Cabo Verde's secondary income receipts (BoP, current US$) was US$560.39 million in 2025, the latest year in the World Bank's World Development Indicators. That is up 99.92% from US$280.31 million in 2015 (7.17% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$560.39 million | 2025 |
| Five years earlier | US$389.43 million | 2020 |
| Ten years earlier | US$280.31 million | 2015 |
| Highest | US$560.39 million | 2025 |
| Lowest | US$48.69 million | 1978 |
| Average since 2016 | US$425.54 million | 2016–2025 |
| First recorded | US$52.95 million |
What the numbers say
In 2025, Cabo Verde's secondary income receipts (BoP, current US$) rose 8.1% on 2024 (from US$518.56 million to US$560.39 million).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.7% and a typical year strayed about 13.3% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 40.6% in 1992 and the biggest yearly fall was 32.6% in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$25.77 million a year. A straight line explains 91% 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$609.51 million for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was US$45.47 million, against US$63.82 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 2025, Cabo Verde had the 109th highest value of the 132 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$560.39 million | 2025 |
| World | US$1.66 trillion | 2024 |
| Sub-Saharan Africa | US$88.1 billion | 2024 |
| Upper middle income | US$403.75 billion | 2025 |
Closest to Cabo Verde in the 2025 ranking
- Lesotho — 106th of 132: US$640.56 million
- Gambia, The — 107th of 132: US$608.35 million
- Uruguay — 108th of 132: US$580.58 million
- Mongolia — 110th of 132: US$542.3 million
- Burundi — 111th of 132: US$539.23 million
- Trinidad and Tobago — 112th of 132: US$520.61 million
What this measures
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 49 values
| Year | Secondary income receipts (BoP, current US$) |
|---|---|
| 2025 | 560,387,216 |
| 2024 | 518,561,471 |
| 2023 | 470,343,356 |
| 2022 | 452,615,428 |
| 2021 | 481,875,596 |
| 2020 | 389,430,469 |
| 2019 | 346,574,942 |
| 2018 | 357,733,860 |
| 2017 | 352,882,407 |
| 2016 | 324,949,535 |
| 2015 |
Secondary income receipts (BoP, current US$) in nearby economies
- Angola — US$23.42 million (2025)
- Benin — US$410.58 million (2023)
- Botswana — US$2.15 billion (2025)
- Burkina Faso — US$1.01 billion (2024)
- Burundi — US$539.23 million (2025)
- Cameroon — US$1.33 billion (2024)
- Comoros — US$358.3 million (2023)
- Congo, Dem. Rep. — US$4.23 billion (2025)
- Congo, Rep. — US$17.12 million (2021)
- Côte d'Ivoire — US$2.34 billion (2024)
More economic policy & debt data for Cabo Verde
- Grants, excluding technical cooperation (BoP, current US$) — US$42.27 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$33.96 million (2023)
- Net official development assistance and official aid received (current US$) — US$101.71 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$101.71 million (2023)
- Net official development assistance received (current US$) — US$101.71 million (2023)
- Net official development assistance received (constant 2023 US$) — US$101.71 million (2023)
- Net ODA received per capita (current US$) — US$194.72 (2023)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Cabo Verde's secondary income receipts (BoP, current US$)?
- US$560.39 million in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 958.37% from US$52.95 million in 1977 (5.04% a year on average, compounded). The highest value was US$560.39 million in 2025 and the lowest US$48.69 million in 1978.
Source
World Bank, World Development Indicators, indicator BX.TRF.CURR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, 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.
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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