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Cabo Verde - Trade Openness 2022

Name: Cabo Verde Trade Openness 2022
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

96.99% +19.54% from 2021 Global rank: 106th

Cabo Verde's trade openness was 96.99% in 2022, increased +19.54% from 77.46% in 2021. This was the 106th highest globally.

Global Ranking - 2022▾

Trade Openness by Country - 2022
Rank	Country	Value	YoY
1st	Sudan	2.70%	-34.6%
2nd	United States	27.31%	6.7%
3rd	Argentina	31.58%	-4.5%
4th	Pakistan	33.03%	22.2%
5th	Bangladesh	33.78%	21.8%
6th	Uganda	34.51%	-17.3%
7th	Tanzania	35.00%	17.0%
8th	Syrian Arab Republic	35.61%	-41.8%
9th	Haiti	36.53%	-1.4%
10th	Egypt, Arab Republic of	36.98%	23.9%
11th	Turkmenistan	37.36%	13.0%
12th	China	37.44%	2.5%
13th	Brazil	38.82%	3.1%
14th	Kenya	40.28%	15.1%
15th	Cameroon	41.29%	12.4%
16th	Russian Federation	42.78%	-15.4%
17th	Malawi	43.62%	-2.2%
18th	Benin	44.38%	-7.6%
19th	Gambia, The	44.72%	6.2%
20th	Sierra Leone	45.05%	6.9%
21st	Central African Republic	45.23%	2.4%
22nd	Indonesia	45.46%	13.1%
23rd	Australia	45.69%	13.7%
24th	Guinea-Bissau	45.76%	2.1%
25th	Sri Lanka	46.68%	13.2%
26th	Japan	46.81%	27.4%
27th	Chad	47.99%	9.2%
28th	Colombia	48.28%	20.5%
29th	Iran, Islamic Republic of	48.92%	14.6%
30th	Nepal	48.97%	13.7%
31st	India	50.08%	10.2%
32nd	Comoros	50.39%	19.8%
33rd	New Caledonia	50.47%	2.9%
34th	Algeria	51.19%	9.3%
35th	Niger	52.81%	42.7%
36th	Côte d'Ivoire	52.87%	17.2%
37th	New Zealand	53.48%	10.2%
38th	Dominican Republic	54.38%	4.7%
39th	Guatemala	54.43%	10.5%
40th	Zimbabwe	55.07%	24.8%
41st	Angola	55.25%	-10.2%
42nd	Saudi Arabia	56.82%	11.7%
43rd	Peru	57.30%	3.4%
44th	Bolivia, Plurinational State of	57.52%	20.7%
45th	Israel	60.64%	10.5%
46th	Samoa	60.85%	1.8%
47th	Uruguay	61.03%	4.7%
48th	Rwanda	61.15%	12.6%
49th	Mali	61.56%	8.5%
50th	Togo	61.58%	9.2%
51st	Ecuador	61.88%	16.2%
52nd	Uzbekistan	62.84%	9.4%
53rd	Vanuatu	63.60%	6.1%
54th	South Africa	64.95%	15.6%
55th	Tajikistan	65.44%	-8.9%
56th	Canada	67.32%	8.1%
57th	Burkina Faso	67.52%	8.2%
58th	Kazakhstan	68.33%	16.5%
59th	Iraq	68.76%	11.8%
60th	United Kingdom	69.20%	18.2%
61st	Zambia	69.30%	-19.6%
62nd	French Polynesia	69.53%	31.2%
63rd	Ghana	70.12%	11.8%
64th	Tonga	70.13%	2.3%
65th	Madagascar	70.55%	27.8%
66th	Guam	71.87%	16.2%
67th	Italy	72.02%	19.4%
68th	Philippines	72.43%	14.1%
69th	Afghanistan	72.89%	41.8%
70th	Paraguay	73.74%	5.7%
71st	Solomon Islands	74.84%	11.0%
72nd	Bermuda	75.20%	5.3%
73rd	Chile	75.20%	15.9%
74th	France	75.96%	19.1%
75th	Bahamas, The	75.98%	15.2%
76th	Spain	78.47%	17.9%
77th	Senegal	79.60%	14.7%
78th	Türkiye	79.90%	14.8%
79th	Equatorial Guinea	81.81%	6.3%
80th	Costa Rica	82.23%	16.2%
81st	West Bank and Gaza	82.39%	12.7%
82nd	Norway	82.61%	16.0%
83rd	Albania	84.70%	12.0%
84th	Bhutan	85.57%	10.3%
85th	Botswana	85.61%	-3.5%
86th	Congo, Democratic Republic of	85.82%	13.8%
87th	Azerbaijan	86.98%	14.0%
88th	Ukraine	87.40%	5.7%
89th	El Salvador	88.70%	8.4%
90th	Germany	88.79%	11.1%
91st	Mexico	88.80%	6.9%
92nd	Korea	90.59%	20.3%
93rd	Micronesia, Federated States of	90.63%	3.8%
94th	Somalia, Fed. Rep.	90.76%	14.7%
95th	Kuwait	90.92%	10.9%
96th	Gabon	92.06%	7.9%
97th	Eswatini	92.57%	2.9%
98th	Iceland	93.05%	22.1%
