Cabo Verde: Exports of goods and services (% of GDP)
In , Cabo Verde's Exports of goods and services (% of GDP) was 42.50.
That's up 8.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Cabo Verde ranks #62 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #8 of 39.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 46.71
- Trough
- 23.85
- 1-year change
- +8.2%
- 5-year change
- -9.0%
- -1.9% / yr
- 10-year change
- +14.1%
- +1.3% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 42.4986 | |
| 39.2805 | |
| 38.6843 | |
| 23.8498 | |
| 25.2934 | |
| 46.7050 | |
| 45.8660 | |
| 42.0688 | |
| 41.4729 | |
| 41.1352 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Cabo Verde's Exports of goods and services (% of GDP) in 2024?
- In 2024, Cabo Verde's Exports of goods and services (% of GDP) was 42.50, according to World Bank Open Data.
- Is Cabo Verde's Exports of goods and services (% of GDP) rising or falling?
- Cabo Verde's Exports of goods and services (% of GDP) rose 8.2% from 2023 to 2024.
- How does Cabo Verde rank globally on Exports of goods and services (% of GDP)?
- In 2024, Cabo Verde ranked #62 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Cabo Verde's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Cabo Verde is below the world average. Within Sub-Saharan Africa, it ranks #8 of 39.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.