Tax revenue as a proportion of GDP in Cabo Verde
Cabo Verde: Tax revenue as a proportion of GDP was 18.4% in 2020. ▼ Falling
Tax revenue as a proportion of GDP in Cabo Verde, 2005–2020
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for tax revenue as a proportion of gdp in Cabo Verde is 18.4%, measured in 2020.
Compared with earlier readings it is up 0.9% on the previous year and up 9.3% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Cabo Verde peaked at 22.7% in 2006 and was at its lowest, 15.5%, in 2014.
That places Cabo Verde 63rd out of 164 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Tax revenue as a proportion of GDP in Cabo Verde, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 21.1% | — |
| 2006 | 22.7% | +7.9% |
| 2007 | 19.2% | -15.7% |
| 2008 | 19.4% | +1.3% |
| 2009 | 16.9% | -13.1% |
| 2010 | 16.8% | -0.4% |
| 2011 | 18.0% | +6.9% |
| 2012 | 16.3% | -9.5% |
| 2013 | 16.3% | -0.1% |
| 2014 | 15.5% | -4.5% |
| 2015 | 17.1% | +10.3% |
| 2016 | 16.7% | -2.4% |
| 2017 | 17.8% | +6.4% |
| 2018 | 18.9% | +6.3% |
| 2019 | 18.2% | -3.7% |
| 2020 | 18.4% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.9% | 16.9% | 22.7% | 5 |
| 2010s | 17.2% | 15.5% | 18.9% | 10 |
| 2020s | 18.4% | 18.4% | 18.4% | 1 |
Countries ranked near Cabo Verde
- 60 Republic of Moldova 18.6% compare
- 60 Republic of Moldova 18.6% compare
- 62 Burkina Faso 18.6% compare
- 64 Saint Lucia 18.2% compare
- 65 Uruguay 18.2% compare
- 66 Poland 18.0% 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 tax revenue as a proportion of gdp in Cabo Verde?
- Tax revenue as a proportion of gdp in Cabo Verde was 18.4% in 2020, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Cabo Verde?
- The highest recorded value was 22.7% in 2006.
- What is the lowest tax revenue as a proportion of gdp recorded in Cabo Verde?
- The lowest recorded value was 15.5% in 2014.
- How does Cabo Verde rank for tax revenue as a proportion of gdp?
- Cabo Verde ranks 63rd out of 164 countries with data for 2020.
- Is tax revenue as a proportion of gdp rising or falling in Cabo Verde?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.
- Where does this Cabo Verde data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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