Money sent or brought back by migrants as a share of GDP in Cape Verde
Cape Verde: Money sent or brought back by migrants as a share of GDP was 11.7% in 2025. ▼ Falling
Money sent or brought back by migrants as a share of GDP in Cape Verde, 1980–2025
Source: World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp in Cape Verde is 11.7%, measured in 2025.
The figure is down 5.2% on the previous year and up 1.7% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Cape Verde peaked at 28.2% in 1980 and was at its lowest, 7.2%, in 2010.
That places Cape Verde 22nd out of 194 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Money sent or brought back by migrants as a share of GDP in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 28.2% | — |
| 1981 | 22.7% | -19.6% |
| 1982 | 18.4% | -18.9% |
| 1983 | 14.8% | -19.3% |
| 1984 | 15.6% | +5.2% |
| 1985 | 15.1% | -3.5% |
| 1986 | 14.5% | -4.1% |
| 1987 | 15.5% | +7.1% |
| 1988 | 16.2% | +4.4% |
| 1989 | 17.8% | +10.3% |
| 1990 | 19.3% | +8.0% |
| 1991 | 19.5% | +1.2% |
| 1992 | 21.3% | +9.1% |
| 1993 | 15.6% | -26.7% |
| 1994 | 21.0% | +34.8% |
| 1995 | 21.7% | +3.4% |
| 1996 | 20.0% | -8.0% |
| 1997 | 15.6% | -22.1% |
| 1998 | 14.1% | -9.3% |
| 1999 | 13.5% | -4.8% |
| 2000 | 16.6% | +23.7% |
| 2001 | 14.4% | -13.6% |
| 2002 | 13.7% | -4.7% |
| 2003 | 13.3% | -2.7% |
| 2004 | 12.3% | -8.0% |
| 2005 | 14.1% | +14.6% |
| 2006 | 12.3% | -12.3% |
| 2007 | 8.4% | -31.8% |
| 2008 | 7.9% | -6.0% |
| 2009 | 7.3% | -7.5% |
| 2010 | 7.2% | -2.0% |
| 2011 | 8.6% | +20.5% |
| 2012 | 9.3% | +7.0% |
| 2013 | 8.7% | -6.3% |
| 2014 | 9.6% | +11.3% |
| 2015 | 11.5% | +19.0% |
| 2016 | 11.4% | -0.5% |
| 2017 | 10.8% | -5.1% |
| 2018 | 10.6% | -1.9% |
| 2019 | 9.5% | -10.2% |
| 2020 | 12.9% | +34.6% |
| 2021 | 15.3% | +19.3% |
| 2022 | 14.0% | -8.5% |
| 2023 | 12.6% | -10.0% |
| 2024 | 12.3% | -2.6% |
| 2025 | 11.7% | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.9% | 14.5% | 28.2% | 10 |
| 1990s | 18.2% | 13.5% | 21.7% | 10 |
| 2000s | 12.0% | 7.3% | 16.6% | 10 |
| 2010s | 9.7% | 7.2% | 11.5% | 10 |
| 2020s | 13.1% | 11.7% | 15.3% | 6 |
Countries ranked near Cape Verde
More population data for Cape Verde
- Population regions with projections, annual growth rate -1.01 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -6.15 % change on previous year (2050)
- Population long run with projections, annual growth rate -1.01 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.4961 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4608 % change on previous year (2100)
- World population growth -1.0% (2100)
- Population density 103.46 people per km² (2100)
- Number of children under 5, by world region 14,689 people (2100)
- Population growth rate, by level of development -1.0% (2100)
- Number of people living in urban and rural areas, annual growth rate 1.59 % change on previous year (2025)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Cape Verde?
- Money sent or brought back by migrants as a share of gdp in Cape Verde was 11.7% in 2025, according to World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Cape Verde?
- The highest recorded value was 28.2% in 1980.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Cape Verde?
- The lowest recorded value was 7.2% in 2010.
- How does Cape Verde rank for money sent or brought back by migrants as a share of gdp?
- Cape Verde ranks 22nd out of 194 countries with data for 2025.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Cape Verde?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from World Bank staff estimates based on IMF and OECD data (2026) – processed by Our World in Data, published as part of Money sent or brought back by migrants as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Money sent or brought back by migrants refers to remittances a country has received in this year.