Cape Verde vs Luxembourg: Tax revenue
Tax revenue over time
- Cape Verde
- Luxembourg
How they compare
Cape Verde currently reports 32.42 billion current LCU against 24.68 billion current LCU in Luxembourg, a difference of 7.74 billion current LCU.
That makes Cape Verde's figure about 1.3 times Luxembourg's.
Across all 16 years both countries report, Cape Verde has been ahead every year.
Cape Verde ranks 107th and Luxembourg ranks 110th of 157 countries.
Cape Verde has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.90 billion current LCU | 8.75 billion current LCU | 15.15 billion current LCU | Cape Verde |
| 2010s | 31.02 billion current LCU | 13.02 billion current LCU | 18.00 billion current LCU | Cape Verde |
| 2020s | 32.42 billion current LCU | 16.57 billion current LCU | 15.85 billion current LCU | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Cape Verde or Luxembourg?
- Cape Verde, at 32.42 billion current LCU against 24.68 billion current LCU in Luxembourg as of 2020.
- What is the difference in tax revenue between Cape Verde and Luxembourg?
- 7.74 billion current LCU, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Luxembourg?
- 16 years are reported by both, from 2005 to 2020.
- How do Cape Verde and Luxembourg rank globally for tax revenue?
- Cape Verde ranks 107th and Luxembourg ranks 110th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.