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Cabo Verde Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Cabo Verde's foreign reserves was $820.3M in 2025, ranked 137th globally. This represents a 4.8% increase from 2024. Data from World Bank, covering 1976–2025.

$820.3M +$37.2M (+4.8%)
Year 2025 Rank #137 Global Peak $837.9M (2023) Source World Bank

Cabo Verde Foreign Reserves (1976–2025)

Overview

Cabo Verde's foreign reserves stood at $820.3M in 2025, a rise of +$37.2M from 2024. Based on recent trends, this figure is projected to reach $820.3M by 2025. Cabo Verde ranked 137th globally.

Cabo Verde's foreign reserves have demonstrated significant fluctuations over the past five decades, with the country's latest value standing at 820,339,025.55 as of 2025. At its all-time peak in 2023, Cabo Verde's foreign reserves reached 837,880,565.13, a notable increase from the all-time trough of 8,316,973.77 in 1998. Notably, Cabo Verde's foreign reserves have surpassed those of its peer country, The Gambia, which ranked 116 globally in 2025 with 816,925,385.28. Liberia's relatively higher foreign reserves of 923,523,809.06 in 2025, however, pose a challenge to Cabo Verde's economic competitiveness. Despite these fluctuations, Cabo Verde's foreign reserves have generally trended upward, indicating a positive outlook for the country's economic stability. However, a decline in foreign investment or a sharp devaluation of the Cape Verdean escudo could potentially disrupt this trend and negatively impact the country's economic trajectory.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $853.2M - -
2026* trend $836.8M - -
2025* trend $820.3M - -
2025 $820.3M +$37.2M #137
2024 $783.1M −$54.8M #118
2023 $837.9M +$108.3M #137
2022 $729.6M −$40.1M #142
2021 $769.7M +$34.6M #144
2020 $735.1M −$2.9M #138
2019 $738.0M +$132.0M #139
2018 $606.0M −$11.4M #141
2017 $617.4M +$44.6M #137
2016 $572.7M +$78.2M #140
2015 $494.5M −$16.4M #147
2014 $510.9M +$35.6M #147
2013 $475.3M +$99.5M #150
2012 $375.8M +$37.2M #150
2011 $338.6M −$43.6M #149
Show all years (1976-2025)
* 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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's foreign reserves?▾

Cabo Verde's foreign reserves was $820.3M in 2025. Ranked 137th globally. This represents a 4.8% increase from the previous year.

What was the highest foreign reserves in Cabo Verde?▾

Cabo Verde's foreign reserves peaked at $837.9M in 2023.

What was the lowest foreign reserves in Cabo Verde?▾

The lowest foreign reserves in Cabo Verde was $8.3M in 1998.

How does Cabo Verde rank in foreign reserves?▾

Cabo Verde ranks 137th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

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

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

Cabo Verde's foreign reserves is projected to reach $820.3M by 2025 based on trend extrapolation.

What is Cabo Verde's foreign reserves in million?▾

Cabo Verde's foreign reserves was approximately 820.34 million ($820.3M) in 2025.

What is the foreign reserves of Cabo Verde in 2025?▾

The foreign reserves of Cabo Verde in 2025 was $820.3M. This ranks 137th in the world.

Cite this page

APA
Cabo Verde Foreign Reserves. HistorySaid. Retrieved November 14, 2026, from https://historysaid.com/cabo-verde/reserves/
BibTeX
@misc{historysaid_cabo-verde_reserves, title = {Cabo Verde Foreign Reserves}, url = {https://historysaid.com/cabo-verde/reserves/}, publisher = {HistorySaid}, year = {2026} }
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