Merchandise imports from low- and middle-income economies in in Cape Verde
Cape Verde: Merchandise imports from low- and middle-income economies in was 0.7% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in in Cape Verde, 1970–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in in Cape Verde stood at 0.7%. That is the lowest value across all 54 years on record.
The figure is down 81.4% on the previous year and down 52.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in in Cape Verde peaked at 25.7% in 1971 and was at its lowest, 0.7%, in 2023.
Cape Verde ranks 100th of 206 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 in Cape Verde, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1970 | 19.6% | — |
| 1971 | 25.7% | +30.9% |
| 1972 | 23.5% | -8.6% |
| 1973 | 16.0% | -31.8% |
| 1974 | 22.7% | +42.1% |
| 1975 | 14.1% | -38.0% |
| 1976 | 5.0% | -64.5% |
| 1977 | 1.9% | -61.7% |
| 1978 | 0.8% | -56.5% |
| 1979 | 6.7% | +709.8% |
| 1980 | 7.4% | +9.7% |
| 1981 | 2.5% | -66.2% |
| 1982 | 1.1% | -55.6% |
| 1983 | 2.3% | +104.8% |
| 1984 | 1.6% | -29.6% |
| 1985 | 1.2% | -27.0% |
| 1986 | 3.9% | +234.7% |
| 1987 | 3.4% | -13.4% |
| 1988 | 2.0% | -40.6% |
| 1989 | 3.2% | +60.6% |
| 1990 | 4.4% | +34.9% |
| 1991 | 8.9% | +103.1% |
| 1992 | 11.8% | +33.0% |
| 1993 | 8.9% | -24.6% |
| 1994 | 2.3% | -74.7% |
| 1995 | 3.6% | +58.5% |
| 1996 | 3.2% | -10.2% |
| 1997 | 3.6% | +13.1% |
| 1998 | 2.6% | -28.6% |
| 1999 | 3.6% | +37.8% |
| 2000 | 1.9% | -47.5% |
| 2001 | 2.3% | +24.1% |
| 2002 | 2.4% | +2.0% |
| 2003 | 5.5% | +133.3% |
| 2004 | 2.7% | -50.6% |
| 2005 | 3.2% | +16.2% |
| 2006 | 1.9% | -40.6% |
| 2007 | 2.3% | +19.8% |
| 2008 | 2.0% | -12.9% |
| 2009 | 2.4% | +19.7% |
| 2010 | 1.5% | -36.1% |
| 2011 | 1.0% | -32.0% |
| 2012 | 1.6% | +54.2% |
| 2013 | 1.5% | -7.4% |
| 2014 | 1.0% | -31.6% |
| 2015 | 1.4% | +40.1% |
| 2016 | 2.3% | +61.8% |
| 2017 | 3.0% | +31.5% |
| 2018 | 3.2% | +6.9% |
| 2019 | 2.2% | -31.2% |
| 2020 | 0.7% | -67.1% |
| 2021 | 1.0% | +45.2% |
| 2022 | 3.7% | +256.3% |
| 2023 | 0.7% | -81.4% |
Cape Verde compared with similar countries
- Cape Verde's 0.7% is above the median for upper middle income countries, which is 0.3%, 2.0× the median. (59 countries reporting)
- Cape Verde's 0.7% is below the median for Sub-Saharan Africa, which is 15.0%, 5% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in 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.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +709.8% | 0.8% | 6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.6% | 0.8% | 25.7% | 10 |
| 1980s | 2.9% | 1.1% | 7.4% | 10 |
| 1990s | 5.3% | 2.3% | 11.8% | 10 |
| 2000s | 2.6% | 1.9% | 5.5% | 10 |
| 2010s | 1.9% | 1.0% | 3.2% | 10 |
| 2020s | 1.5% | 0.7% | 3.7% | 4 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise trade 70.0% (2025)
- Food imports 32.6% (2024)
- Manufactures imports 50.8% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Food exports 86.4% (2024)
- Manufactures exports 13.6% (2024)
- Merchandise exports 96.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 182.05 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0314 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in in Cape Verde?
- Merchandise imports from low- and middle-income economies in in Cape Verde was 0.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in recorded in Cape Verde?
- The highest recorded value was 25.7% in 1971.
- What is the lowest merchandise imports from low- and middle-income economies in recorded in Cape Verde?
- The lowest recorded value was 0.7% in 2023.
- How does Cape Verde rank for merchandise imports from low- and middle-income economies in?
- Cape Verde ranks 100th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in rising or falling in Cape Verde?
- Over the last ten years it is down 52.7%. 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 Sub-Saharan Africa (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.