Cape Verde recorded a Current Account deficit of 4.40 percent of the country's Gross Domestic Product in 2019. source: Banco de Cabo Verde
Current Account to GDP in Cape Verde averaged -7.63 percent from 1980 until 2019, reaching an all time high of 3.04 percent in 1980 and a record low of -16.20 percent in 2011. This page provides - Cape Verde Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Current Account to GDP - values, historical data and charts - was last updated on May of 2021.
Current Account to GDP in Cape Verde is expected to reach -8.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Current Account to GDP is projected to trend around -7.00 percent in 2021 and -4.70 percent in 2022, according to our econometric models.