99th	Northern Mariana Islands	93.16%	18.1%
100th	Greenland	93.37%	11.6%
101st	Panama	93.48%	16.6%
102nd	Cuba	93.86%	17.3%
103rd	Romania	93.95%	7.9%
104th	Guinea	94.17%	-18.3%
105th	Finland	94.56%	18.5%
106th	Cabo Verde	96.99%	25.2%
107th	Timor-Leste	97.62%	-2.2%
108th	Congo, Republic of	98.16%	14.7%
109th	Puerto Rico (US)	98.26%	1.6%
110th	Namibia	99.26%	18.8%
111th	Qatar	100.21%	8.0%
112th	Morocco	100.91%	33.6%
113th	Portugal	101.36%	18.0%
114th	Mauritania	102.03%	15.5%
115th	European Union	103.71%	13.7%
116th	Armenia	103.88%	31.1%
117th	Jordan	104.10%	29.6%
118th	Palau	105.20%	29.6%
119th	Oman	105.75%	10.2%
120th	Sweden	107.11%	17.6%
121st	Kiribati	107.69%	44.5%
122nd	Belize	107.84%	8.9%
123rd	Greece	108.12%	22.8%
124th	Kosovo	110.01%	11.5%
125th	Bosnia and Herzegovina	110.21%	13.9%
126th	Moldova	112.12%	26.7%
127th	Honduras	112.70%	9.0%
128th	Georgia	114.70%	12.9%
129th	Lebanon	114.89%	45.7%
130th	Nicaragua	115.45%	8.7%
131st	Tunisia	116.10%	24.0%
132nd	Antigua and Barbuda	117.70%	16.5%
133rd	Belarus	120.02%	-11.8%
134th	Faroe Islands	122.86%	18.7%
135th	Poland	123.02%	11.0%
136th	Austria	123.58%	11.3%
137th	American Samoa	124.68%	-8.9%
138th	Croatia	125.41%	22.6%
139th	Montenegro	125.46%	18.7%
140th	Marshall Islands	128.34%	6.9%
141st	Serbia	131.91%	17.4%
142nd	Denmark	132.00%	17.5%
143rd	Thailand	132.86%	13.3%
144th	Kyrgyz Republic	133.79%	33.4%
145th	Mozambique	135.28%	20.7%
146th	Mongolia	136.33%	14.5%
147th	Switzerland	138.50%	6.5%
148th	Bulgaria	138.84%	14.5%
149th	Lesotho	142.37%	2.3%
150th	Czechia	144.01%	4.8%
151st	Cambodia	145.87%	-0.2%
152nd	Malaysia	146.42%	9.2%
153rd	Brunei Darussalam	146.97%	-0.1%
154th	Mauritius	147.66%	9.2%
155th	Libya	156.32%	-4.8%
156th	Latvia	159.89%	16.9%
157th	Aruba	160.63%	14.8%
158th	Maldives	162.24%	13.8%
159th	North Macedonia	166.15%	13.2%
160th	Bahrain	167.14%	8.7%
161st	Nauru	167.34%	51.0%
162nd	Macao SAR, China	170.37%	-0.6%
163rd	Lithuania	175.65%	13.5%
164th	Estonia	175.69%	9.5%
165th	Viet Nam	183.15%	-1.9%
166th	Netherlands	184.11%	12.8%
167th	Hungary	185.00%	16.2%
168th	United Arab Emirates	185.74%	1.5%
169th	Slovenia	186.65%	15.4%
170th	Seychelles	189.83%	3.3%
171st	Belgium	191.18%	7.8%
172nd	Slovak Republic	204.06%	12.1%
173rd	Virgin Islands (US)	205.63%	14.1%
174th	Cyprus	205.75%	16.4%
175th	Ireland	237.76%	2.9%
176th	Malta	245.16%	11.4%
177th	Djibouti	302.29%	14.7%
178th	Singapore	332.35%	1.0%
179th	San Marino	370.44%	8.2%
180th	Hong Kong SAR, China	384.88%	-4.4%
181st	Luxembourg	412.18%	3.7%

FAQ

What was Cabo Verde's trade openness in 2022?▾

Cabo Verde's trade openness in 2022 was 96.99%. This ranked 106th globally.

How did Cabo Verde's trade openness change in 2022?▾

Cabo Verde's trade openness increased by 25.2% in 2022 compared to 2021.

Which country had the highest trade openness in 2022?▾

Luxembourg had the highest trade openness in 2022 at 412.18%.

What is the trade openness of Cabo Verde in 2022?▾

The trade openness of Cabo Verde in 2022 was 96.99%. This ranked 106th globally.

How does 2022 compare to 2021 for Cabo Verde's trade openness?▾

Cabo Verde's trade openness went from 77.46% in 2021 to 96.99% in 2022, a 25.2% increase.

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