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Cabo Verde trade deficit expected to further worsen in 2026

Cabo Verde's trade deficit is projected to worsen in 2026 due to imports related to tourism and energy infrastructure projects, despite a positive current account balance.

Cabo Verde is projected to see a further worsening of its trade deficit in 2026, driven by imports linked to the construction of tourism and energy infrastructure. Although the country maintains a positive current account balance thanks to tourism revenues, remittances from the diaspora, and IMF disbursements, the growing trade imbalance represents an economic vulnerability as the economy becomes more import-dependent for infrastructure development.
Status
active
Location
Cabo Verde
Date added
2026-03-25 09:21 UTC
Last updated
2026-03-25 09:21 UTC
Source
https://www.caboverdetimes.com/latest-news
Connected threats
  • Not Available

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