Remittances in Cape Verde increased to 2296.60 CVE Million in December from 1673.10 CVE Million in November of 2020. source: Banco de Cabo Verde

Remittances in Cape Verde averaged 1139.37 CVE Million from 2002 until 2020, reaching an all time high of 2296.60 CVE Million in December of 2020 and a record low of 523.08 CVE Million in February of 2002. This page provides - Cape Verde Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Remittances - values, historical data and charts - was last updated on May of 2021.

Remittances in Cape Verde is expected to be 1400.00 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 1577.06 CVE Million in 2022 and 1576.81 CVE Million in 2023, according to our econometric models.

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Cape Verde Remittances

Actual Previous Highest Lowest Dates Unit Frequency
2296.60 1673.10 2296.60 523.08 2002 - 2020 CVE Million Monthly

Cape Verde Trade Last Previous Highest Lowest Unit
Balance of Trade -4351.80 -5417.10 -1864.74 -27692.99 CVE Million [+]
Current Account -8730.80 -8490.60 9533.00 -11803.10 CVE Million [+]
Current Account to GDP -0.20 -4.50 3.04 -16.20 percent [+]
Imports 4805.10 5517.90 32602.32 2004.13 CVE Million [+]
Exports 186.20 289.10 4909.34 37.30 CVE Million [+]
Remittances 2296.60 1673.10 2296.60 523.08 CVE Million [+]
Capital Flows 938.80 -5944.10 2517.80 -9432.47 CVE Millions [+]
Tourist Arrivals 9034.00 3701.00 312880.00 3701.00 [+]
Foreign Direct Investment 1886.60 2183.90 8369.50 -488.40 CVE Million [+]


Cape Verde Remittances
In Cape Verde, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).