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 in 2024. ◆ Volatile

Latest (2024)
647.75 million
Change on year
up 19.8%
World rank
131st
of 203 countries
All-time high
647.75 million
in 2024
All-time low
29.00 million
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: 29.0M1996: 37.0M1997: 50.0M1998: 45.0M1999: 56.0M2000: 64.0M2001: 77.0M2002: 100.0M2003: 135.0M2004: 153.0M2005: 177.0M2006: 280.0M2007: 375.0M2008: 432.0M2009: 349.0M2010: 387.0M2011: 438.0M2012: 452.0M2013: 483.0M2014: 453.0M2015: 380.0M2016: 397.0M2017: 451.0M2018: 520.0M2019: 567.2M2020: 168.7M2021: 144.8M2022: 403.0M2023: 540.9M2024: 647.8M

Source: Our World in Data.

Analysis

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

Cape Verde compared with similar countries

  • Cape Verde's 647.75 million is below the median for upper middle income countries, which is 1.79 billion, 36% of the median. (57 countries reporting)
  • Cape Verde's 647.75 million is above the median for Sub-Saharan Africa, which is 245.75 million, 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 402.96 million

Averages by decade

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

Countries ranked near Cape Verde

  1. 128 Grenada 671.57 million compare
  2. 129 Belarus 661.53 million compare
  3. 130 Senegal 649.69 million compare
  4. 132 North Macedonia 632.06 million compare
  5. 133 Venezuela 546.00 million compare
  6. 134 Martinique 535.00 million 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 in 2024, according to 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 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 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 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 Our World in Data. Retrieved 14 November 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
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
203 places, 4,579 data points, 1995–2024
Last refreshed