Corporate income tax (CIT) - statutory and targeted small business in Cabo Verde
Cabo Verde: Corporate income tax (CIT) - statutory and targeted small business was 20.4 Percentage of taxable income in 2026. ▼ Falling
Corporate income tax (CIT) - statutory and targeted small business in Cabo Verde, 2000–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2026, corporate income tax (cit) - statutory and targeted small business in Cabo Verde stood at 20.4 Percentage of taxable income. That is the lowest value across all 27 years on record.
That represents a change of down 4.8% on the previous year and down 20.0% over ten years.
Over the whole period, corporate income tax (cit) - statutory and targeted small business in Cabo Verde peaked at 35 Percentage of taxable income in 2000 and was at its lowest, 20.4 Percentage of taxable income, in 2026.
The long-run direction has been consistently falling across the 27 years of available data.
Corporate income tax (CIT) - statutory and targeted small business in Cabo Verde, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2000 | 35 Percentage of taxable income | — |
| 2001 | 35 Percentage of taxable income | +0.0% |
| 2002 | 35 Percentage of taxable income | +0.0% |
| 2003 | 30 Percentage of taxable income | -14.3% |
| 2004 | 30 Percentage of taxable income | +0.0% |
| 2005 | 30 Percentage of taxable income | +0.0% |
| 2006 | 30 Percentage of taxable income | +0.0% |
| 2007 | 30 Percentage of taxable income | +0.0% |
| 2008 | 30 Percentage of taxable income | +0.0% |
| 2009 | 25 Percentage of taxable income | -16.7% |
| 2010 | 25 Percentage of taxable income | +0.0% |
| 2011 | 25.5 Percentage of taxable income | +2.0% |
| 2012 | 25.5 Percentage of taxable income | +0.0% |
| 2013 | 25.5 Percentage of taxable income | +0.0% |
| 2014 | 25.5 Percentage of taxable income | +0.0% |
| 2015 | 25.5 Percentage of taxable income | +0.0% |
| 2016 | 25.5 Percentage of taxable income | +0.0% |
| 2017 | 25.5 Percentage of taxable income | +0.0% |
| 2018 | 25.5 Percentage of taxable income | +0.0% |
| 2019 | 22.44 Percentage of taxable income | -12.0% |
| 2020 | 22.44 Percentage of taxable income | +0.0% |
| 2021 | 22.44 Percentage of taxable income | +0.0% |
| 2022 | 22.44 Percentage of taxable income | +0.0% |
| 2023 | 22.44 Percentage of taxable income | +0.0% |
| 2024 | 21.42 Percentage of taxable income | -4.5% |
| 2025 | 21.42 Percentage of taxable income | +0.0% |
| 2026 | 20.4 Percentage of taxable income | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31 Percentage of taxable income | 25 Percentage of taxable income | 35 Percentage of taxable income | 10 |
| 2010s | 25.14 Percentage of taxable income | 22.44 Percentage of taxable income | 25.5 Percentage of taxable income | 10 |
| 2020s | 21.86 Percentage of taxable income | 20.4 Percentage of taxable income | 22.44 Percentage of taxable income | 7 |
Countries ranked near Cabo Verde
- 3 Türkiye 25 Percentage of taxable income compare
- 4 Slovenia 22 Percentage of taxable income compare
- 4 Estonia 22 Percentage of taxable income compare
- 6 Latvia 20 Percentage of taxable income compare
- 6 Viet Nam 20 Percentage of taxable income compare
- 6 Brazil 34 Percentage of taxable income compare
- 7 Cameroon 33 Percentage of taxable income compare
- 7 Croatia 18 Percentage of taxable income compare
- 8 Poland 19 Percentage of taxable income compare
- 8 Moldova 12 Percentage of taxable income compare
- 8 Namibia 32 Percentage of taxable income compare
- 9 Germany 30.13 Percentage of taxable income compare
- 9 Lithuania 17 Percentage of taxable income compare
- 9 Anguilla 0 Percentage of taxable income
More economy & growth data for Cabo Verde
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.51 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.56 Percent per annum (2029)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 2.73 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 7.27 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 6.75 % (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 52,503 million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 515.13 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.98 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.61 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 5.98 % (2024)
Frequently asked questions
- What is corporate income tax (cit) - statutory and targeted small business in Cabo Verde?
- Corporate income tax (cit) - statutory and targeted small business in Cabo Verde was 20.4 Percentage of taxable income in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest corporate income tax (cit) - statutory and targeted small business recorded in Cabo Verde?
- The highest recorded value was 35 Percentage of taxable income in 2000.
- What is the lowest corporate income tax (cit) - statutory and targeted small business recorded in Cabo Verde?
- The lowest recorded value was 20.4 Percentage of taxable income in 2026.
- How does Cabo Verde rank for corporate income tax (cit) - statutory and targeted small business?
- Cabo Verde ranks 6th out of 9 countries with data for 2026.
- Is corporate income tax (cit) - statutory and targeted small business rising or falling in Cabo Verde?
- Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
- Where does this Cabo Verde data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Corporate income tax (CIT) - statutory and targeted small business rates — Combined corporate income tax rate. Statizoid updates them automatically from the source API.
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About this data
Statutory and targeted, sub-central and combined corporate income tax (CIT) rates. Targeted rates of 'small incorporated business' are on the basis of size alone (e.g. number of employees, amount of assets, turnover or taxable income) and not on the basis of expenditures or other targeting criteria. Targeted rates data are only available for OECD member countries.