Cape Verde: Foreign exchange reserves

* indicates monthly or quarterly data series
The most recent value is 93.34 billion Cape Verde Escudo as of May 2025, an increase compared to the previous value of 85.29 billion Cape Verde Escudo. Historically, the average for Cape Verde from December 2010 to May 2025 is 54.65 billion Cape Verde Escudo. The minimum of 23.42 billion Cape Verde Escudo was recorded in November 2011, while the maximum of 93.34 billion Cape Verde Escudo was reached in May 2025. Click on the following link to see the values of: Foreign exchange reserves around the world.
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* indicates monthly or quarterly data series

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Recent values Cape Verde: Foreign exchange reserves, billion currency units
2025  May 93.34
2025  Apr 85.29
2025  Mar 83.81
2025  Feb 83.64
2025  Jan 83.1
2024  Dec 81.18
2024  Nov 78.43
2024  Oct 72.92


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest Reference Measure
 Terms of trade 95.69 2021 percent
 Trade openness 94.54 2023 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 41.86 2024 percent
 Exports, billion dollars 0.97 2023 billion U.S. dollars
 Growth of exports 4.88 2023 percent
 Imports, percent of GDP 53.24 2024 percent
 Imports, billion dollars 1.43 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.89 2024 percent
 Foreign Direct Investment, billion dollars 0.16 2023 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP -6.10 2023 percent
 Current account, in dollars -0.07 2023 billion U.S. dollars
 Trade balance, percent of GDP -14.42 2023 percent
 Trade balance, in dollars -0.46 2023 billion U.S. dollars
 Reserves 0.78 2024 billion U.S. dollars
 Remittances, percent of GDP 12.24 2023 percent
 Remittances 316.72 2023 million U.S. dollars
 Net errors and omissions -22.14 2023 million USD
 External debt 91.49 2022 percent
 Short-term external debt 16.60 2023 percent
 Short-term debt to reserves 48.55 2023 percent
 Foreign exchange reserves 93.34 5/2025 billion
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