Cabo Verde Tax Revenue (% of GDP) 2020: 18.39 % of GDP

Tax revenue as a share of GDP by country. Compare how much governments collect in taxes relative to economic output, using World Bank data since 2001.

Cabo Verde16 years of data (20052020)Tax revenue (% of GDP), World Bank (WB)

Source (2020): Film Industry Revenue

Historical Trend

Tax Revenue (% of GDP) over time

Year-by-Year Data
YearValueChange% ChangeActions
202018.39 % of GDP+0.16 % of GDP+0.89%
201918.22 % of GDP0.71 % of GDP-3.74%
201818.93 % of GDP+1.13 % of GDP+6.34%
201717.8 % of GDP+1.08 % of GDP+6.45%
201616.73 % of GDP0.41 % of GDP-2.39%
201517.14 % of GDP+1.6 % of GDP+10.32%
201415.53 % of GDP0.74 % of GDP-4.53%
201316.27 % of GDP0.01 % of GDP-0.07%
201216.28 % of GDP1.71 % of GDP-9.48%
201117.99 % of GDP+1.16 % of GDP+6.92%
201016.82 % of GDP0.06 % of GDP-0.36%
200916.88 % of GDP2.54 % of GDP-13.06%
200819.42 % of GDP+0.24 % of GDP+1.27%
200719.18 % of GDP3.57 % of GDP-15.68%
200622.74 % of GDP+1.66 % of GDP+7.90%
200521.08 % of GDP

Frequently Asked Questions About Cabo Verde Tax Revenue (% of GDP)

What is Cabo Verde's tax revenue (% of gdp) in 2020?

Cabo Verde's tax revenue (% of gdp) is 18.39 % of GDP in 2020, according to Tax revenue (% of GDP), World Bank (WB).

Is Cabo Verde's tax revenue (% of gdp) increasing or decreasing?

Cabo Verde's tax revenue (% of gdp) rose by 0.9% from 2019 (18.22 % of GDP) to 2020 (18.39 % of GDP). Over the past decade (2010–2020) it rose by 9.3%.

How does Cabo Verde rank for tax revenue (% of gdp)?

In 2020, Cabo Verde has the 52nd highest tax revenue (% of gdp) out of 137 countries with data.

What was Cabo Verde's tax revenue (% of gdp) in 2005?

In 2005, Cabo Verde's tax revenue (% of gdp) was 21.08 % of GDP. By 2020 it fell by 12.8%.

Other Facts about Cabo Verde

Explore additional statistical insights

Economy

Agriculture Value Added as a Share of GDP by Country in Cabo Verde

Explore the agriculture value added as a share of GDP by country, measuring the economic impact of farming sectors. This statistic highlights the importance of agriculture in national economies and informs investment decisions.

People and Society

Currently married (Percent) in Cabo Verde

The percentage of currently married individuals by country highlights societal trends in family structure and relationships. Understanding these statistics can provide insights into cultural norms and demographic shifts, influencing policies and social programs.

Economy

Gross Domestic Product (GDP) by Country in Current US Dollars in Cabo Verde

Discover the Gross Domestic Product (GDP) by country in current US dollars, a key indicator of economic performance. This statistic reveals the financial health and growth potential of nations, making it essential for investors and policymakers.

People and Society

Life expectancy at birth in Cabo Verde

Life expectancy at birth measures the average years a newborn is expected to live, reflecting a country's health standards and quality of life. This vital statistic highlights disparities in healthcare and living conditions across nations, making it essential for global health assessments.

People and Society

Median age of population in Cabo Verde

The median age of a population is a key demographic indicator, reflecting the age distribution within a country. Understanding median age helps assess economic development, healthcare needs, and social dynamics. Countries with a higher median age may face challenges related to aging populations, while younger populations often indicate growth potential.

Geography

Percentage of land area by degree of urbanization in Cabo Verde

Explore the percentage of land area by degree of urbanization, highlighting how urban development shapes countries' landscapes and influences economic growth. Understanding this statistic reveals the balance between urban and rural spaces, essential for sustainable planning.