Global Revenue Statistics - Comparative tax revenues in Cabo Verde
Cabo Verde: Global Revenue Statistics - Comparative tax revenues was 18.69 Percentage of GDP in 2023. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Cabo Verde, 1990–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, global revenue statistics - comparative tax revenues in Cabo Verde stood at 18.69 Percentage of GDP.
The figure is up 3.6% on the previous year and up 11.5% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Cabo Verde peaked at 19.73 Percentage of GDP in 2008 and was at its lowest, 8.59 Percentage of GDP, in 1990.
The long-run direction has been consistently rising across the 34 years of available data.
Global Revenue Statistics - Comparative tax revenues in Cabo Verde, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 8.59 Percentage of GDP | — |
| 1991 | 9.83 Percentage of GDP | +14.4% |
| 1992 | 11.64 Percentage of GDP | +18.5% |
| 1993 | 13.62 Percentage of GDP | +17.0% |
| 1994 | 14.85 Percentage of GDP | +9.0% |
| 1995 | 14.35 Percentage of GDP | -3.3% |
| 1996 | 13.53 Percentage of GDP | -5.7% |
| 1997 | 12.91 Percentage of GDP | -4.6% |
| 1998 | 13.17 Percentage of GDP | +2.1% |
| 1999 | 14.5 Percentage of GDP | +10.0% |
| 2000 | 13.54 Percentage of GDP | -6.6% |
| 2001 | 13.17 Percentage of GDP | -2.7% |
| 2002 | 15.1 Percentage of GDP | +14.6% |
| 2003 | 14.25 Percentage of GDP | -5.6% |
| 2004 | 15.15 Percentage of GDP | +6.3% |
| 2005 | 15.22 Percentage of GDP | +0.5% |
| 2006 | 17.77 Percentage of GDP | +16.7% |
| 2007 | 19.09 Percentage of GDP | +7.4% |
| 2008 | 19.73 Percentage of GDP | +3.4% |
| 2009 | 17.28 Percentage of GDP | -12.4% |
| 2010 | 17.3 Percentage of GDP | +0.1% |
| 2011 | 18.4 Percentage of GDP | +6.4% |
| 2012 | 16.65 Percentage of GDP | -9.5% |
| 2013 | 16.76 Percentage of GDP | +0.7% |
| 2014 | 15.94 Percentage of GDP | -4.9% |
| 2015 | 17.65 Percentage of GDP | +10.7% |
| 2016 | 17.46 Percentage of GDP | -1.0% |
| 2017 | 18.21 Percentage of GDP | +4.2% |
| 2018 | 19.58 Percentage of GDP | +7.6% |
| 2019 | 18.69 Percentage of GDP | -4.5% |
| 2020 | 18.73 Percentage of GDP | +0.2% |
| 2021 | 17.12 Percentage of GDP | -8.6% |
| 2022 | 18.04 Percentage of GDP | +5.4% |
| 2023 | 18.69 Percentage of GDP | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.7 Percentage of GDP | 8.59 Percentage of GDP | 14.85 Percentage of GDP | 10 |
| 2000s | 16.03 Percentage of GDP | 13.17 Percentage of GDP | 19.73 Percentage of GDP | 10 |
| 2010s | 17.66 Percentage of GDP | 15.94 Percentage of GDP | 19.58 Percentage of GDP | 10 |
| 2020s | 18.14 Percentage of GDP | 17.12 Percentage of GDP | 18.73 Percentage of GDP | 4 |
Countries ranked near Cabo Verde
- 2 Türkiye 23.95 Percentage of GDP compare
- 2 France 43.46 Percentage of GDP compare
- 3 Austria 43.37 Percentage of GDP compare
- 4 Italy 42.75 Percentage of GDP compare
- 5 Belgium 42.57 Percentage of GDP compare
- 6 Finland 42.22 Percentage of GDP compare
- 7 Luxembourg 41.46 Percentage of GDP compare
- 8 Sweden 41.44 Percentage of GDP compare
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 global revenue statistics - comparative tax revenues in Cabo Verde?
- Global revenue statistics - comparative tax revenues in Cabo Verde was 18.69 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Cabo Verde?
- The highest recorded value was 19.73 Percentage of GDP in 2008.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Cabo Verde?
- The lowest recorded value was 8.59 Percentage of GDP in 1990.
- How does Cabo Verde rank for global revenue statistics - comparative tax revenues?
- Cabo Verde ranks 5th out of 6 groups with data for 2023.
- Is global revenue statistics - comparative tax revenues rising or falling in Cabo Verde?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- Where does this Cabo Verde data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
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.