Cape Verde Current Account Balance

Factbook > Countries > Cape Verde > Economy

Current Account Balance: -$257.9 million (2012 est.)
-$287.8 million (2011 est.)

Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of December 6, 2013

See Also

Related Data From the International Monetary Fund

Variable: Current account balance

Note: Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Units: U.S. dollars

Scale: Billions

Country-specific Note: Source: Central Bank Latest actual data: 2010 BOP Manual used: BPM 5 Primary domestic currency: Cape Verde escudos Data last updated: 09/2011

Source: International Monetary Fund - 2011 World Economic Outlook

YearCurrent account balancePercent Change
1980-0.071 
1981-0.024-66.20 %
1982-0.013-45.83 %
1983-0.012-7.69 %
1984-0.007-41.67 %
1985-0.005-28.57 %
19860.002-140.00 %
19870.014600.00 %
1988-0.006-142.86 %
1989-0.026333.33 %
1990-0.018-30.77 %
1991-0.017-5.56 %
1992-0.0217.65 %
1993-0.03365.00 %
1994-0.0421.21 %
1995-0.05435.00 %
1996-0.035-35.19 %
1997-0.03-14.29 %
1998-0.05893.33 %
1999-0.08241.38 %
2000-0.059-28.05 %
2001-0.061.69 %
2002-0.06915.00 %
2003-0.09131.88 %
2004-0.13245.05 %
2005-0.034-74.24 %
2006-0.0676.47 %
2007-0.196226.67 %
2008-0.24525.00 %
2009-0.243-0.82 %
2010-0.186-23.46 %

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