Central government revenues as a share of GDP in Cape Verde
Cape Verde: Central government revenues as a share of GDP was 21.6% in 2020. ▬ Flat
Central government revenues as a share of GDP in Cape Verde, 2005–2020
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Cape Verde recorded 21.6% for central government revenues as a share of gdp in 2020.
Compared with earlier readings it is down 0.4% on the previous year and up 18.0% over ten years.
Over the whole period, central government revenues as a share of gdp in Cape Verde peaked at 24.7% in 2006 and was at its lowest, 17.8%, in 2014.
Cape Verde ranks 96th of 157 countries on this measure, in the middle of the range.
Central government revenues as a share of GDP in Cape Verde, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 23.4% | — |
| 2006 | 24.7% | +5.4% |
| 2007 | 20.7% | -16.0% |
| 2008 | 21.2% | +2.4% |
| 2009 | 18.7% | -12.0% |
| 2010 | 18.3% | -2.2% |
| 2011 | 19.3% | +5.8% |
| 2012 | 18.1% | -6.2% |
| 2013 | 18.7% | +3.2% |
| 2014 | 17.8% | -4.8% |
| 2015 | 20.9% | +17.3% |
| 2016 | 19.8% | -5.4% |
| 2017 | 20.7% | +4.4% |
| 2018 | 22.8% | +10.3% |
| 2019 | 21.6% | -5.1% |
| 2020 | 21.6% | -0.4% |
Cape Verde compared with similar countries
- Cape Verde's 21.6% is below the median for upper middle income countries, which is 25.7%, 84% of the median. (48 countries reporting)
- Cape Verde's 21.6% is above the median for Sub-Saharan Africa, which is 15.8%, 1.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.7% | 18.7% | 24.7% | 5 |
| 2010s | 19.8% | 17.8% | 22.8% | 10 |
| 2020s | 21.6% | 21.6% | 21.6% | 1 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Foreign direct investment, net outflows (BoP, current US$), gaps 23.86 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0078 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 45.25 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 153.85 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 39.95 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0503 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 291.76 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 60.76 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.4119 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,387 includes gold, current US$ per person (2025)
Frequently asked questions
- What is central government revenues as a share of gdp in Cape Verde?
- Central government revenues as a share of gdp in Cape Verde was 21.6% in 2020, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Cape Verde?
- The highest recorded value was 24.7% in 2006.
- What is the lowest central government revenues as a share of gdp recorded in Cape Verde?
- The lowest recorded value was 17.8% in 2014.
- How does Cape Verde rank for central government revenues as a share of gdp?
- Cape Verde ranks 96th out of 157 countries with data for 2020.
- Is central government revenues as a share of gdp rising or falling in Cape Verde?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is flat.
- Where does this Cape Verde data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central 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. Grants excluded.