Remittances in Cape Verde increased to 1726.20 CVE Million in July from 1570.50 CVE Million in June of 2019. Remittances in Cape Verde averaged 1088.17 CVE Million from 2002 until 2019, reaching an all time high of 2034.16 CVE Million in August of 2016 and a record low of 523.08 CVE Million in February of 2002.
Remittances in Cape Verde is expected to be 1960.00 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 1400.00 in 12 months time. In the long-term, the Cape Verde Remittances is projected to trend around 1576.81 CVE Million in 2020, according to our econometric models.