Taxes less subsidies on products (constant LCU), per unit of GDP in Cape Verde
Cape Verde: Taxes less subsidies on products (constant LCU), per unit of GDP was 15.95 constant LCU per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (constant LCU), per unit of GDP in Cape Verde, 2007–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Cape Verde is 15.95 constant LCU per US$ of GDP, measured in 2025.
That represents a change of down 3.6% on the previous year and up 35.8% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Cape Verde peaked at 16.98 constant LCU per US$ of GDP in 2022 and was at its lowest, 9.29 constant LCU per US$ of GDP, in 2014.
Cape Verde ranks 38th of 189 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Cape Verde, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2007 | 11.89 constant LCU per US$ of GDP | — |
| 2008 | 10.63 constant LCU per US$ of GDP | -10.6% |
| 2009 | 10.14 constant LCU per US$ of GDP | -4.6% |
| 2010 | 10.68 constant LCU per US$ of GDP | +5.3% |
| 2011 | 10.53 constant LCU per US$ of GDP | -1.4% |
| 2012 | 10.05 constant LCU per US$ of GDP | -4.6% |
| 2013 | 9.6 constant LCU per US$ of GDP | -4.5% |
| 2014 | 9.29 constant LCU per US$ of GDP | -3.2% |
| 2015 | 11.75 constant LCU per US$ of GDP | +26.5% |
| 2016 | 12.38 constant LCU per US$ of GDP | +5.4% |
| 2017 | 13.16 constant LCU per US$ of GDP | +6.3% |
| 2018 | 13.54 constant LCU per US$ of GDP | +2.9% |
| 2019 | 13.7 constant LCU per US$ of GDP | +1.1% |
| 2020 | 14.02 constant LCU per US$ of GDP | +2.4% |
| 2021 | 13.36 constant LCU per US$ of GDP | -4.7% |
| 2022 | 16.98 constant LCU per US$ of GDP | +27.0% |
| 2023 | 16.59 constant LCU per US$ of GDP | -2.3% |
| 2024 | 16.56 constant LCU per US$ of GDP | -0.2% |
| 2025 | 15.95 constant LCU per US$ of GDP | -3.6% |
Cape Verde compared with similar countries
- Cape Verde's 15.95 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 0.3532 constant LCU per US$ of GDP, 45.2× the median. (54 countries reporting)
- Cape Verde's 15.95 constant LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 14.8 constant LCU per US$ of GDP, 1.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.89 constant LCU per US$ of GDP | 10.14 constant LCU per US$ of GDP | 11.89 constant LCU per US$ of GDP | 3 |
| 2010s | 11.47 constant LCU per US$ of GDP | 9.29 constant LCU per US$ of GDP | 13.7 constant LCU per US$ of GDP | 10 |
| 2020s | 15.58 constant LCU per US$ of GDP | 13.36 constant LCU per US$ of GDP | 16.98 constant LCU per US$ of GDP | 6 |
Countries ranked near Cape Verde
- 35 Chad 18.59 constant LCU per US$ of GDP compare
- 36 Congo 17.29 constant LCU per US$ of GDP compare
- 37 Nigeria 17.08 constant LCU per US$ of GDP compare
- 39 Democratic Republic of Congo 13.64 constant LCU per US$ of GDP compare
- 40 Jamaica 13.55 constant LCU per US$ of GDP compare
- 41 Vanuatu 12.19 constant LCU per US$ of GDP compare
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), per unit of gdp in Cape Verde?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Cape Verde was 15.95 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Cape Verde?
- The highest recorded value was 16.98 constant LCU per US$ of GDP in 2022.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Cape Verde?
- The lowest recorded value was 9.29 constant LCU per US$ of GDP in 2014.
- How does Cape Verde rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Cape Verde ranks 38th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Cape Verde?
- Over the last ten years it is up 35.8%. The long-run trend across the full record is rising.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.