Cabo Verde Tourism Revenue (% of GDP) 2024: 23.87 % of GDP

Cabo Verde's tourism revenue (% of gdp) in 2024 is 23.87 % of GDP, up 10.5% from 2023. It ranks #10 of 119 countries.

Tourism revenue as a percentage of GDP shows the economic importance of tourism in a country. Higher values indicate greater reliance.

Source (2024): Spending by international visitors as a share of GDP | Our World in Data

Historical Trend

Tourism Revenue (% of GDP) over time

Year-by-Year Data
YearValueChange% ChangeActions
202423.87 % of GDP+2.27 % of GDP+10.52%
202321.6 % of GDP+3.66 % of GDP+20.43%
202217.93 % of GDP+10.87 % of GDP+154.05%
20217.06 % of GDP2.2 % of GDP-23.79%
20209.26 % of GDP15.92 % of GDP-63.22%
201925.18 % of GDP+1.6 % of GDP+6.80%
201823.58 % of GDP+0.99 % of GDP+4.40%
201722.59 % of GDP+1.12 % of GDP+5.24%
201621.46 % of GDP0.25 % of GDP-1.17%
201521.72 % of GDP0.47 % of GDP-2.11%
201422.18 % of GDP1.62 % of GDP-6.81%
201323.81 % of GDP+0.18 % of GDP+0.76%
201223.63 % of GDP+2.23 % of GDP+10.41%
201121.4 % of GDP+0.19 % of GDP+0.90%
201021.21 % of GDP+2.37 % of GDP+12.56%
200918.84 % of GDP3.2 % of GDP-14.53%
200822.05 % of GDP0.69 % of GDP-3.02%
200722.73 % of GDP2.55 % of GDP-10.08%
200625.28 % of GDP+7.08 % of GDP+38.86%
200518.21 % of GDP+1.66 % of GDP+10.06%
200416.54 % of GDP0.06 % of GDP-0.35%
200316.6 % of GDP+0.48 % of GDP+3.00%
200216.12 % of GDP+2.44 % of GDP+17.85%
200113.67 % of GDP+1.81 % of GDP+15.21%
200011.87 % of GDP+2.42 % of GDP+25.56%
19999.45 % of GDP+0.83 % of GDP+9.63%
19988.62 % of GDP1.57 % of GDP-15.40%
199710.19 % of GDP+2.82 % of GDP+38.27%
19967.37 % of GDP+1.42 % of GDP+23.82%
19955.95 % of GDP——

Frequently Asked Questions About Cabo Verde Tourism Revenue (% of GDP)

What is Cabo Verde's tourism revenue (% of gdp) in 2024?▾

Cabo Verde's tourism revenue (% of gdp) is 23.87 % of GDP in 2024, according to Spending by international visitors while visiting a country as a share of GDP | UN Tourism and others via Our World in Data.

Is Cabo Verde's tourism revenue (% of gdp) increasing or decreasing?▾

Cabo Verde's tourism revenue (% of gdp) rose by 10.5% from 2023 (21.60 % of GDP) to 2024 (23.87 % of GDP). Over the past decade (2014–2024) it rose by 7.6%.

How does Cabo Verde rank for tourism revenue (% of gdp)?▾

In 2024, Cabo Verde has the 10th highest tourism revenue (% of gdp) out of 119 countries with data.

What was Cabo Verde's tourism revenue (% of gdp) in 1995?▾

In 1995, Cabo Verde's tourism revenue (% of gdp) was 5.95 % of GDP. By 2024 it rose by 301.0%.

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