Taxes less subsidies on products (current LCU) in Cape Verde
Cape Verde: Taxes less subsidies on products (current LCU) was 48.82 billion current 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 current LCU.
Analysis
In 2025, taxes less subsidies on products in Cape Verde stood at 48.82 billion current LCU. That is the highest value across all 19 years on record.
The figure is up 13.8% on the previous year and up 137.4% over ten years.
Over the whole period, taxes less subsidies on products in Cape Verde peaked at 48.82 billion current LCU in 2025 and was at its lowest, 16.72 billion current LCU, in 2007.
That places Cape Verde 103rd out of 199 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 (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 16.72 billion current LCU | — |
| 2008 | 18.78 billion current LCU | +12.3% |
| 2009 | 16.74 billion current LCU | -10.8% |
| 2010 | 17.92 billion current LCU | +7.0% |
| 2011 | 20.74 billion current LCU | +15.7% |
| 2012 | 19.05 billion current LCU | -8.1% |
| 2013 | 19.48 billion current LCU | +2.3% |
| 2014 | 19.09 billion current LCU | -2.0% |
| 2015 | 20.56 billion current LCU | +7.7% |
| 2016 | 21.64 billion current LCU | +5.2% |
| 2017 | 24.41 billion current LCU | +12.8% |
| 2018 | 27.64 billion current LCU | +13.2% |
| 2019 | 27.62 billion current LCU | -0.1% |
| 2020 | 23.17 billion current LCU | -16.1% |
| 2021 | 24.81 billion current LCU | +7.1% |
| 2022 | 35.25 billion current LCU | +42.1% |
| 2023 | 38.96 billion current LCU | +10.5% |
| 2024 | 42.89 billion current LCU | +10.1% |
| 2025 | 48.82 billion current LCU | +13.8% |
Cape Verde compared with similar countries
- Cape Verde's 48.82 billion current LCU is above the median for upper middle income countries, which is 48.82 billion current LCU, 1.0× the median. (55 countries reporting)
- Cape Verde's 48.82 billion current LCU is below the median for Sub-Saharan Africa, which is 327.21 billion current LCU, 15% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.42 billion current LCU | 16.72 billion current LCU | 18.78 billion current LCU | 3 |
| 2010s | 21.81 billion current LCU | 17.92 billion current LCU | 27.64 billion current LCU | 10 |
| 2020s | 35.65 billion current LCU | 23.17 billion current LCU | 48.82 billion current LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4522 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products in Cape Verde?
- Taxes less subsidies on products in Cape Verde was 48.82 billion current 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 48.82 billion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Cape Verde?
- The lowest recorded value was 16.72 billion current LCU in 2007.
- How does Cape Verde rank for taxes less subsidies on products?
- Cape Verde ranks 103rd out of 199 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 137.4%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.