Cape Verde recorded a Current Account deficit of 7479 CVE Million in the second quarter of 2021. source: Banco de Cabo Verde

Current Account in Cape Verde averaged -3874.45 CVE Million from 1994 until 2021, reaching an all time high of 3102.20 CVE Million in the first quarter of 2019 and a record low of -11803.10 CVE Million in the fourth quarter of 2004. This page provides the latest reported value for - Cape Verde Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Current Account - values, historical data and charts - was last updated on December of 2021.

Current Account in Cape Verde is expected to be -1780.00 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Current Account is projected to trend around -2714.31 CVE Million in 2022 and -2695.23 CVE Million in 2023, according to our econometric models.

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Cape Verde Current Account


Related Last Previous Unit Reference
Balance of Trade -4712.30 -5496.30 CVE Million Aug/21
Current Account -7479.00 -6996.30 CVE Million Jun/21
Current Account to GDP -15.60 0.30 percent of GDP Dec/20
Imports 5098.70 6168.60 CVE Million Aug/21
Exports 386.40 672.30 CVE Million Aug/21
Remittances 2373.60 2234.60 CVE Million Jun/21
Foreign Direct Investment 3015.80 2026.70 CVE Million Jun/21
Capital Flows -3285.20 -3707.10 CVE Millions Jun/21
Cape Verde Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).