Merchandise imports from low- and middle-income economies within in Cape Verde
Cape Verde: Merchandise imports from low- and middle-income economies within was 0.7% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies within 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 within in Cape Verde stood at 0.7%. That is the lowest value across all 54 years on record.
That represents a change of 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 within in Cape Verde peaked at 25.7% in 1971 and was at its lowest, 0.7%, in 2023.
That places Cape Verde 201st out of 203 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies within 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 below the median for upper middle income countries, which is 16.6%, 4% of 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 within 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 within in Cape Verde?
- Merchandise imports from low- and middle-income economies within 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 within 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 within 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 within?
- Cape Verde ranks 201st out of 203 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies within 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 within region (% 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 within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.