Taxes less subsidies on products (constant LCU), annual growth rate in Cape Verde
Cape Verde: Taxes less subsidies on products (constant LCU), annual growth rate was 8.53 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (constant LCU), annual growth rate in Cape Verde, 2008–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), annual growth rate in Cape Verde is 8.53 % change on previous year, measured in 2025.
That represents a change of up 4.4% on the previous year and up 1.7% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), annual growth rate in Cape Verde peaked at 39.13 % change on previous year in 2022 and was at its lowest, -17.19 % change on previous year, in 2020.
That places Cape Verde 30th out of 188 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 6.17 % change on previous year | — |
| 2009 | -9.81 % change on previous year | -259.0% |
| 2010 | 3.73 % change on previous year | -138.0% |
| 2011 | 10.6 % change on previous year | +184.3% |
| 2012 | -10.81 % change on previous year | -201.9% |
| 2013 | 1.33 % change on previous year | -112.3% |
| 2014 | -2.59 % change on previous year | -295.4% |
| 2015 | 8.39 % change on previous year | -423.7% |
| 2016 | 11.4 % change on previous year | +36.0% |
| 2017 | 14.7 % change on previous year | +28.9% |
| 2018 | 13.68 % change on previous year | -7.0% |
| 2019 | 3.28 % change on previous year | -76.0% |
| 2020 | -17.19 % change on previous year | -623.8% |
| 2021 | 7.33 % change on previous year | -142.6% |
| 2022 | 39.13 % change on previous year | +434.0% |
| 2023 | 8.89 % change on previous year | -77.3% |
| 2024 | 8.17 % change on previous year | -8.1% |
| 2025 | 8.53 % change on previous year | +4.4% |
Cape Verde compared with similar countries
- Cape Verde's 8.53 % change on previous year is above the median for upper middle income countries, which is 4.16 % change on previous year, 2.1× the median. (54 countries reporting)
- Cape Verde's 8.53 % change on previous year is above the median for Sub-Saharan Africa, which is 4.62 % change on previous year, 1.8× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.82 % change on previous year | -9.81 % change on previous year | 6.17 % change on previous year | 2 |
| 2010s | 5.37 % change on previous year | -10.81 % change on previous year | 14.7 % change on previous year | 10 |
| 2020s | 9.14 % change on previous year | -17.19 % change on previous year | 39.13 % change on previous year | 6 |
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 taxes less subsidies on products (constant lcu), annual growth rate in Cape Verde?
- Taxes less subsidies on products (constant lcu), annual growth rate in Cape Verde was 8.53 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), annual growth rate recorded in Cape Verde?
- The highest recorded value was 39.13 % change on previous year in 2022.
- What is the lowest taxes less subsidies on products (constant lcu), annual growth rate recorded in Cape Verde?
- The lowest recorded value was -17.19 % change on previous year in 2020.
- How does Cape Verde rank for taxes less subsidies on products (constant lcu), annual growth rate?
- Cape Verde ranks 30th out of 188 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), annual growth rate rising or falling in Cape Verde?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.