Taxes on goods and services (current LCU), per unit of GDP in Cape Verde
Cape Verde: Taxes on goods and services (current LCU), per unit of GDP was 8.71 current LCU per US$ of GDP in 2020. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Cape Verde, 2005–2020
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2020, taxes on goods and services (current lcu), per unit of gdp in Cape Verde stood at 8.71 current LCU per US$ of GDP.
Compared with earlier readings it is down 0.1% on the previous year and up 27.4% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Cape Verde peaked at 9.58 current LCU per US$ of GDP in 2006 and was at its lowest, 6.29 current LCU per US$ of GDP, in 2014.
Cape Verde ranks 44th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Cape Verde, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 6.88 current LCU per US$ of GDP | — |
| 2006 | 9.58 current LCU per US$ of GDP | +39.2% |
| 2007 | 7.64 current LCU per US$ of GDP | -20.2% |
| 2008 | 7.35 current LCU per US$ of GDP | -3.9% |
| 2009 | 6.42 current LCU per US$ of GDP | -12.6% |
| 2010 | 6.84 current LCU per US$ of GDP | +6.4% |
| 2011 | 6.98 current LCU per US$ of GDP | +2.1% |
| 2012 | 6.54 current LCU per US$ of GDP | -6.3% |
| 2013 | 6.54 current LCU per US$ of GDP | +0.1% |
| 2014 | 6.29 current LCU per US$ of GDP | -3.9% |
| 2015 | 8.14 current LCU per US$ of GDP | +29.3% |
| 2016 | 7.77 current LCU per US$ of GDP | -4.4% |
| 2017 | 8.31 current LCU per US$ of GDP | +6.9% |
| 2018 | 8.81 current LCU per US$ of GDP | +6.0% |
| 2019 | 8.72 current LCU per US$ of GDP | -0.9% |
| 2020 | 8.71 current LCU per US$ of GDP | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.58 current LCU per US$ of GDP | 6.42 current LCU per US$ of GDP | 9.58 current LCU per US$ of GDP | 5 |
| 2010s | 7.49 current LCU per US$ of GDP | 6.29 current LCU per US$ of GDP | 8.81 current LCU per US$ of GDP | 10 |
| 2020s | 8.71 current LCU per US$ of GDP | 8.71 current LCU per US$ of GDP | 8.71 current LCU per US$ of GDP | 1 |
Countries ranked near Cape Verde
- 41 Gabon 11.69 current LCU per US$ of GDP compare
- 42 Kyrgyzstan 10.82 current LCU per US$ of GDP compare
- 43 Kenya 8.81 current LCU per US$ of GDP compare
- 45 Nepal 8.42 current LCU per US$ of GDP compare
- 46 Russian Federation 7.46 current LCU per US$ of GDP compare
- 47 North Macedonia 6.79 current LCU per US$ of GDP compare
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 taxes on goods and services (current lcu), per unit of gdp in Cape Verde?
- Taxes on goods and services (current lcu), per unit of gdp in Cape Verde was 8.71 current LCU per US$ of GDP in 2020, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Cape Verde?
- The highest recorded value was 9.58 current LCU per US$ of GDP in 2006.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Cape Verde?
- The lowest recorded value was 6.29 current LCU per US$ of GDP in 2014.
- How does Cape Verde rank for taxes on goods and services (current lcu), per unit of gdp?
- Cape Verde ranks 44th out of 157 countries with data for 2020.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Cape Verde?
- Over the last ten years it is up 27.4%. The long-run trend across the full record is rising.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.