Home Cabo Verde Trade Remittances Received

Cabo Verde Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

$363.3M +$29.3M (+8.8%)
Year 2025 Rank #124 Global Peak $363.3M (2025) Source World Bank

Cabo Verde Remittances Received (1977–2025)

Overview

Cabo Verde's remittances received stood at $363.3M in 2025, a rise of +$29.3M from 2024. Based on recent trends, this figure is projected to reach $363.3M by 2025. Cabo Verde ranked 124th globally.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $403.6M - -
2026* trend $383.5M - -
2025* trend $363.3M - -
2025 $363.3M +$29.3M #124
2024 $334.0M +$17.6M #57
2023 $316.4M +$1.1M #59
2022 $315.3M +$770,759 #60
2021 $314.5M +$80.4M #60
2020 $234.1M +$19.1M #59
2019 $215.0M −$19.5M #55
2018 $234.5M +$18.0M #55
2017 $216.6M +$5.2M #57
2016 $211.4M +$10.5M #57
2015 $200.9M +$3.9M #56
2014 $197.0M +$21.1M #55
2013 $175.9M −$1.1M #53
2012 $177.0M +$94,681 #53
2011 $176.9M +$46.0M #60
Show all years (1977-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.6% GDP growth 1.4% Unemployment 13.5%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's remittances received?

Cabo Verde's remittances received was $363.3M in 2025. Ranked 124th globally. This represents a 8.8% increase from the previous year.

What was the highest remittances received in Cabo Verde?

Cabo Verde's remittances received peaked at $363.3M in 2025.

What was the lowest remittances received in Cabo Verde?

The lowest remittances received in Cabo Verde was $20.5M in 1983.

How does Cabo Verde rank in remittances received?

Cabo Verde ranks 124th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Cabo Verde in 2025?

Cabo Verde's remittances received is projected to reach $363.3M by 2025 based on trend extrapolation.

What is Cabo Verde's remittances received in million?

Cabo Verde's remittances received was approximately 363.33 million ($363.3M) in 2025.

What is the remittances received of Cabo Verde in 2025?

The remittances received of Cabo Verde in 2025 was $363.3M. This ranks 124th in the world.

Cite this page

APA
Cabo Verde Remittances Received. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/cabo-verde/remittances
BibTeX
@misc{historysaid_cabo-verde_remittances, title = {Cabo Verde Remittances Received}, url = {https://historysaid.com/cabo-verde/remittances}, publisher = {HistorySaid}, year = {2026} }