Cape Verde recorded a Current Account deficit of 11 percent of the country's Gross Domestic Product in 2021. source: Banco de Cabo Verde
Current Account to GDP in Cape Verde averaged -7.85 percent of GDP from 1980 until 2021, reaching an all time high of 3.04 percent of GDP in 1980 and a record low of -16.20 percent of GDP 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 August of 2022.
Current Account to GDP in Cape Verde is expected to reach -10.00 percent of GDP by the end of 2022, 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 -7.50 percent of GDP in 2023 and -6.00 percent of GDP in 2024, according to our econometric models.