Taxes less subsidies on products in Cape Verde
Cape Verde: Taxes less subsidies on products was 48.77 billion constant LCU in 2025. ▲ Rising
Taxes less subsidies on products in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Cape Verde is 48.77 billion constant LCU, measured in 2025. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 8.5% on the previous year and up 137.2% over ten years.
Over the whole period, taxes less subsidies on products in Cape Verde peaked at 48.77 billion constant LCU in 2025 and was at its lowest, 18.78 billion constant LCU, in 2009.
That places Cape Verde 87th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Taxes less subsidies on products in Cape Verde, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2007 | 19.62 billion constant LCU | — |
| 2008 | 20.83 billion constant LCU | +6.2% |
| 2009 | 18.78 billion constant LCU | -9.8% |
| 2010 | 19.48 billion constant LCU | +3.7% |
| 2011 | 21.55 billion constant LCU | +10.6% |
| 2012 | 19.22 billion constant LCU | -10.8% |
| 2013 | 19.48 billion constant LCU | +1.3% |
| 2014 | 18.97 billion constant LCU | -2.6% |
| 2015 | 20.56 billion constant LCU | +8.4% |
| 2016 | 22.91 billion constant LCU | +11.4% |
| 2017 | 26.27 billion constant LCU | +14.7% |
| 2018 | 29.87 billion constant LCU | +13.7% |
| 2019 | 30.85 billion constant LCU | +3.3% |
| 2020 | 25.55 billion constant LCU | -17.2% |
| 2021 | 27.42 billion constant LCU | +7.3% |
| 2022 | 38.15 billion constant LCU | +39.1% |
| 2023 | 41.54 billion constant LCU | +8.9% |
| 2024 | 44.93 billion constant LCU | +8.2% |
| 2025 | 48.77 billion constant LCU | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.74 billion constant LCU | 18.78 billion constant LCU | 20.83 billion constant LCU | 3 |
| 2010s | 22.92 billion constant LCU | 18.97 billion constant LCU | 30.85 billion constant LCU | 10 |
| 2020s | 37.72 billion constant LCU | 25.55 billion constant LCU | 48.77 billion constant LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- Services, value added (constant LCU), per capita 320,403 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 11.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8368 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,851 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 81.89 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 474,687 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 6.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6693 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Cape Verde?
- Taxes less subsidies on products in Cape Verde was 48.77 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Cape Verde?
- The highest recorded value was 48.77 billion constant LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Cape Verde?
- The lowest recorded value was 18.78 billion constant LCU in 2009.
- How does Cape Verde rank for taxes less subsidies on products?
- Cape Verde ranks 87th out of 187 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Cape Verde?
- Over the last ten years it is up 137.2%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.