Remittances in Cape Verde increased to 2373.60 CVE Million in June from 2234.60 CVE Million in May of 2021. source: Banco de Cabo Verde

Remittances in Cape Verde averaged 1164.25 CVE Million from 2002 until 2021, reaching an all time high of 2373.60 CVE Million in June of 2021 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 October 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. 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


Cape Verde Last Unit Reference Previous Highest Lowest
Balance of Trade -6578.60 CVE Million Jun/21 -5821.70 -1864.74 -27692.99
Current Account -7479.00 CVE Million Jun/21 -6996.30 3102.20 -11803.10
Current Account to GDP -15.60 percent of GDP Dec/20 0.30 3.04 -16.20
Imports 6874.80 CVE Million Jun/21 6295.10 32602.32 2004.13
Exports 296.30 CVE Million Jun/21 473.30 5233.00 37.30
Remittances 2373.60 CVE Million Jun/21 2234.60 2373.60 523.08
Capital Flows -3440.90 CVE Millions Mar/21 938.80 2517.80 -9432.47
Foreign Direct Investment 1886.60 CVE Million Dec/20 2183.90 8369.50 -488.40


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