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Cabo Verde Reserves in Months of Imports

Total reserves in months of imports  FI.RES.TOTL.MO

Cabo Verde's reserves in months of imports was 5.3 in 2025, ranked 44th globally. This represents a 10.8% decrease from 2024. Data from World Bank, covering 1977–2025.

5.3 −0.6 (-10.8%)
Year 2025 Rank #44 Global Peak 10.3 (1977) Source World Bank

Cabo Verde Reserves in Months of Imports (1977–2025)

Overview

Cabo Verde's reserves in months of imports stood at 5.3 in 2025, a decline of +0.6 from 2024. Based on recent trends, this figure is projected to reach 5.3 by 2025. Cabo Verde ranked 44th globally.

Cabo Verde’s reserves in months of imports have fallen sharply from an all‑time peak of 10.32 in 1977 to a historic trough of 0.32 in 1998, before rebounding to 5.35 in 2025, placing the archipelago at rank 44 globally. The long‑term coverage of 49 years shows that the country’s import‑cover buffer is now roughly half of what it was at its 1977 high, yet it remains comparable to peers such as Thailand (5.39) and India (5.25). The post‑trough recovery reflects a combination of improved export earnings, tighter fiscal discipline and modest external borrowing that has rebuilt foreign‑exchange stocks. Nevertheless, the current level still leaves Cabo Verde vulnerable to external shocks, particularly given its dependence on tourism and imported fuels. Continued diversification of export markets and sustained fiscal surpluses would be needed to lift reserves further and secure a more resilient import‑cover trajectory.

Data & projection

Year Reserves in Months of Imports YoY change Rank
2027* trend 4.2 - -
2026* trend 4.8 - -
2025* trend 5.3 - -
2025 5.3 −0.6 #44
2024 6.0 −0.7 #34
2023 6.7 +0.3 #34
2022 6.4 −1.5 #37
2021 7.9 −0.3 #38
2020 8.2 +1.7 #45
2019 6.5 +1.3 #41
2018 5.2 −0.7 #56
2017 5.8 −0.5 #54
2016 6.3 +0.3 #46
2015 6.1 +1.5 #44
2014 4.6 −0.0 #62
2013 4.6 +1.1 #65
2012 3.5 +0.7 #98
2011 2.8 −1.0 #116
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 reserves in months of imports improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's reserves in months of imports?▾

Cabo Verde's reserves in months of imports was 5.3 in 2025. Ranked 44th globally. This represents a 10.8% decrease from the previous year.

What was the highest reserves in months of imports in Cabo Verde?▾

Cabo Verde's reserves in months of imports peaked at 10.3 in 1977.

What was the lowest reserves in months of imports in Cabo Verde?▾

The lowest reserves in months of imports in Cabo Verde was 0.3 in 1998.

How does Cabo Verde rank in reserves in months of imports?▾

Cabo Verde ranks 44th globally in reserves in months of imports as of 2025.

What is the World Bank indicator code for reserves in months of imports?▾

The World Bank indicator code is FI.RES.TOTL.MO. Data sourced from World Bank.

What is the projected reserves in months of imports of Cabo Verde in 2025?▾

Cabo Verde's reserves in months of imports is projected to reach 5.3 by 2025 based on trend extrapolation.

What is the reserves in months of imports of Cabo Verde in 2025?▾

The reserves in months of imports of Cabo Verde in 2025 was 5.3. This ranks 44th in the world.

Cite this page

APA
Cabo Verde Reserves in Months of Imports. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/cabo-verde/reserves-months-imports/
BibTeX
@misc{historysaid_cabo-verde_reserves-months-imports, title = {Cabo Verde Reserves in Months of Imports}, url = {https://historysaid.com/cabo-verde/reserves-months-imports/}, publisher = {HistorySaid}, year = {2026} }
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