Merchandise imports from high-income economies in Cape Verde

Cape Verde: Merchandise imports from high-income economies was 83.8% in 2023. ▬ Flat

Latest (2023)
83.8%
Change on year
up 10.3%
World rank
29th
of 206 countries
All-time high
96.9%
in 1978
All-time low
74.3%
in 1971
Years of data
54
1970–2023

Merchandise imports from high-income economies in Cape Verde, 1970–2023

020406080100197019962023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

Cape Verde recorded 83.8% for merchandise imports from high-income economies in 2023.

The figure is up 10.3% on the previous year and down 1.0% over ten years.

Over the whole period, merchandise imports from high-income economies in Cape Verde peaked at 96.9% in 1978 and was at its lowest, 74.3%, in 1971.

Cape Verde ranks 29th of 206 countries on this measure, in the top quarter.

Merchandise imports from high-income economies in Cape Verde, year by year

Annual values for Merchandise imports from high-income economies (% of total merchandise imports) in Cape Verde, 1970 to 2023.
Year % of total merchandise imports Change
1970 80.4%
1971 74.3% -7.5%
1972 76.5% +3.0%
1973 84.0% +9.8%
1974 77.0% -8.4%
1975 85.9% +11.6%
1976 95.0% +10.6%
1977 91.6% -3.6%
1978 96.9% +5.8%
1979 84.9% -12.4%
1980 87.9% +3.5%
1981 96.4% +9.7%
1982 95.1% -1.4%
1983 91.5% -3.8%
1984 89.7% -1.9%
1985 80.6% -10.2%
1986 91.4% +13.4%
1987 90.0% -1.5%
1988 91.2% +1.3%
1989 85.8% -5.8%
1990 88.9% +3.6%
1991 84.4% -5.1%
1992 78.6% -6.9%
1993 80.9% +2.9%
1994 91.8% +13.4%
1995 89.0% -3.0%
1996 91.7% +3.1%
1997 88.7% -3.3%
1998 90.2% +1.6%
1999 88.2% -2.2%
2000 87.8% -0.5%
2001 88.7% +1.1%
2002 87.5% -1.4%
2003 84.1% -3.9%
2004 86.2% +2.5%
2005 83.3% -3.3%
2006 86.3% +3.6%
2007 86.1% -0.1%
2008 85.5% -0.8%
2009 86.6% +1.4%
2010 85.6% -1.1%
2011 87.9% +2.6%
2012 87.0% -1.1%
2013 84.7% -2.6%
2014 86.3% +1.9%
2015 82.6% -4.3%
2016 83.6% +1.2%
2017 83.9% +0.4%
2018 82.7% -1.4%
2019 88.2% +6.6%
2020 86.7% -1.7%
2021 75.7% -12.6%
2022 76.0% +0.3%
2023 83.8% +10.3%

Cape Verde compared with similar countries

  • Cape Verde's 83.8% is above the median for upper middle income countries, which is 56.4%, 1.5× the median. (59 countries reporting)
  • Cape Verde's 83.8% is above the median for Sub-Saharan Africa, which is 42.2%, 2.0× the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 84.6% 74.3% 96.9% 10
1980s 90.0% 80.6% 96.4% 10
1990s 87.2% 78.6% 91.8% 10
2000s 86.2% 83.3% 88.7% 10
2010s 85.3% 82.6% 88.2% 10
2020s 80.5% 75.7% 86.7% 4

Countries ranked near Cape Verde

  1. 26 Hungary 84.6% compare
  2. 27 Faroe Islands 84.1% compare
  3. 28 Grenada 84.0% compare
  4. 30 Belarus 83.5% compare
  5. 31 France 83.2% compare
  6. 32 Germany 83.2% compare

See the full ranking of 253 places →

More private sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is merchandise imports from high-income economies in Cape Verde?
Merchandise imports from high-income economies in Cape Verde was 83.8% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from high-income economies recorded in Cape Verde?
The highest recorded value was 96.9% in 1978.
What is the lowest merchandise imports from high-income economies recorded in Cape Verde?
The lowest recorded value was 74.3% in 1971.
How does Cape Verde rank for merchandise imports from high-income economies?
Cape Verde ranks 29th out of 206 countries with data for 2023.
Is merchandise imports from high-income economies rising or falling in Cape Verde?
Over the last ten years it is down 1.0%. The long-run trend across the full record is flat.
Where does this Cape Verde data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from high-income economies in Cape Verde. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-high-income-economies-percent-of-total-merchandise-imports/cabo-verde/

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About this data

Indicator
Merchandise imports from high-income economies (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,511 data points, 1960–2023
Last refreshed

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.