Remittances in Cape Verde

Cape Verde: Remittances was 11.67 in 2025. ▼ Falling

Latest (2025)
11.67
Change on year
down 5.2%
World rank
22nd
of 194 countries
All-time high
28.17
in 1980
All-time low
7.17
in 2010
Years of data
46
1980–2025

Remittances in Cape Verde, 1980–2025

51015202530198020022025

Source: Our World in Data.

Analysis

Cape Verde recorded 11.67 for remittances in 2025.

The figure is down 5.2% on the previous year and up 1.7% over ten years.

Over the whole period, remittances in Cape Verde peaked at 28.17 in 1980 and was at its lowest, 7.17, in 2010.

Cape Verde ranks 22nd of 194 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 46 years of available data.

Remittances in Cape Verde, year by year

Annual values for Remittances in Cape Verde, 1980 to 2025.
Year Value Change
1980 28.17 —
1981 22.66 -19.6%
1982 18.38 -18.9%
1983 14.84 -19.3%
1984 15.62 +5.2%
1985 15.07 -3.5%
1986 14.46 -4.1%
1987 15.48 +7.1%
1988 16.17 +4.4%
1989 17.84 +10.3%
1990 19.27 +8.0%
1991 19.5 +1.2%
1992 21.28 +9.1%
1993 15.6 -26.7%
1994 21.02 +34.8%
1995 21.73 +3.4%
1996 19.99 -8.0%
1997 15.58 -22.1%
1998 14.13 -9.3%
1999 13.46 -4.8%
2000 16.65 +23.7%
2001 14.38 -13.6%
2002 13.7 -4.7%
2003 13.33 -2.7%
2004 12.26 -8.0%
2005 14.06 +14.6%
2006 12.33 -12.3%
2007 8.41 -31.8%
2008 7.91 -6.0%
2009 7.32 -7.5%
2010 7.17 -2.0%
2011 8.64 +20.5%
2012 9.25 +7.0%
2013 8.67 -6.3%
2014 9.65 +11.3%
2015 11.48 +19.0%
2016 11.43 -0.5%
2017 10.85 -5.1%
2018 10.63 -1.9%
2019 9.55 -10.2%
2020 12.85 +34.6%
2021 15.33 +19.3%
2022 14.03 -8.5%
2023 12.63 -10.0%
2024 12.31 -2.6%
2025 11.67 -5.2%

Cape Verde compared with similar countries

  • Cape Verde's 11.67 is above the median for upper middle income countries, which is 3.62, 3.2× the median. (56 countries reporting)
  • Cape Verde's 11.67 is above the median for Sub-Saharan Africa, which is 2.52, 4.6× the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 17.87 14.46 28.17 10
1990s 18.16 13.46 21.73 10
2000s 12.04 7.32 16.65 10
2010s 9.73 7.17 11.48 10
2020s 13.14 11.67 15.33 6

Countries ranked near Cape Verde

  1. 19 Jamaica 16.19 compare
  2. 20 Uzbekistan 14.28 compare
  3. 21 Yemen 12.04 compare
  4. 23 Egypt 11.37 compare
  5. 24 Georgia 11.17 compare
  6. 25 Bosnia and Herzegovina 10.7 compare

See the full ranking of 194 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is remittances in Cape Verde?
Remittances in Cape Verde was 11.67 in 2025, according to Our World in Data.
What is the highest remittances recorded in Cape Verde?
The highest recorded value was 28.17 in 1980.
What is the lowest remittances recorded in Cape Verde?
The lowest recorded value was 7.17 in 2010.
How does Cape Verde rank for remittances?
Cape Verde ranks 22nd out of 194 countries with data for 2025.
Is remittances rising or falling in Cape Verde?
Over the last ten years it is up 1.7%. The long-run trend across the full record is falling.
Where does this Cape Verde data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Cape Verde. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/cabo-verde/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed