Taxes less subsidies on products (current US$), per unit of GDP (unit) in Cape Verde
Cape Verde: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.1632 current US$ per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Cape Verde, 2007–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current us$), per unit of gdp in Cape Verde stood at 0.1632 current US$ per US$ of GDP. That is the highest value across all 19 years on record.
The figure is up 5.2% on the previous year and up 38.0% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Cape Verde peaked at 0.1632 current US$ per US$ of GDP in 2025 and was at its lowest, 0.1126 current US$ per US$ of GDP, in 2014.
Cape Verde ranks 11th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Cape Verde, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2007 | 0.1258 current US$ per US$ of GDP | — |
| 2008 | 0.1272 current US$ per US$ of GDP | +1.1% |
| 2009 | 0.1129 current US$ per US$ of GDP | -11.2% |
| 2010 | 0.1179 current US$ per US$ of GDP | +4.4% |
| 2011 | 0.1278 current US$ per US$ of GDP | +8.4% |
| 2012 | 0.1153 current US$ per US$ of GDP | -9.7% |
| 2013 | 0.1156 current US$ per US$ of GDP | +0.2% |
| 2014 | 0.1126 current US$ per US$ of GDP | -2.6% |
| 2015 | 0.1182 current US$ per US$ of GDP | +5.0% |
| 2016 | 0.1173 current US$ per US$ of GDP | -0.7% |
| 2017 | 0.125 current US$ per US$ of GDP | +6.5% |
| 2018 | 0.1342 current US$ per US$ of GDP | +7.4% |
| 2019 | 0.1245 current US$ per US$ of GDP | -7.2% |
| 2020 | 0.1314 current US$ per US$ of GDP | +5.5% |
| 2021 | 0.1297 current US$ per US$ of GDP | -1.3% |
| 2022 | 0.1496 current US$ per US$ of GDP | +15.4% |
| 2023 | 0.1528 current US$ per US$ of GDP | +2.1% |
| 2024 | 0.1551 current US$ per US$ of GDP | +1.5% |
| 2025 | 0.1632 current US$ per US$ of GDP | +5.2% |
Cape Verde compared with similar countries
- Cape Verde's 0.1632 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1134 current US$ per US$ of GDP, 1.4× the median. (55 countries reporting)
- Cape Verde's 0.1632 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0712 current US$ per US$ of GDP, 2.3× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.122 current US$ per US$ of GDP | 0.1129 current US$ per US$ of GDP | 0.1272 current US$ per US$ of GDP | 3 |
| 2010s | 0.1208 current US$ per US$ of GDP | 0.1126 current US$ per US$ of GDP | 0.1342 current US$ per US$ of GDP | 10 |
| 2020s | 0.147 current US$ per US$ of GDP | 0.1297 current US$ per US$ of GDP | 0.1632 current US$ per US$ of GDP | 6 |
Countries ranked near Cape Verde
- 8 Croatia 0.1729 current US$ per US$ of GDP compare
- 9 Dominica 0.1656 current US$ per US$ of GDP compare
- 10 Bosnia and Herzegovina 0.1641 current US$ per US$ of GDP compare
- 12 Maldives 0.1622 current US$ per US$ of GDP compare
- 13 Argentina 0.1544 current US$ per US$ of GDP compare
- 14 Tuvalu 0.1529 current US$ per US$ of GDP compare
More economy & growth data for Cape Verde
- Real gdp growth, annual growth rate 51.07 % change on previous year (2024)
- 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)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Cape Verde?
- Taxes less subsidies on products (current us$), per unit of gdp in Cape Verde was 0.1632 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Cape Verde?
- The highest recorded value was 0.1632 current US$ per US$ of GDP in 2025.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Cape Verde?
- The lowest recorded value was 0.1126 current US$ per US$ of GDP in 2014.
- How does Cape Verde rank for taxes less subsidies on products (current us$), per unit of gdp?
- Cape Verde ranks 11th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Cape Verde?
- Over the last ten years it is up 38.0%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.