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Historical Values
Year Value
1990 2.0% of GDP, or $10 billion (1989 est.)
1991 $11.3 billion, 2% of GDP (FY90)
1992 exchange rate conversion - $11.4 billion, 1.7% of GDP (FY91); $10.5 billion, NA% of GDP (FY 92)
1993 exchange rate conversion - $11.3 billion, 2% of GDP (FY92/93)
1994 exchange rate conversion - $10.3 billion, 1.9% of GDP (FY93/94)
1995 exchange rate conversion - $9.0 billion, 1.6% of GDP (FY95/96) CAPE VERDE
1996 exchange rate conversion - $9.0 billion, 1.6% of GDP (FY95/96)
1997 1.6% (FY95/96)
1998 1.2% (FY97/98)
1999 1.2% (FY97/98)
2000 1.2% (FY97/98)
2001 1.3% (FY00/01)
2002 1.1% (FY01/02)
2003 1.1% (FY01/02)
2004 1.1% (2003)
2005 1.1% (2003)
2006 1.1% (2003)
2007 1.1% (2005 est.)
2008 1.1% of GDP (2005 est.)
2009 1.1% of GDP (2005 est.) country comparison to the world: 132
2010 1.1% of GDP (2005 est.) country comparison to the world: 126
2011 1.1% of GDP (2005 est.) country comparison to the world: 125
2012 1.1% of GDP (2005 est.) country comparison to the world: 122
2013 1.1% of GDP (2005 est.) country comparison to the world: 120
2014 1.24% of GDP (2012) country comparison to the world: 83 1.31% of GDP (2011) 1.24% of GDP (2010)
2015 1% of GDP (2013) | 1.24% of GDP (2012) | 1.31% of GDP (2011) | 1.24% of GDP (2010) | country comparison to the world: 80
2016 1% of GDP (2015) | 1% of GDP (2014) | 1% of GDP (2013) | 1.24% of GDP (2012) | 1.31% of GDP (2011) | country comparison to the world: 80
2017 0.99% of GDP (2016) | 0.99% of GDP (2015) | 1% of GDP (2014) | 1% of GDP (2013) | 1.12% of GDP (2012) | country comparison to the world: 80
2018 1.29% of GDP (2017) | 1.16% of GDP (2016) | 1.2% of GDP (2015) | 1% of GDP (2014) | 1% of GDP (2013)
2019 1.31% of GDP (2019 est.) | 1.31% of GDP (2018) | 1.44% of GDP (2017) | 1.16% of GDP (2016) | 1.2% of GDP (2015)
2020 1.31% of GDP (2019 est.) | 1.31% of GDP (2018) | 1.44% of GDP (2017) | 1.16% of GDP (2016) | 1.2% of GDP (2015)
2021 1.42% of GDP (2020 est.) 1.29% of GDP (2019) 1.31% of GDP (2018) 1.44% of GDP (2017) 1.16% of GDP (2016)
2022 1.4% of GDP (2021 est.) 1.4% of GDP (2020) 1.3% of GDP (2019) (approximately $26 billion) 1.3% of GDP (2018) (approximately $25.7 billion) 1.4% of GDP (2017) (approximately $27.6 billion)
2023 1.4% of GDP (2023) 1.2% of GDP (2022 est.) 1.3% of GDP (2021) 1.4% of GDP (2020) 1.3% of GDP (2019)
2024 1.4% of GDP (2024) 1.3% of GDP (2023) 1.2% of GDP (2022) 1.3% of GDP (2021) 1.4% of GDP (2020)
2025 2% of GDP (2025 est.) 1.5% of GDP (2024 est.) 1.3% of GDP (2023 est.) 1.2% of GDP (2022 est.) 1.3% of GDP (2021 est.)