Taxes on international trade in Cape Verde
Cape Verde: Taxes on international trade was 6.59 billion current LCU in 2020. ▲ Rising
Taxes on international trade in Cape Verde, 2005–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Cape Verde recorded 6.59 billion current LCU for taxes on international trade in 2020.
That represents a change of down 17.7% on the previous year and up 22.4% over ten years.
Over the whole period, taxes on international trade in Cape Verde peaked at 8.01 billion current LCU in 2019 and was at its lowest, 4.23 billion current LCU, in 2005.
Cape Verde ranks 74th of 155 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.
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
- 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 international trade in Cape Verde?
- Taxes on international trade 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 taxes on international trade recorded in Cape Verde?
- The highest recorded value was 8.01 billion current LCU in 2019.
- What is the lowest taxes on international trade recorded in Cape Verde?
- The lowest recorded value was 4.23 billion current LCU in 2005.
- How does Cape Verde rank for taxes on international trade?
- Cape Verde ranks 74th out of 155 countries with data for 2020.
- Is taxes on international trade 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 Taxes on international trade (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
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-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.