Taxes on goods and services (% of revenue) in Cape Verde
Cape Verde: Taxes on goods and services (% of revenue) was 36.2% in 2020. ▲ Rising
Taxes on goods and services in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Cape Verde recorded 36.2% for taxes on goods and services in 2020.
Compared with earlier readings it is down 0.4% on the previous year and up 7.9% over ten years.
Over the whole period, taxes on goods and services in Cape Verde peaked at 40.0% in 2011 and was at its lowest, 25.0%, in 2005.
Cape Verde ranks 51st of 156 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 (% of revenue) in Cape Verde, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2005 | 25.0% | — |
| 2006 | 34.9% | +39.6% |
| 2007 | 38.3% | +9.8% |
| 2008 | 38.7% | +1.1% |
| 2009 | 33.8% | -12.8% |
| 2010 | 33.5% | -0.8% |
| 2011 | 40.0% | +19.2% |
| 2012 | 36.6% | -8.4% |
| 2013 | 37.3% | +1.9% |
| 2014 | 38.9% | +4.2% |
| 2015 | 35.5% | -8.8% |
| 2016 | 35.4% | -0.1% |
| 2017 | 35.6% | +0.6% |
| 2018 | 39.2% | +9.9% |
| 2019 | 36.3% | -7.3% |
| 2020 | 36.2% | -0.4% |
Cape Verde compared with similar countries
- Cape Verde's 36.2% is above the median for upper middle income countries, which is 34.9%, 1.0× the median. (48 countries reporting)
- Cape Verde's 36.2% is above the median for Sub-Saharan Africa, which is 32.6%, 1.1× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.1% | 25.0% | 38.7% | 5 |
| 2010s | 36.8% | 33.5% | 40.0% | 10 |
| 2020s | 36.2% | 36.2% | 36.2% | 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 taxes on goods and services in Cape Verde?
- Taxes on goods and services in Cape Verde was 36.2% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Cape Verde?
- The highest recorded value was 40.0% in 2011.
- What is the lowest taxes on goods and services recorded in Cape Verde?
- The lowest recorded value was 25.0% in 2005.
- How does Cape Verde rank for taxes on goods and services?
- Cape Verde ranks 51st out of 156 countries with data for 2020.
- Is taxes on goods and services rising or falling in Cape Verde?
- Over the last ten years it is up 7.9%. 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 Taxes on goods and services (% of revenue). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.