Cape Verde Remittances - Forecast

Remittances in Cape Verde is expected to be 1370.49 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Cape Verde to stand at 1423.49 in 12 months time. In the long-term, the Cape Verde Remittances is projected to trend around 1418.43 CVE Million in 2020, according to our econometric models.


Forecast Data Chart
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Cape Verde Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -6281 -7127 -7756 -7744 -7874 -8053
Exports 467 478 476 476 475 475
Imports 6748 7605 7996 8220 8350 8528
Current Account 1800 -859 -308 -662 -43.88 -321
Current Account to GDP -7.1 -8 -8 -7.6 -7.6 -5
Remittances 1216 1370 1442 1408 1423 1418
Tourist Arrivals 215349 195100 206300 210600 204800 205700
Foreign Direct Investment 1992 3279 2931 3057 2824 2921