Cabo Verde vs Latin America and the Caribbean: Global Revenue Statistics - Comparative tax revenues

Cabo Verde
18.69 Percentage of GDP
in 2023
Latin America and the Caribbean
21.72 Percentage of GDP
in 2024
Cabo Verde rank
5th
Latin America and the Caribbean rank
3rd

Global Revenue Statistics - Comparative tax revenues over time

  • Cabo Verde
  • Latin America and the Caribbean
05101520199020072024

How they compare

Latin America and the Caribbean currently reports 21.72 Percentage of GDP against 18.69 Percentage of GDP in Cabo Verde, a difference of 3.03 Percentage of GDP.

That makes Latin America and the Caribbean's figure about 1.2 times Cabo Verde's.

Across all 34 years both countries report, Latin America and the Caribbean has been ahead every year.

Cabo Verde ranks 5th and Latin America and the Caribbean ranks 3rd of 6 countries.

Latin America and the Caribbean has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Cabo Verde Latin America and the Caribbean Difference Ahead
1990s 12.7 Percentage of GDP 15.48 Percentage of GDP 2.78 Percentage of GDP Latin America and the Caribbean
2000s 16.03 Percentage of GDP 18.31 Percentage of GDP 2.28 Percentage of GDP Latin America and the Caribbean
2010s 17.66 Percentage of GDP 20.5 Percentage of GDP 2.84 Percentage of GDP Latin America and the Caribbean
2020s 18.14 Percentage of GDP 21.17 Percentage of GDP 3.02 Percentage of GDP Latin America and the Caribbean

Averages of every year both report within each decade.

Frequently asked questions

Which has higher global revenue statistics - comparative tax revenues, Cabo Verde or Latin America and the Caribbean?
Latin America and the Caribbean, at 21.72 Percentage of GDP against 18.69 Percentage of GDP in Cabo Verde as of 2024.
What is the difference in global revenue statistics - comparative tax revenues between Cabo Verde and Latin America and the Caribbean?
3.03 Percentage of GDP, with Latin America and the Caribbean ahead.
How many years of comparable data are there for Cabo Verde and Latin America and the Caribbean?
34 years are reported by both, from 1990 to 2023.
How do Cabo Verde and Latin America and the Caribbean rank globally for global revenue statistics - comparative tax revenues?
Cabo Verde ranks 5th and Latin America and the Caribbean ranks 3rd of 6 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Global Revenue Statistics - Comparative tax revenues. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cabo Verde vs Latin America and the Caribbean: Global Revenue Statistics - Comparative tax revenues. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/global-revenue-statistics-comparative-tax-revenues/cabo-verde-2/latin-america-and-the-caribbean/

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About this data

Indicator
Global Revenue Statistics - Comparative tax revenues
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
146 places, 3,993 data points, 1990–2024
Last refreshed

Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.