 months time. In the long-term, the Cape Verde Current Account is projected to trend around -2984.78 CVE Million in 2020, according to our econometric models.


Cape Verde Current Account
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Cape Verde Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -5231 -3592 -3195 -3203 -3122 -3007
Exports 524 527 537 544 547 553
Imports 5755 4119 3881 3747 3669 3560
Current Account -2495 -3473 -2794 -2984 -3042 -2985
Current Account to GDP -7.1 -8 -8 -7.6 -7.6 -5
Remittances 1752 1498 1536 1516 1526 1523
Tourist Arrivals 215349 195100 206300 210600 204800 205700
Foreign Direct Investment 3442 2925 2645 2689 3087 2932