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Cabo Verde: Merchandise imports from high-income economies (% of total merchandise imports)

In , Cabo Verde's Merchandise imports from high-income economies (% of total merchandise imports) was 83.80.

That's up 10.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 58.25 . Cabo Verde ranks #29 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #1 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Cabo Verde Merchandise imports from high-income economies (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
88.21
Trough
75.73
1-year change
+10.3%
5-year change
+1.3%
+0.3% / yr
10-year change
-1.0%
-0.1% / yr

Historical Data — Last 10 Years

Year Merchandise imports from high-income economies (% of total merchandise imports)
83.8022
75.9675
75.7309
86.6734
88.2125
82.7291
83.9233
83.6290
82.6238
86.3250

About Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Cabo Verde's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
In 2023, Cabo Verde's Merchandise imports from high-income economies (% of total merchandise imports) was 83.80, according to World Bank Open Data.
Is Cabo Verde's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
Cabo Verde's Merchandise imports from high-income economies (% of total merchandise imports) rose 10.3% from 2022 to 2023.
How does Cabo Verde rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
In 2023, Cabo Verde ranked #29 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
How does Cabo Verde's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Cabo Verde is above the world average. Within Sub-Saharan Africa, it ranks #1 of 48.
What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.