Merchandise imports from low- and middle-income economies in South in Cape Verde

Cape Verde: Merchandise imports from low- and middle-income economies in South was 3.1% in 2023. ◆ Volatile

Latest (2023)
3.1%
Change on year
down 65.3%
World rank
69th
of 205 countries
All-time high
9.7%
in 2021
All-time low
0.0%
in 1994
Years of data
32
1984–2023

Merchandise imports from low- and middle-income economies in South in Cape Verde, 1984–2023

02468101984200320231984: 0.161 % of total merchandise imports1991: 0.006 % of total merchandise imports1994: 0.003 % of total merchandise imports1995: 0.004 % of total merchandise imports1996: 0.004 % of total merchandise imports1997: 0.54 % of total merchandise imports1998: 1.4 % of total merchandise imports1999: 0.603 % of total merchandise imports2000: 0.106 % of total merchandise imports2001: 1 % of total merchandise imports2002: 0.125 % of total merchandise imports2003: 0.049 % of total merchandise imports2004: 0.052 % of total merchandise imports2005: 0.059 % of total merchandise imports2006: 0.061 % of total merchandise imports2007: 0.043 % of total merchandise imports2008: 0.037 % of total merchandise imports2009: 0.08 % of total merchandise imports2010: 0.142 % of total merchandise imports2011: 0.08 % of total merchandise imports2012: 0.098 % of total merchandise imports2013: 0.114 % of total merchandise imports2014: 0.207 % of total merchandise imports2015: 0.326 % of total merchandise imports2016: 0.242 % of total merchandise imports2017: 0.165 % of total merchandise imports2018: 0.186 % of total merchandise imports2019: 0.419 % of total merchandise imports2020: 0.35 % of total merchandise imports2021: 9.7 % of total merchandise imports2022: 8.8 % of total merchandise imports2023: 3.1 % of total merchandise imports

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

Analysis

The most recent figure for merchandise imports from low- and middle-income economies in south in Cape Verde is 3.1%, measured in 2023.

The figure is down 65.3% on the previous year and up 2,599.6% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in south in Cape Verde peaked at 9.7% in 2021 and was at its lowest, 0.0%, in 1994.

Cape Verde ranks 69th of 205 countries on this measure, in the middle of the range.

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

Merchandise imports from low- and middle-income economies in South in Cape Verde, year by year

Annual values for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in Cape Verde, 1984 to 2023.
Year % of total merchandise imports Change
1984 0.2%
1991 0.0% -96.4%
1994 0.0% -45.4%
1995 0.0% +42.7%
1996 0.0% -10.7%
1997 0.5% +13367.2%
1998 1.4% +160.9%
1999 0.6% -57.3%
2000 0.1% -82.4%
2001 1.0% +880.2%
2002 0.1% -88.0%
2003 0.0% -60.9%
2004 0.1% +6.2%
2005 0.1% +12.9%
2006 0.1% +3.8%
2007 0.0% -29.5%
2008 0.0% -14.0%
2009 0.1% +117.3%
2010 0.1% +77.4%
2011 0.1% -43.9%
2012 0.1% +23.2%
2013 0.1% +15.6%
2014 0.2% +82.3%
2015 0.3% +57.5%
2016 0.2% -25.7%
2017 0.2% -32.1%
2018 0.2% +13.0%
2019 0.4% +125.3%
2020 0.4% -16.4%
2021 9.7% +2680.7%
2022 8.8% -9.3%
2023 3.1% -65.3%

Cape Verde compared with similar countries

  • Cape Verde's 3.1% is above the median for upper middle income countries, which is 2.0%, 1.5× the median. (59 countries reporting)
  • Cape Verde's 3.1% is below the median for Sub-Saharan Africa, which is 7.0%, 44% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in South 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
1997 +13367.2% 0.0% 0.5%
2021 +2680.7% 0.4% 9.7%
2001 +880.2% 0.1% 1.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.2% 0.2% 0.2% 1
1990s 0.4% 0.0% 1.4% 7
2000s 0.2% 0.0% 1.0% 10
2010s 0.2% 0.1% 0.4% 10
2020s 5.5% 0.4% 9.7% 4

Countries ranked near Cape Verde

  1. 66 Fiji 3.2% compare
  2. 67 Armenia 3.2% compare
  3. 68 Uruguay 3.1% compare
  4. 70 Brazil 3.0% compare
  5. 71 Myanmar 3.0% compare
  6. 72 Slovenia 3.0% compare

See the full ranking of 252 places →

More private sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in south in Cape Verde?
Merchandise imports from low- and middle-income economies in south in Cape Verde was 3.1% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies in south recorded in Cape Verde?
The highest recorded value was 9.7% in 2021.
What is the lowest merchandise imports from low- and middle-income economies in south recorded in Cape Verde?
The lowest recorded value was 0.0% in 1994.
How does Cape Verde rank for merchandise imports from low- and middle-income economies in south?
Cape Verde ranks 69th out of 205 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in south rising or falling in Cape Verde?
Over the last ten years it is up 2,599.6%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies in South 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-low-and-middle-income-economies-in-south-asia-percent-of-total/cabo-verde/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in South Asia (% 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
252 places, 12,943 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region 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.