Foreign Direct Investment in Cape Verde shrank to CVE 1076.1 million in the second quarter of 2019 from CVE 3181.8 million in the same period of the previous year, largely due to divestment from Portugal ( CVE -2395 million from CVE 209.1 million in Q2 2018). Foreign Direct Investment in Cape Verde averaged 2605.21 CVE Million from 2012 until 2019, reaching an all time high of 8369.50 CVE Million in the third quarter of 2014 and a record low of -488.40 CVE Million in the first quarter of 2014.
Foreign Direct Investment in Cape Verde is expected to be 1700.00 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Direct Investment in Cape Verde to stand at 2000.00 in 12 months time. In the long-term, the Cape Verde Foreign Direct Investment is projected to trend around 1750.00 CVE Million in 2020, according to our econometric models.