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

Merchandise imports from high-income economies (% of total merchandise imports) in Cabo Verde was 80.88 as of 2020. Its highest value over the past 50 years was 88.91 in 1978, while its lowest value was 64.42 in 1977.

Definition: 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.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1970 74.55
1971 68.81
1972 71.19
1973 79.06
1974 69.71
1975 76.08
1976 76.00
1977 64.42
1978 88.91
1979 76.29
1980 81.70
1981 86.76
1982 83.06
1983 80.86
1984 79.29
1985 76.14
1986 82.56
1987 76.36
1988 82.41
1989 78.17
1990 82.37
1991 74.43
1992 72.34
1993 74.64
1994 82.83
1995 82.05
1996 86.38
1997 86.60
1998 88.45
1999 86.76
2000 86.40
2001 85.75
2002 87.46
2003 82.98
2004 85.20
2005 83.24
2006 85.26
2007 85.41
2008 84.71
2009 85.39
2010 84.79
2011 87.09
2012 85.97
2013 83.66
2014 85.03
2015 80.30
2016 80.63
2017 81.58
2018 80.62
2019 83.01
2020 80.88

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports