Cape Verde: Tax revenue

The latest value from 2020 is 18.39 percent, an increase from 18.22 percent in 2019. In comparison, the world average is 16.22 percent, based on data from 132 countries. Historically, the average for Cape Verde from 2005 to 2020 is 18.09 percent. The minimum value, 15.53 percent, was reached in 2014 while the maximum of 22.74 percent was recorded in 2006. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.