Cabo Verde: Merchandise exports to high-income economies (% of total merchandise exports)
In , Cabo Verde's Merchandise exports to high-income economies (% of total merchandise exports) was 83.39.
That's up 1.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Cabo Verde ranks #48 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #5 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 99.33
- Trough
- 78.82
- 1-year change
- +1.6%
- 5-year change
- -15.8%
- -3.4% / yr
- 10-year change
- -11.0%
- -1.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 83.3936 | |
| 82.1198 | |
| 86.6079 | |
| 98.5268 | |
| 89.3956 | |
| 99.0589 | |
| 98.6764 | |
| 95.1499 | |
| 88.5483 | |
| 85.5126 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Cabo Verde's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Cabo Verde's Merchandise exports to high-income economies (% of total merchandise exports) was 83.39, according to World Bank Open Data.
- Is Cabo Verde's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Cabo Verde's Merchandise exports to high-income economies (% of total merchandise exports) rose 1.6% from 2022 to 2023.
- How does Cabo Verde rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Cabo Verde ranked #48 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Cabo Verde's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Cabo Verde is above the world average. Within Sub-Saharan Africa, it ranks #5 of 48.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.