Home Cabo Verde Trade Trade Openness

Cabo Verde Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

105.02% +8.51% (+8.8%)
Year 2025 Rank #69 Global Peak 117.82% (2006) Source World Bank

Cabo Verde Trade Openness (1980–2025)

Overview

Cabo Verde's trade openness stood at 105.02% in 2025, a rise of +8.51% from 2024. Based on recent trends, this figure is projected to reach 105.02% by 2025. Cabo Verde ranked 69th globally.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 115.78% - -
2026* trend 110.40% - -
2025* trend 105.02% - -
2025 105.02% +8.51% #69
2024 96.51% +1.47% #99
2023 95.03% −1.96% #100
2022 96.99% +19.54% #106
2021 77.46% −0.94% #89
2020 78.39% −25.21% #107
2019 103.60% −2.26% #130
2018 105.87% +5.82% #132
2017 100.05% +4.67% #123
2016 95.38% +1.37% #121
2015 94.01% +2.70% #119
2014 91.30% +5.13% #107
2013 86.17% −4.48% #100
2012 90.65% +0.09% #101
2011 90.56% +5.01% #103
Show all years (1980-2025)
* 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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's trade openness?

Cabo Verde's trade openness was 105.02% in 2025. Ranked 69th globally. This represents a 8.8% increase from the previous year.

What was the highest trade openness in Cabo Verde?

Cabo Verde's trade openness peaked at 117.82% in 2006.

What was the lowest trade openness in Cabo Verde?

The lowest trade openness in Cabo Verde was 60.31% in 1993.

How does Cabo Verde rank in trade openness?

Cabo Verde ranks 69th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Cabo Verde in 2025?

Cabo Verde's trade openness is projected to reach 105.02% by 2025 based on trend extrapolation.

What is the trade openness of Cabo Verde in 2025?

The trade openness of Cabo Verde in 2025 was 105.02%. This ranks 69th in the world.

Cite this page

APA
Cabo Verde Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/cabo-verde/trade-openness
BibTeX
@misc{historysaid_cabo-verde_trade-openness, title = {Cabo Verde Trade Openness}, url = {https://historysaid.com/cabo-verde/trade-openness}, publisher = {HistorySaid}, year = {2026} }