Cabo Verde's international tourism, expenditures for travel items (current US$) was US$52 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 59.69% from US$129 million in 2010 (8.69% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$52 million | 2020 |
| Five years earlier | US$101 million | 2015 |
| Ten years earlier | US$129 million | 2010 |
| Highest | US$136 million | 2009 |
| Lowest | US$16 million | 1995 |
| Average since 2011 | US$96.1 million | 2011–2020 |
| First recorded | US$16 million |
What the numbers say
In 2020, Cabo Verde's international tourism, expenditures for travel items (current US$) fell 38.8% on 2019 (from US$85 million to US$52 million).
Across the 24 yearly changes before that (1996 to 2019), the average change was +9.1% and a typical year strayed about 21.7% from that (the standard deviation). This year's change was 2.2 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 70.8% in 1999 and the biggest yearly fall was 38.8% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is downward, about US$7.97 million a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$41.24 million for 2023. We show this only because the same method, fitted on earlier years, predicted 2018 to 2020 better than "no change" would have: its average miss was US$9.94 million, against US$13.33 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2020, Cabo Verde had the 127th highest value of the 155 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Cabo Verde | US$52 million | 2020 |
| World | US$1.4 trillion | 2019 |
| Sub-Saharan Africa | US$26.04 billion | 2019 |
| Upper middle income | US$417.2 billion | 2019 |
Closest to Cabo Verde in the 2020 ranking
What this measures
International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 26 values
| Year | International tourism, expenditures for travel items (current US$) |
|---|---|
| 2020 | 52,000,000 |
| 2019 | 85,000,000 |
| 2018 | 85,000,000 |
| 2017 | 78,000,000 |
| 2016 | 71,000,000 |
| 2015 | 101,000,000 |
| 2014 | 110,000,000 |
| 2013 | 120,000,000 |
| 2012 | 127,000,000 |
| 2011 | 132,000,000 |
International tourism, expenditures for travel items (current US$) in nearby economies
- Angola — US$615 million (2020)
- Benin — US$94 million (2019)
- Botswana — US$89 million (2020)
- Burkina Faso — US$114.6 million (2019)
- Burundi — US$23 million (2018)
- Cameroon — US$553 million (2020)
- Comoros — US$31 million (2020)
- Congo, Dem. Rep. — US$204 million (2020)
- Congo, Rep.
More private sector & trade data for Cabo Verde
- Merchandise imports (current US$) — US$2.04 billion (2025)
- Merchandise exports (current US$) — US$96 million (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 83.8% (2023)
- Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) — 0.69% (2023)
- Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
- Merchandise imports by the reporting economy (current US$) — US$1.74 billion (2023)
- Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) — 0.69% (2023)
Reading data like this
Questions people ask
- What is Cabo Verde's international tourism, expenditures for travel items (current US$)?
- US$52 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 225% from US$16 million in 1995 (4.83% a year on average, compounded). The highest value was US$136 million in 2009 and the lowest US$16 million in 1995.
Source
World Bank, World Development Indicators, indicator ST.INT.TVLX.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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