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Remittances to Cape Verde

Africa

In 2024, Cape Verde received $334 million in remittances, equal to 12.3% of its GDP (2024). That makes it the 35th largest recipient among the 69 African and Caribbean countries tracked here, and 31st in Africa.

Common questions

How much money does the diaspora send to Cape Verde?

In 2024, Cape Verde received $334 million in personal remittances, according to the World Bank. That is the 35th highest of the 69 African and Caribbean countries tracked here.

What share of Cape Verde's GDP comes from remittances?

Remittances were equal to 12.3% of Cape Verde's GDP in 2024, based on World Bank figures.

Source: World Bank: Personal remittances, received. US dollar figure is for 2024; GDP share is for 2024.