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

Cape Verde: Merchandise imports from low- and middle-income economies outside was 15.5% in 2023. ▲ Rising

Latest (2023)
15.5%
Change on year
down 23.7%
World rank
125th
of 206 countries
All-time high
23.2%
in 2021
All-time low
0.2%
in 1981
Years of data
48
1974–2023

Merchandise imports from low- and middle-income economies outside in Cape Verde, 1974–2023

0510152025197419982023

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

Analysis

In 2023, merchandise imports from low- and middle-income economies outside in Cape Verde stood at 15.5%.

The figure is down 23.7% on the previous year and up 12.0% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies outside in Cape Verde peaked at 23.2% in 2021 and was at its lowest, 0.2%, in 1981.

Cape Verde ranks 125th of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 48 years of available data.

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

Annual values for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Cape Verde, 1974 to 2023.
Year % of total merchandise imports Change
1974 0.3%
1977 6.1% +1843.3%
1978 1.9% -69.4%
1979 5.7% +205.4%
1980 3.6% -36.7%
1981 0.2% -95.7%
1982 3.8% +2338.1%
1983 6.1% +60.5%
1984 8.7% +41.5%
1985 18.2% +110.3%
1986 4.6% -74.9%
1987 6.5% +42.6%
1988 6.8% +4.3%
1989 10.9% +59.9%
1990 6.7% -38.4%
1991 6.7% -0.1%
1992 9.6% +42.6%
1993 10.2% +6.8%
1994 6.0% -41.5%
1995 7.5% +24.7%
1996 5.0% -32.3%
1997 7.6% +51.6%
1998 7.2% -5.4%
1999 8.2% +14.0%
2000 10.4% +25.8%
2001 9.0% -13.3%
2002 10.2% +13.0%
2003 10.4% +2.4%
2004 11.1% +6.8%
2005 13.6% +22.0%
2006 11.9% -12.5%
2007 11.6% -2.2%
2008 12.6% +8.1%
2009 11.0% -12.3%
2010 12.8% +16.8%
2011 11.1% -13.9%
2012 11.4% +3.5%
2013 13.9% +21.0%
2014 12.7% -8.5%
2015 16.0% +26.0%
2016 14.1% -11.7%
2017 13.1% -7.1%
2018 14.1% +7.6%
2019 9.6% -31.9%
2020 12.6% +31.3%
2021 23.2% +84.2%
2022 20.3% -12.5%
2023 15.5% -23.7%

Cape Verde compared with similar countries

  • Cape Verde's 15.5% is below the median for upper middle income countries, which is 20.2%, 77% of the median. (59 countries reporting)
  • Cape Verde's 15.5% is below the median for Sub-Saharan Africa, which is 33.0%, 47% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies outside 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
1982 +2338.1% 0.2% 3.8%
1977 +1843.3% 0.3% 6.1%
1979 +205.4% 1.9% 5.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.5% 0.3% 6.1% 4
1980s 6.9% 0.2% 18.2% 10
1990s 7.5% 5.0% 10.2% 10
2000s 11.2% 9.0% 13.6% 10
2010s 12.9% 9.6% 16.0% 10
2020s 17.9% 12.6% 23.2% 4

Countries ranked near Cape Verde

  1. 122 North Macedonia 15.9% compare
  2. 123 Czechia 15.8% compare
  3. 124 Sao Tome and Principe 15.7% compare
  4. 126 Portugal 15.5% compare
  5. 127 Bosnia and Herzegovina 15.5% compare
  6. 128 Trinidad and Tobago 15.4% 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 low- and middle-income economies outside in Cape Verde?
Merchandise imports from low- and middle-income economies outside in Cape Verde was 15.5% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies outside recorded in Cape Verde?
The highest recorded value was 23.2% in 2021.
What is the lowest merchandise imports from low- and middle-income economies outside recorded in Cape Verde?
The lowest recorded value was 0.2% in 1981.
How does Cape Verde rank for merchandise imports from low- and middle-income economies outside?
Cape Verde ranks 125th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies outside rising or falling in Cape Verde?
Over the last ten years it is up 12.0%. The long-run trend across the full record is rising.
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 outside region (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies outside in Cape Verde. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-outside-region-percent-of-total/cabo-verde/

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About this data

Indicator
Merchandise imports from low- and middle-income economies outside region (% 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, 13,303 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.