Cape Verde Remittances  Forecast


Remittances in Cape Verde is expected to be 1322.33 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 1268.14 in 12 months time. In the long-term, the Cape Verde Remittances is projected to trend around 1223.16 CVE Million in 2020, according to our econometric models.


Cape Verde Remittances
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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