Cabo Verde's merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.00223% in 2023, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.00223% | 2023 |
| Highest | 4.16% | 2016 |
| Lowest | 0.00151% | 2011 |
| Average since 2014 | 1.61% | 2014–2023 |
| First recorded | 0.17% | 1996 |
Since 1996 it is down 0.17 percentage points from 0.17% in 1996. The World Bank has no value for 18 of the years in between; the chart leaves those gaps open rather than joining across them.
How it compares
In 2023, Cabo Verde had the 184th highest value of the 188 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 | 0.00223% | 2023 |
| World | 3.19% | 2023 |
| Sub-Saharan Africa | 1.52% | 2023 |
| Upper middle income | 3.17% | 2023 |
Closest to Cabo Verde in the 2023 ranking
- Guyana — 181st of 188: 0.00467%
- Papua New Guinea — 182nd of 188: 0.00246%
- Eswatini — 183rd of 188: 0.00237%
- Bhutan — 185th of 188: 0.000649%
- New Caledonia — 186th of 188: 0.000118%
- Lesotho — 187th of 188: 0.0000412%
What this measures
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 10 values
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 2023 | 0.0022 |
| 2022 | no data |
| 2021 | 0.63 |
| 2020 | no data |
| 2019 | 0.0077 |
| 2018 | no data |
| 2017 | no data |
| 2016 | 4.16 |
| 2015 | 3.64 |
| 2014 | 1.22 |
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in nearby economies
- Angola — 0.03% (2023)
- Benin — 0.96% (2023)
- Botswana — 0.00131% (2021)
- Burkina Faso — 0.26% (2023)
- Cameroon — 1.31% (2023)
- Central African Republic — 0.79% (2023)
- Chad
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 merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- 0.00223% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1996?
- It is down 0.17 percentage points from 0.17% in 1996. The highest value was 4.16% in 2016 and the lowest 0.00151% in 2011.
- How does Cabo Verde rank?
- 184th highest of 188 economies with data for 2023.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.R2.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) 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.
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