Customs and other import duties (current LCU) in Cape Verde
Cape Verde: Customs and other import duties (current LCU) was 6.59 billion current LCU in 2020. ▲ Rising
Customs and other import duties in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2020, customs and other import duties in Cape Verde stood at 6.59 billion current LCU.
Compared with earlier readings it is down 17.7% on the previous year and up 22.4% over ten years.
Over the whole period, customs and other import duties in Cape Verde peaked at 8.01 billion current LCU in 2019 and was at its lowest, 4.23 billion current LCU, in 2005.
That places Cape Verde 71st out of 152 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Customs and other import duties (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 4.23 billion current LCU | — |
| 2006 | 4.89 billion current LCU | +15.5% |
| 2007 | 5.38 billion current LCU | +10.0% |
| 2008 | 5.89 billion current LCU | +9.5% |
| 2009 | 5.22 billion current LCU | -11.4% |
| 2010 | 5.39 billion current LCU | +3.2% |
| 2011 | 6.23 billion current LCU | +15.6% |
| 2012 | 5.78 billion current LCU | -7.2% |
| 2013 | 5.70 billion current LCU | -1.3% |
| 2014 | 5.75 billion current LCU | +1.0% |
| 2015 | 6.08 billion current LCU | +5.7% |
| 2016 | 6.81 billion current LCU | +12.0% |
| 2017 | 7.22 billion current LCU | +6.0% |
| 2018 | 7.73 billion current LCU | +7.1% |
| 2019 | 8.01 billion current LCU | +3.6% |
| 2020 | 6.59 billion current LCU | -17.7% |
Cape Verde compared with similar countries
- Cape Verde's 6.59 billion current LCU is below the median for upper middle income countries, which is 12.90 billion current LCU, 51% of the median. (47 countries reporting)
- Cape Verde's 6.59 billion current LCU is below the median for Sub-Saharan Africa, which is 101.22 billion current LCU, 7% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.12 billion current LCU | 4.23 billion current LCU | 5.89 billion current LCU | 5 |
| 2010s | 6.47 billion current LCU | 5.39 billion current LCU | 8.01 billion current LCU | 10 |
| 2020s | 6.59 billion current LCU | 6.59 billion current LCU | 6.59 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 5.84 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0013 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2019)
Frequently asked questions
- What is customs and other import duties in Cape Verde?
- Customs and other import duties in Cape Verde was 6.59 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Cape Verde?
- The highest recorded value was 8.01 billion current LCU in 2019.
- What is the lowest customs and other import duties recorded in Cape Verde?
- The lowest recorded value was 4.23 billion current LCU in 2005.
- How does Cape Verde rank for customs and other import duties?
- Cape Verde ranks 71st out of 152 countries with data for 2020.
- Is customs and other import duties rising or falling in Cape Verde?
- Over the last ten years it is up 22.4%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.