Taxes on goods and services in Cape Verde
Cape Verde: Taxes on goods and services was 15.87 billion current LCU 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 current LCU.
Analysis
The most recent figure for taxes on goods and services in Cape Verde is 15.87 billion current LCU, measured in 2020.
Compared with earlier readings it is down 19.2% on the previous year and up 27.2% over ten years.
Over the whole period, taxes on goods and services in Cape Verde peaked at 19.64 billion current LCU in 2019 and was at its lowest, 6.69 billion current LCU, in 2005.
That places Cape Verde 106th out of 157 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.24 billion current LCU | 6.69 billion current LCU | 14.40 billion current LCU | 5 |
| 2010s | 14.97 billion current LCU | 12.47 billion current LCU | 19.64 billion current LCU | 10 |
| 2020s | 15.87 billion current LCU | 15.87 billion current LCU | 15.87 billion current LCU | 1 |
Countries ranked near Cape Verde
More public sector data for Cape Verde
- Arms imports 3.00 million SIPRI trend indicator values (2019)
- Tax revenue 18.4% (2020)
- Taxes on income, profits and capital gains 22.7% (2020)
- Taxes on goods and services 36.2% (2020)
- Net investment in nonfinancial assets 3.4% (2020)
- Net lending (+) / net borrowing (-) -9.4% (2020)
- Interest payments 10.9% (2020)
- Grants and other revenue 25.9% (2020)
- Interest payments 8.8% (2020)
- Compensation of employees 39.9% (2020)
Frequently asked questions
- What is taxes on goods and services in Cape Verde?
- Taxes on goods and services in Cape Verde was 15.87 billion current LCU 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 19.64 billion current LCU in 2019.
- What is the lowest taxes on goods and services recorded in Cape Verde?
- The lowest recorded value was 6.69 billion current LCU in 2005.
- How does Cape Verde rank for taxes on goods and services?
- Cape Verde ranks 106th out of 157 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 27.2%. 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 (current LCU). 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
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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.