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 16.17 percent, based on data from 133 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 or world map for that indicator or use the country comparator to compare trends over time.

Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.