Government revenues as a share of GDP in Cape Verde
Cape Verde: Government revenues as a share of GDP was 26.6% in 2020. ▼ Falling
Government revenues as a share of GDP in Cape Verde, 2005–2020
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
Cape Verde recorded 26.6% for government revenues as a share of gdp in 2020. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 4.0% on the previous year and down 24.3% over ten years.
Over the whole period, government revenues as a share of gdp in Cape Verde peaked at 35.5% in 2016 and was at its lowest, 26.6%, in 2020.
Cape Verde ranks 101st of 174 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Government revenues as a share of GDP in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 31.6% | — |
| 2006 | 32.6% | +3.4% |
| 2007 | 31.9% | -2.1% |
| 2008 | 35.0% | +9.7% |
| 2009 | 33.4% | -4.7% |
| 2010 | 35.2% | +5.4% |
| 2011 | 31.2% | -11.3% |
| 2012 | 31.9% | +2.3% |
| 2013 | 30.6% | -4.0% |
| 2014 | 28.1% | -8.2% |
| 2015 | 33.5% | +19.1% |
| 2016 | 35.5% | +6.1% |
| 2017 | 32.5% | -8.5% |
| 2018 | 27.0% | -17.0% |
| 2019 | 27.7% | +2.7% |
| 2020 | 26.6% | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.9% | 31.6% | 35.0% | 5 |
| 2010s | 31.3% | 27.0% | 35.5% | 10 |
| 2020s | 26.6% | 26.6% | 26.6% | 1 |
Countries ranked near Cape Verde
- 98 Maldives 27.0% compare
- 99 Saint Kitts and Nevis 26.7% compare
- 100 Morocco 26.6% compare
- 102 Macau, China 26.6% compare
- 103 Liberia 26.4% compare
- 104 Uzbekistan 26.1% compare
More economy & growth data for Cape Verde
- Gross capital formation (current US$), annual growth rate 20.18 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1741 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,009 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 15.4 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 17.03 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 98,742 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 13.08 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1827 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 1,059 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 10.83 % change on previous year (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Cape Verde?
- Government revenues as a share of gdp in Cape Verde was 26.6% in 2020, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Cape Verde?
- The highest recorded value was 35.5% in 2016.
- What is the lowest government revenues as a share of gdp recorded in Cape Verde?
- The lowest recorded value was 26.6% in 2020.
- How does Cape Verde rank for government revenues as a share of gdp?
- Cape Verde ranks 101st out of 174 countries with data for 2020.
- Is government revenues as a share of gdp rising or falling in Cape Verde?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.