Customs and other import duties in Cape Verde
Cape Verde: Customs and other import duties was 20.3% in 2020. ▼ Falling
Customs and other import duties in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
In 2020, customs and other import duties in Cape Verde stood at 20.3%.
The figure is up 2.6% on the previous year and down 3.5% over ten years.
Over the whole period, customs and other import duties in Cape Verde peaked at 23.3% in 2005 and was at its lowest, 19.8%, in 2019.
Cape Verde ranks 20th of 151 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Customs and other import duties in Cape Verde, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2005 | 23.3% | — |
| 2006 | 22.1% | -5.2% |
| 2007 | 21.1% | -4.5% |
| 2008 | 20.5% | -2.6% |
| 2009 | 20.9% | +1.5% |
| 2010 | 21.1% | +1.1% |
| 2011 | 21.3% | +1.2% |
| 2012 | 21.5% | +0.7% |
| 2013 | 20.8% | -3.3% |
| 2014 | 21.9% | +5.1% |
| 2015 | 20.4% | -6.6% |
| 2016 | 22.1% | +8.2% |
| 2017 | 20.8% | -5.9% |
| 2018 | 19.8% | -4.6% |
| 2019 | 19.8% | -0.1% |
| 2020 | 20.3% | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.6% | 20.5% | 23.3% | 5 |
| 2010s | 20.9% | 19.8% | 22.1% | 10 |
| 2020s | 20.3% | 20.3% | 20.3% | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- 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)
- Military expenditure (current USD), per capita 32.06 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0062 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 17.23 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 16.83 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 744.42 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 3,562 current USD per square kilometre (2023)
Frequently asked questions
- What is customs and other import duties in Cape Verde?
- Customs and other import duties in Cape Verde was 20.3% 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 23.3% in 2005.
- What is the lowest customs and other import duties recorded in Cape Verde?
- The lowest recorded value was 19.8% in 2019.
- How does Cape Verde rank for customs and other import duties?
- Cape Verde ranks 20th out of 151 countries with data for 2020.
- Is customs and other import duties rising or falling in Cape Verde?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
- 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 (% of tax revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.