Cape Verde vs Latin America & Caribbean (excluding high income): Taxes on international trade
Taxes on international trade over time
- Cape Verde
- Latin America & Caribbean (excluding high income)
How they compare
Cape Verde currently reports 15.0% against 4.5% in Latin America & Caribbean (excluding high income), a difference of 10.5%.
That makes Cape Verde's figure about 3.3 times Latin America & Caribbean (excluding high income)'s.
Across all 16 years both countries report, Cape Verde has been ahead every year.
Cape Verde ranks 20th and Latin America & Caribbean (excluding high income) ranks 18th of 154 countries.
Cape Verde has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cape Verde | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 15.8% | 6.1% | 9.7% | Cape Verde |
| 2010s | 16.0% | 4.1% | 11.9% | Cape Verde |
| 2020s | 15.0% | 3.0% | 12.0% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Cape Verde or Latin America & Caribbean (excluding high income)?
- Cape Verde, at 15.0% against 4.5% in Latin America & Caribbean (excluding high income) as of 2020.
- What is the difference in taxes on international trade between Cape Verde and Latin America & Caribbean (excluding high income)?
- 10.5%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Latin America & Caribbean (excluding high income)?
- 16 years are reported by both, from 2005 to 2020.
- How do Cape Verde and Latin America & Caribbean (excluding high income) rank globally for taxes on international trade?
- Cape Verde ranks 20th and Latin America & Caribbean (excluding high income) ranks 18th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.