Trade volume % GDP in Cabo Verde stood at 69.98% in 2025, according to World Bank. The latest value is down 1.77 percentage points from 71.75% in 2024. Ten years earlier, in 2015, the value was 38.35% (up 31.63 percentage points since). The highest value since 1980 was 85.67% in 2022, the lowest 32.22% in 1993. Cabo Verde ranked 64th highest of the 189 countries in this dataset in 2025; Hong Kong ranked first.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Trade volume % GDP, measured in %, measures the total economic output of Cabo Verde. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Cabo Verde, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.
Trade volume % GDP in Cabo Verde stood at 69.98% in 2025, according to World Bank.
The latest value is down 1.77 percentage points from 71.75% in 2024. Ten years earlier, in 2015, the value was 38.35% (up 31.63 percentage points since).
Cabo Verde ranked 64th highest of the 189 countries in this dataset in 2025; Hong Kong ranked first.
The highest value since 1980 was 85.67% in 2022, the lowest 32.22% in 1993.
| Indicator | Trade volume % GDP |
|---|---|
| Country | Cabo Verde |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Trade volume % GDP — Cabo Verde [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/CPV. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS
World Bank. "Trade volume % GDP — Cabo Verde." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/CPV. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.
World Bank. 2026. "Trade volume % GDP — Cabo Verde." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/CPV. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.
@misc{econdash_trade_volume_percent_gdp_cpv,
author = {{World Bank}},
title = {{Trade volume \% GDP --- Cabo Verde}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/trade-volume-percent-gdp/CPV},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS}
}Browse indicators available for Cabo Verde. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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