Spending by international visitors while visiting a country in Cape Verde

Cape Verde: Spending by international visitors while visiting a country was 647.75 million current US$ in 2024. ◆ Volatile

Latest (2024)
647.75 million current US$
Change on year
up 19.8%
World rank
131st
of 203 countries
All-time high
647.75 million current US$
in 2024
All-time low
29.00 million current US$
in 1995
Years of data
30
1995–2024

Spending by international visitors while visiting a country in Cape Verde, 1995–2024

0200.0M400.0M600.0M1995200920241995: 29.0M current US$1996: 37.0M current US$1997: 50.0M current US$1998: 45.0M current US$1999: 56.0M current US$2000: 64.0M current US$2001: 77.0M current US$2002: 100.0M current US$2003: 135.0M current US$2004: 153.0M current US$2005: 177.0M current US$2006: 280.0M current US$2007: 375.0M current US$2008: 432.0M current US$2009: 349.0M current US$2010: 387.0M current US$2011: 438.0M current US$2012: 452.0M current US$2013: 483.0M current US$2014: 453.0M current US$2015: 380.0M current US$2016: 397.0M current US$2017: 451.0M current US$2018: 520.0M current US$2019: 567.2M current US$2020: 168.7M current US$2021: 144.8M current US$2022: 403.0M current US$2023: 540.9M current US$2024: 647.8M current US$

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

Analysis

The most recent figure for spending by international visitors while visiting a country in Cape Verde is 647.75 million current US$, measured in 2024. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 19.8% on the previous year and up 43.0% over ten years.

Over the whole period, spending by international visitors while visiting a country in Cape Verde peaked at 647.75 million current US$ in 2024 and was at its lowest, 29.00 million current US$, in 1995.

That places Cape Verde 131st out of 203 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by international visitors while visiting a country in Cape Verde, year by year

Annual values for Spending by international visitors while visiting a country in Cape Verde, 1995 to 2024.
Year current US$ Change
1995 29.00 million current US$
1996 37.00 million current US$ +27.6%
1997 50.00 million current US$ +35.1%
1998 45.00 million current US$ -10.0%
1999 56.00 million current US$ +24.4%
2000 64.00 million current US$ +14.3%
2001 77.00 million current US$ +20.3%
2002 100.00 million current US$ +29.9%
2003 135.00 million current US$ +35.0%
2004 153.00 million current US$ +13.3%
2005 177.00 million current US$ +15.7%
2006 280.00 million current US$ +58.2%
2007 375.00 million current US$ +33.9%
2008 432.00 million current US$ +15.2%
2009 349.00 million current US$ -19.2%
2010 387.00 million current US$ +10.9%
2011 438.00 million current US$ +13.2%
2012 452.00 million current US$ +3.2%
2013 483.00 million current US$ +6.9%
2014 453.00 million current US$ -6.2%
2015 380.00 million current US$ -16.1%
2016 397.00 million current US$ +4.5%
2017 451.00 million current US$ +13.6%
2018 520.00 million current US$ +15.3%
2019 567.20 million current US$ +9.1%
2020 168.71 million current US$ -70.3%
2021 144.84 million current US$ -14.2%
2022 402.96 million current US$ +178.2%
2023 540.90 million current US$ +34.2%
2024 647.75 million current US$ +19.8%

Cape Verde compared with similar countries

  • Cape Verde's 647.75 million current US$ is below the median for upper middle income countries, which is 1.79 billion current US$, 36% of the median. (57 countries reporting)
  • Cape Verde's 647.75 million current US$ is above the median for Sub-Saharan Africa, which is 245.75 million current US$, 2.6× the median. (42 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +178.2% 144.84 million current US$ 402.96 million current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 43.40 million current US$ 29.00 million current US$ 56.00 million current US$ 5
2000s 214.20 million current US$ 64.00 million current US$ 432.00 million current US$ 10
2010s 452.82 million current US$ 380.00 million current US$ 567.20 million current US$ 10
2020s 381.03 million current US$ 144.84 million current US$ 647.75 million current US$ 5

Countries ranked near Cape Verde

  1. 128 Grenada 671.57 million current US$ compare
  2. 129 Belarus 661.53 million current US$ compare
  3. 130 Senegal 649.69 million current US$ compare
  4. 132 North Macedonia 632.06 million current US$ compare
  5. 133 Venezuela 546.00 million current US$ compare
  6. 134 Martinique 535.00 million current US$ compare

See the full ranking of 203 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is spending by international visitors while visiting a country in Cape Verde?
Spending by international visitors while visiting a country in Cape Verde was 647.75 million current US$ in 2024, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest spending by international visitors while visiting a country recorded in Cape Verde?
The highest recorded value was 647.75 million current US$ in 2024.
What is the lowest spending by international visitors while visiting a country recorded in Cape Verde?
The lowest recorded value was 29.00 million current US$ in 1995.
How does Cape Verde rank for spending by international visitors while visiting a country?
Cape Verde ranks 131st out of 203 countries with data for 2024.
Is spending by international visitors while visiting a country rising or falling in Cape Verde?
Over the last ten years it is up 43.0%. The long-run trend across the full record is volatile.
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 international visitors while visiting a country. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country in Cape Verde. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country/cabo-verde/

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About this data

Indicator
Spending by international visitors while visiting a country
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
203 places, 4,579 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, local transport, entertainment, shopping, and fares paid to the country’s own airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.