Economy · Exports of goods and services · Cabo Verde
Cabo Verde’s exports of goods and services fell to 42% of GDP in 2025.
42% of GDP
2025
Down 0.7 pp from 2024.
Updated 8 Oct 2026
In plain words
42% of GDP
What it is. This measure adds up the value of goods sold abroad and services supplied to foreign buyers, such as transport and travel, and divides the total by gross domestic product. The sums are gross, so the value of imported inputs sits inside the export figure. The ratio shows how much of the economy depends on foreign demand. It says nothing about how much of that income stays in the country after imports are paid for.
Higher is better. A higher share means foreign customers pay for more of what the economy produces, which brings in foreign currency and widens the base for jobs and tax revenue. The latest figure is 42% of GDP for 2025, down from 42.7% of GDP a year earlier, a fall of 0.7 percentage points. Since 2016 the range runs from a low of 23.8% of GDP in 2021 to a high of 46.7% of GDP in 2019. The current level therefore sits in the upper part of that range, a little below the 2019 peak and well above the 2021 trough.
Why it matters. At 42% of GDP, overseas buyers account for a large part of national output, so household incomes, business takings and public revenue in Cabo Verde follow foreign demand closely. The 2021 low of 23.8% of GDP shows how far the ratio can drop when that demand weakens. The small slip since 2024 is the next figure to check against the 2019 high of 46.7% of GDP.
| Period | Exports of goods and services · Cabo Verde |
|---|---|
| 2016 | 41.5% of GDP |
| 2017 | 42.1% of GDP |
| 2018 | 45.9% of GDP |
| 2019 | 46.7% of GDP |
| 2020 | 25.3% of GDP |
| 2021 | 23.8% of GDP |
| 2022 | 38.7% of GDP |
| 2023 | 39.3% of GDP |
| 2024 | 42.7% of GDP |
| 2025 | 42% of GDP |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
How to read this number
- Source
- Who published the figure
- Published
- When they released it
- Verified
- When we last checked it against the source
Every change is logged in Corrections. How the figure is made: Methodology.
Cite this number
Show text
Strata-AF™ Data, Exports of goods and services, Cabo Verde, 2025; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/exports/cabo-verde
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
Strata AI commentary is coming — reviewed, dated, and generated only from the figures on this page.
Methodology
Exports of goods and services as a share of GDP. Unit: % of GDP.
Source: World Bank, World Development Indicators (series NE.EXP.GNFS.ZS), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.