Share of central government spending funded by taxes in Cape Verde
Cape Verde: Share of central government spending funded by taxes was 53.7% in 2020. ▬ Flat
Share of central government spending funded by taxes in Cape Verde, 2005–2020
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
Cape Verde recorded 53.7% for share of central government spending funded by taxes in 2020.
That represents a change of down 18.3% on the previous year and up 24.0% over ten years.
Over the whole period, share of central government spending funded by taxes in Cape Verde peaked at 71.7% in 2018 and was at its lowest, 43.3%, in 2010.
That places Cape Verde 103rd out of 174 countries with data for 2020, putting it in the middle of the range.
Share of central government spending funded by taxes in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 55.0% | — |
| 2006 | 59.3% | +8.0% |
| 2007 | 69.5% | +17.1% |
| 2008 | 63.5% | -8.6% |
| 2009 | 50.5% | -20.5% |
| 2010 | 43.3% | -14.3% |
| 2011 | 50.1% | +15.7% |
| 2012 | 44.8% | -10.5% |
| 2013 | 46.6% | +4.1% |
| 2014 | 47.5% | +1.8% |
| 2015 | 49.2% | +3.6% |
| 2016 | 54.2% | +10.3% |
| 2017 | 58.0% | +7.0% |
| 2018 | 71.7% | +23.6% |
| 2019 | 65.7% | -8.4% |
| 2020 | 53.7% | -18.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.6% | 50.5% | 69.5% | 5 |
| 2010s | 53.1% | 43.3% | 71.7% | 10 |
| 2020s | 53.7% | 53.7% | 53.7% | 1 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Exports of goods and services (current LCU), annual growth rate 6.37 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 41.08 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 238,115 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.12 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3151 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,826 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is share of central government spending funded by taxes in Cape Verde?
- Share of central government spending funded by taxes in Cape Verde was 53.7% in 2020, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Cape Verde?
- The highest recorded value was 71.7% in 2018.
- What is the lowest share of central government spending funded by taxes recorded in Cape Verde?
- The lowest recorded value was 43.3% in 2010.
- How does Cape Verde rank for share of central government spending funded by taxes?
- Cape Verde ranks 103rd out of 174 countries with data for 2020.
- Is share of central government spending funded by taxes rising or falling in Cape Verde?
- Over the last ten years it is up 24.0%. 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 – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.