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

Cape Verde: Spending by a country’s residents while travelling abroad was 93.08 million current US$ in 2024. ▲ Rising

Latest (2024)
93.08 million current US$
Change on year
up 11.7%
World rank
164th
of 199 countries
All-time high
145.00 million current US$
in 2009
All-time low
20.00 million current US$
in 1995
Years of data
30
1995–2024

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

25.0M50.0M75.0M100.0M125.0M150.0M1995200920241995: 20.0M current US$1996: 24.0M current US$1997: 25.0M current US$1998: 32.0M current US$1999: 47.0M current US$2000: 41.0M current US$2001: 55.0M current US$2002: 63.0M current US$2003: 89.0M current US$2004: 93.0M current US$2005: 82.0M current US$2006: 106.0M current US$2007: 123.0M current US$2008: 143.0M current US$2009: 145.0M current US$2010: 138.0M current US$2011: 142.0M current US$2012: 135.0M current US$2013: 127.0M current US$2014: 115.0M current US$2015: 109.0M current US$2016: 79.0M current US$2017: 100.0M current US$2018: 107.0M current US$2019: 105.0M current US$2020: 62.8M current US$2021: 72.3M current US$2022: 74.3M current US$2023: 83.4M current US$2024: 93.1M current US$

Source: UN Tourism (2025) – processed by Our World in Data. Measured in current US$.

Analysis

Cape Verde recorded 93.08 million current US$ for spending by a country’s residents while travelling abroad in 2024.

Compared with earlier readings it is up 11.7% on the previous year and down 19.1% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad in Cape Verde peaked at 145.00 million current US$ in 2009 and was at its lowest, 20.00 million current US$, in 1995.

That places Cape Verde 164th out of 199 countries with data for 2024, putting it in the bottom quarter.

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

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

Annual values for Spending by a country’s residents while travelling abroad in Cape Verde, 1995 to 2024.
Year current US$ Change
1995 20.00 million current US$ —
1996 24.00 million current US$ +20.0%
1997 25.00 million current US$ +4.2%
1998 32.00 million current US$ +28.0%
1999 47.00 million current US$ +46.9%
2000 41.00 million current US$ -12.8%
2001 55.00 million current US$ +34.1%
2002 63.00 million current US$ +14.5%
2003 89.00 million current US$ +41.3%
2004 93.00 million current US$ +4.5%
2005 82.00 million current US$ -11.8%
2006 106.00 million current US$ +29.3%
2007 123.00 million current US$ +16.0%
2008 143.00 million current US$ +16.3%
2009 145.00 million current US$ +1.4%
2010 138.00 million current US$ -4.8%
2011 142.00 million current US$ +2.9%
2012 135.00 million current US$ -4.9%
2013 127.00 million current US$ -5.9%
2014 115.00 million current US$ -9.4%
2015 109.00 million current US$ -5.2%
2016 79.00 million current US$ -27.5%
2017 100.00 million current US$ +26.6%
2018 107.00 million current US$ +7.0%
2019 105.00 million current US$ -1.9%
2020 62.78 million current US$ -40.2%
2021 72.26 million current US$ +15.1%
2022 74.26 million current US$ +2.8%
2023 83.35 million current US$ +12.2%
2024 93.08 million current US$ +11.7%

Cape Verde compared with similar countries

  • Cape Verde's 93.08 million current US$ is below the median for upper middle income countries, which is 1.09 billion current US$, 9% of the median. (56 countries reporting)
  • Cape Verde's 93.08 million current US$ is below the median for Sub-Saharan Africa, which is 159.97 million current US$, 58% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 29.60 million current US$ 20.00 million current US$ 47.00 million current US$ 5
2000s 94.00 million current US$ 41.00 million current US$ 145.00 million current US$ 10
2010s 115.70 million current US$ 79.00 million current US$ 142.00 million current US$ 10
2020s 77.14 million current US$ 62.78 million current US$ 93.08 million current US$ 5

Countries ranked near Cape Verde

  1. 161 Bhutan 103.62 million current US$ compare
  2. 162 Guyana 99.99 million current US$ compare
  3. 163 Mauritania 99.80 million current US$ compare
  4. 165 Belize 85.68 million current US$ compare
  5. 166 Botswana 80.82 million current US$ compare
  6. 167 Chad 80.00 million current US$ compare

See the full ranking of 199 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 in Cape Verde?
Spending by a country’s residents while travelling abroad in Cape Verde was 93.08 million current US$ in 2024, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest spending by a country’s residents while travelling abroad recorded in Cape Verde?
The highest recorded value was 145.00 million current US$ in 2009.
What is the lowest spending by a country’s residents while travelling abroad recorded in Cape Verde?
The lowest recorded value was 20.00 million current US$ in 1995.
How does Cape Verde rank for spending by a country’s residents while travelling abroad?
Cape Verde ranks 164th out of 199 countries with data for 2024.
Is spending by a country’s residents while travelling abroad rising or falling in Cape Verde?
Over the last ten years it is down 19.1%. The long-run trend across the full record is rising.
Where does this Cape Verde data come from?
The figures come from UN Tourism (2025) – processed by Our World in Data, published as part of Spending by a country’s residents while travelling abroad. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad in Cape Verde. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-countrys-residents-while-travelling-abroad/cabo-verde/

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About this data

Indicator
Spending by a country’s residents while travelling abroad
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 4,611 data points, 1995–2024
Last refreshed

Money spent by a country’s residents abroad on accommodation, food, transport, entertainment, shopping, and fares paid to foreign airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.