Taxes on goods and services gdp in Cape Verde
Cape Verde: Taxes on goods and services gdp was 9.88 in 2023. ▲ Rising
Taxes on goods and services gdp in Cape Verde, 1990–2023
Source: Our World in Data.
Analysis
Cape Verde recorded 9.88 for taxes on goods and services gdp in 2023. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 25.9% over ten years.
Over the whole period, taxes on goods and services gdp in Cape Verde peaked at 9.88 in 2023 and was at its lowest, 2.62, in 2001.
Cape Verde ranks 73rd of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Taxes on goods and services gdp in Cape Verde, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 2.93 | — |
| 1991 | 2.84 | -3.1% |
| 1992 | 3.17 | +11.4% |
| 1993 | 3.82 | +20.7% |
| 1994 | 3.88 | +1.5% |
| 1995 | 3.49 | -10.1% |
| 1996 | 3.61 | +3.6% |
| 1997 | 3.37 | -6.8% |
| 1998 | 3.23 | -4.2% |
| 1999 | 3.72 | +15.4% |
| 2000 | 3.11 | -16.4% |
| 2001 | 2.62 | -15.8% |
| 2002 | 2.84 | +8.3% |
| 2003 | 2.72 | -4.3% |
| 2004 | 6.36 | +134.0% |
| 2005 | 6.67 | +4.8% |
| 2006 | 8.13 | +21.9% |
| 2007 | 9.22 | +13.4% |
| 2008 | 9.56 | +3.7% |
| 2009 | 7.88 | -17.6% |
| 2010 | 8.05 | +2.1% |
| 2011 | 8.81 | +9.4% |
| 2012 | 7.53 | -14.5% |
| 2013 | 7.85 | +4.2% |
| 2014 | 7.54 | -3.9% |
| 2015 | 8.12 | +7.7% |
| 2016 | 7.82 | -3.7% |
| 2017 | 8.53 | +9.0% |
| 2018 | 9.42 | +10.5% |
| 2019 | 8.86 | -6.0% |
| 2020 | 8.97 | +1.2% |
| 2021 | 8.27 | -7.7% |
| 2022 | 9.58 | +15.8% |
| 2023 | 9.88 | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.41 | 2.84 | 3.88 | 10 |
| 2000s | 5.91 | 2.62 | 9.56 | 10 |
| 2010s | 8.25 | 7.53 | 9.42 | 10 |
| 2020s | 9.18 | 8.27 | 9.88 | 4 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- GNI, Atlas method (current US$), annual growth rate 13.65 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9636 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 5,586 current US$ per person (2025)
- GNI (current US$), annual growth rate 13.1 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.987 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 5,721 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.6 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 96.6 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 559,912 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 14.31 % change on previous year (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Cape Verde?
- Taxes on goods and services gdp in Cape Verde was 9.88 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Cape Verde?
- The highest recorded value was 9.88 in 2023.
- What is the lowest taxes on goods and services gdp recorded in Cape Verde?
- The lowest recorded value was 2.62 in 2001.
- How does Cape Verde rank for taxes on goods and services gdp?
- Cape Verde ranks 73rd out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Cape Verde?
- Over the last ten years it is up 25.9%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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