Cape Verde recorded a Current Account deficit of 1929.30 CVE Million in the fourth quarter of 2021. source: Banco de Cabo Verde

Current Account in Cape Verde averaged -3904.78 CVE Million from 1994 until 2021, reaching an all time high of 3017.70 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 August of 2022.

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 2023 and -2695.23 CVE Million in 2024, according to our econometric models.

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Cape Verde Current Account

Related Last Previous Unit Reference
Balance of Trade -6464.20 -5161.80 CVE Million Feb 2022
Current Account to GDP -11.00 -15.90 percent of GDP Dec 2021
Current Account -1929.30 -6213.00 CVE Million Dec 2021
Exports 402.40 121.90 CVE Million Feb 2022
Imports 6866.50 5283.70 CVE Million Feb 2022
Remittances 2799.80 2230.60 CVE Million Dec 2021
Foreign Direct Investment 1387.30 3468.90 CVE Million Dec 2021
Capital Flows -8801.80 -5387.70 CVE Millions Dec 2021

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).
Actual Previous Highest Lowest Dates Unit Frequency
-1929.30 -6213.00 3017.70 -11803.10 1994 - 2021 CVE Million Quarterly