Insurance and financial services (% of service exports, BoP) in Cabo Verde stood at 0.34% in 2025, according to World Bank. The latest value is down 0.05 percentage points from 0.39% in 2024. Ten years earlier, in 2015, the value was 1.16% (down 0.82 percentage points since). Cabo Verde ranked 141st highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Insurance and financial services (% of service exports, BoP), measured in %, captures Cabo Verde's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Cabo Verde, Insurance and financial services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Cabo Verde's industries that rely on imported components or foreign markets for their products.
Insurance and financial services (% of service exports, BoP) in Cabo Verde stood at 0.34% in 2025, according to World Bank.
The latest value is down 0.05 percentage points from 0.39% in 2024. Ten years earlier, in 2015, the value was 1.16% (down 0.82 percentage points since).
Cabo Verde ranked 141st highest of the 158 countries in this dataset in 2024; Cayman Islands ranked first.
| Indicator | Insurance and financial services (% of service exports, BoP) |
|---|---|
| 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). Insurance and financial services (% of service exports, BoP) — Cabo Verde [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-insf-zs/CPV. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS
World Bank. "Insurance and financial services (% of service exports, BoP) — Cabo Verde." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-insf-zs/CPV. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.
World Bank. 2026. "Insurance and financial services (% of service exports, BoP) — Cabo Verde." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-insf-zs/CPV. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.ZS.
@misc{econdash_wdi_bx_gsr_insf_zs_cpv,
author = {{World Bank}},
title = {{Insurance and financial services (\% of service exports, BoP) --- Cabo Verde}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-bx-gsr-insf-zs/CPV},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.INSF.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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