Taxes less subsidies on products (current US$) in Cape Verde
Cape Verde: Taxes less subsidies on products (current US$) was 498.83 million current US$ 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 US$.
Analysis
The most recent figure for taxes less subsidies on products in Cape Verde is 498.83 million current US$, measured in 2025. That is the highest value across all 19 years on record.
The figure is up 18.5% on the previous year and up 141.1% over ten years.
Over the whole period, taxes less subsidies on products in Cape Verde peaked at 498.83 million current US$ in 2025 and was at its lowest, 206.89 million current US$, in 2015.
Cape Verde ranks 147th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Taxes less subsidies on products (current US$) in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 2007 | 207.46 million current US$ | — |
| 2008 | 249.27 million current US$ | +20.2% |
| 2009 | 209.20 million current US$ | -16.1% |
| 2010 | 215.15 million current US$ | +2.8% |
| 2011 | 261.57 million current US$ | +21.6% |
| 2012 | 220.66 million current US$ | -15.6% |
| 2013 | 234.48 million current US$ | +6.3% |
| 2014 | 229.91 million current US$ | -1.9% |
| 2015 | 206.89 million current US$ | -10.0% |
| 2016 | 217.07 million current US$ | +4.9% |
| 2017 | 249.57 million current US$ | +15.0% |
| 2018 | 295.91 million current US$ | +18.6% |
| 2019 | 280.43 million current US$ | -5.2% |
| 2020 | 239.33 million current US$ | -14.7% |
| 2021 | 266.12 million current US$ | +11.2% |
| 2022 | 336.19 million current US$ | +26.3% |
| 2023 | 382.70 million current US$ | +13.8% |
| 2024 | 420.79 million current US$ | +10.0% |
| 2025 | 498.83 million current US$ | +18.5% |
Cape Verde compared with similar countries
- Cape Verde's 498.83 million current US$ is below the median for upper middle income countries, which is 3.44 billion current US$, 15% of the median. (55 countries reporting)
- Cape Verde's 498.83 million current US$ is below the median for Sub-Saharan Africa, which is 1.04 billion current US$, 48% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 221.98 million current US$ | 207.46 million current US$ | 249.27 million current US$ | 3 |
| 2010s | 241.16 million current US$ | 206.89 million current US$ | 295.91 million current US$ | 10 |
| 2020s | 357.33 million current US$ | 239.33 million current US$ | 498.83 million current US$ | 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 498.83 million current US$ 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 498.83 million current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Cape Verde?
- The lowest recorded value was 206.89 million current US$ in 2015.
- How does Cape Verde rank for taxes less subsidies on products?
- Cape Verde ranks 147th 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 141.1%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.