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Spending by a country’s residents while travelling abroad, per unit in Cape Verde

Cape Verde: Spending by a country’s residents while travelling abroad, per unit was 0.0343 current US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0343 current US$ per US$ of GDP
Change on year
up 3.1%
World rank
63rd
of 194 countries
All-time high
0.1094 current US$ per US$ of GDP
in 2003
All-time low
0.033 current US$ per US$ of GDP
in 2022
Years of data
30
1995–2024

Spending by a country’s residents while travelling abroad, per unit in Cape Verde, 1995–2024

0.040.060.080.11995200920241995: 0.041 current US$ per US$ of GDP1996: 0.048 current US$ per US$ of GDP1997: 0.051 current US$ per US$ of GDP1998: 0.061 current US$ per US$ of GDP1999: 0.079 current US$ per US$ of GDP2000: 0.076 current US$ per US$ of GDP2001: 0.098 current US$ per US$ of GDP2002: 0.102 current US$ per US$ of GDP2003: 0.109 current US$ per US$ of GDP2004: 0.101 current US$ per US$ of GDP2005: 0.084 current US$ per US$ of GDP2006: 0.096 current US$ per US$ of GDP2007: 0.075 current US$ per US$ of GDP2008: 0.073 current US$ per US$ of GDP2009: 0.078 current US$ per US$ of GDP2010: 0.076 current US$ per US$ of GDP2011: 0.069 current US$ per US$ of GDP2012: 0.071 current US$ per US$ of GDP2013: 0.063 current US$ per US$ of GDP2014: 0.056 current US$ per US$ of GDP2015: 0.062 current US$ per US$ of GDP2016: 0.043 current US$ per US$ of GDP2017: 0.05 current US$ per US$ of GDP2018: 0.049 current US$ per US$ of GDP2019: 0.047 current US$ per US$ of GDP2020: 0.034 current US$ per US$ of GDP2021: 0.035 current US$ per US$ of GDP2022: 0.033 current US$ per US$ of GDP2023: 0.033 current US$ per US$ of GDP2024: 0.034 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

The most recent figure for spending by a country’s residents while travelling abroad, per unit in Cape Verde is 0.0343 current US$ per US$ of GDP, measured in 2024.

The figure is up 3.1% on the previous year and down 39.1% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, per unit in Cape Verde peaked at 0.1094 current US$ per US$ of GDP in 2003 and was at its lowest, 0.033 current US$ per US$ of GDP, in 2022.

Cape Verde ranks 63rd of 194 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 30 years of available data.

Spending by a country’s residents while travelling abroad, per unit in Cape Verde, year by year

Year current US$ per US$ of GDP Change
1995 0.0411 current US$ per US$ of GDP —
1996 0.0478 current US$ per US$ of GDP +16.5%
1997 0.051 current US$ per US$ of GDP +6.6%
1998 0.0613 current US$ per US$ of GDP +20.3%
1999 0.0793 current US$ per US$ of GDP +29.4%
2000 0.076 current US$ per US$ of GDP -4.2%
2001 0.0977 current US$ per US$ of GDP +28.5%
2002 0.1015 current US$ per US$ of GDP +3.9%
2003 0.1094 current US$ per US$ of GDP +7.8%
2004 0.1005 current US$ per US$ of GDP -8.1%
2005 0.0843 current US$ per US$ of GDP -16.1%
2006 0.0957 current US$ per US$ of GDP +13.5%
2007 0.0746 current US$ per US$ of GDP -22.1%
2008 0.073 current US$ per US$ of GDP -2.1%
2009 0.0783 current US$ per US$ of GDP +7.3%
2010 0.0756 current US$ per US$ of GDP -3.4%
2011 0.0694 current US$ per US$ of GDP -8.3%
2012 0.0706 current US$ per US$ of GDP +1.7%
2013 0.0626 current US$ per US$ of GDP -11.3%
2014 0.0563 current US$ per US$ of GDP -10.0%
2015 0.0623 current US$ per US$ of GDP +10.6%
2016 0.0427 current US$ per US$ of GDP -31.4%
2017 0.0501 current US$ per US$ of GDP +17.3%
2018 0.0485 current US$ per US$ of GDP -3.1%
2019 0.0466 current US$ per US$ of GDP -3.9%
2020 0.0345 current US$ per US$ of GDP -26.1%
2021 0.0352 current US$ per US$ of GDP +2.2%
2022 0.033 current US$ per US$ of GDP -6.2%
2023 0.0333 current US$ per US$ of GDP +0.7%
2024 0.0343 current US$ per US$ of GDP +3.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0561 current US$ per US$ of GDP 0.0411 current US$ per US$ of GDP 0.0793 current US$ per US$ of GDP 5
2000s 0.0891 current US$ per US$ of GDP 0.073 current US$ per US$ of GDP 0.1094 current US$ per US$ of GDP 10
2010s 0.0585 current US$ per US$ of GDP 0.0427 current US$ per US$ of GDP 0.0756 current US$ per US$ of GDP 10
2020s 0.0341 current US$ per US$ of GDP 0.033 current US$ per US$ of GDP 0.0352 current US$ per US$ of GDP 5

Countries ranked near Cape Verde

  1. 60 Jordan 0.0351 current US$ per US$ of GDP compare
  2. 61 Laos 0.035 current US$ per US$ of GDP compare
  3. 62 El Salvador 0.0345 current US$ per US$ of GDP compare
  4. 64 Malaysia 0.0337 current US$ per US$ of GDP compare
  5. 65 Thailand 0.0326 current US$ per US$ of GDP compare
  6. 66 Fiji 0.0324 current US$ per US$ of GDP 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 spending by a country’s residents while travelling abroad, per unit in Cape Verde?
Spending by a country’s residents while travelling abroad, per unit in Cape Verde was 0.0343 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per unit recorded in Cape Verde?
The highest recorded value was 0.1094 current US$ per US$ of GDP in 2003.
What is the lowest spending by a country’s residents while travelling abroad, per unit recorded in Cape Verde?
The lowest recorded value was 0.033 current US$ per US$ of GDP in 2022.
How does Cape Verde rank for spending by a country’s residents while travelling abroad, per unit?
Cape Verde ranks 63rd out of 194 countries with data for 2024.
Is spending by a country’s residents while travelling abroad, per unit rising or falling in Cape Verde?
Over the last ten years it is down 39.1%. The long-run trend across the full record is falling.
Where does this Cape Verde data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, per unit of GDP. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per unit in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-per-unit-of-gdp/cabo-verde/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by a country’s residents while travelling abroad ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,539 data points, 1995–2024
Last refreshed

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.