Taxes less subsidies on products (current US$), annual growth rate in Cape Verde

Cape Verde: Taxes less subsidies on products (current US$), annual growth rate was 18.54 % change on previous year in 2025. ◆ Volatile

Latest (2025)
18.54 % change on previous year
Change on year
up 86.3%
World rank
36th
of 197 countries
All-time high
26.33 % change on previous year
in 2022
All-time low
-16.07 % change on previous year
in 2009
Years of data
18
2008–2025

Taxes less subsidies on products (current US$), annual growth rate in Cape Verde, 2008–2025

-20-1001020302008201620252008: 20.2 % change on previous year2009: -16.1 % change on previous year2010: 2.8 % change on previous year2011: 21.6 % change on previous year2012: -15.6 % change on previous year2013: 6.3 % change on previous year2014: -1.9 % change on previous year2015: -10 % change on previous year2016: 4.9 % change on previous year2017: 15 % change on previous year2018: 18.6 % change on previous year2019: -5.2 % change on previous year2020: -14.7 % change on previous year2021: 11.2 % change on previous year2022: 26.3 % change on previous year2023: 13.8 % change on previous year2024: 10 % change on previous year2025: 18.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for taxes less subsidies on products (current us$), annual growth rate in Cape Verde is 18.54 % change on previous year, measured in 2025.

Compared with earlier readings it is up 86.3% on the previous year and up 285.2% over ten years.

Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Cape Verde peaked at 26.33 % change on previous year in 2022 and was at its lowest, -16.07 % change on previous year, in 2009.

That places Cape Verde 36th out of 197 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 (current US$), annual growth rate in Cape Verde, year by year

Annual values for Taxes less subsidies on products (current US$), annual growth rate in Cape Verde, 2008 to 2025.
Year % change on previous year Change
2008 20.15 % change on previous year
2009 -16.07 % change on previous year -179.8%
2010 2.84 % change on previous year -117.7%
2011 21.58 % change on previous year +659.1%
2012 -15.64 % change on previous year -172.5%
2013 6.26 % change on previous year -140.0%
2014 -1.95 % change on previous year -131.1%
2015 -10.01 % change on previous year +413.7%
2016 4.92 % change on previous year -149.1%
2017 14.97 % change on previous year +204.3%
2018 18.57 % change on previous year +24.0%
2019 -5.23 % change on previous year -128.2%
2020 -14.66 % change on previous year +180.2%
2021 11.19 % change on previous year -176.4%
2022 26.33 % change on previous year +135.2%
2023 13.84 % change on previous year -47.5%
2024 9.95 % change on previous year -28.1%
2025 18.54 % change on previous year +86.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.04 % change on previous year -16.07 % change on previous year 20.15 % change on previous year 2
2010s 3.63 % change on previous year -15.64 % change on previous year 21.58 % change on previous year 10
2020s 10.87 % change on previous year -14.66 % change on previous year 26.33 % change on previous year 6

Countries ranked near Cape Verde

  1. 33 Maldives 19.63 % change on previous year compare
  2. 34 Türkiye 19.51 % change on previous year compare
  3. 35 Montenegro 19.41 % change on previous year compare
  4. 37 Romania 18.34 % change on previous year compare
  5. 38 Burkina Faso 17.66 % change on previous year compare
  6. 39 Bulgaria 17.61 % change on previous year compare

See the full ranking of 197 places →

More economy & growth data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is taxes less subsidies on products (current us$), annual growth rate in Cape Verde?
Taxes less subsidies on products (current us$), annual growth rate in Cape Verde was 18.54 % change on previous year in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Cape Verde?
The highest recorded value was 26.33 % change on previous year in 2022.
What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Cape Verde?
The lowest recorded value was -16.07 % change on previous year in 2009.
How does Cape Verde rank for taxes less subsidies on products (current us$), annual growth rate?
Cape Verde ranks 36th out of 197 countries with data for 2025.
Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Cape Verde?
Over the last ten years it is up 285.2%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), annual growth rate in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/cabo-verde/

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<a href="https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/cabo-verde/">Taxes less subsidies on products (current US$), annual growth rate in Cape Verde</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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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

Indicator
Taxes less subsidies on products (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,063 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.