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Cabo Verde Government Revenue

General government revenue as % of GDP  GGR_NGDP

Cabo Verde's government revenue was 26.49% in 2025, ranked 98th globally. This represents a 5.8% increase from 2024. Data from IMF WEO, covering 1994–2025.

26.49% +1.46% (+5.8%)
Year 2025 Rank #98 Global Peak 35.28% (1994) Source IMF WEO

Cabo Verde Government Revenue (1994–2025)

Overview

Cabo Verde's government revenue stood at 26.49% in 2025, a rise of +1.46% from 2024. The IMF projects 26.49% by 2025. Cabo Verde ranked 98th globally.

Cabo Verde's government revenue, at 26.49 in 2025, places the country 98th globally according to the IMF WEO. The indicator has fluctuated significantly over the past three decades, peaking at 35.28 in 1994 and bottoming out at 19.13 in 2001. This volatility is comparable to that experienced by peer countries such as Qatar and Belize, which have maintained government revenues above the 26-point threshold. Despite the country's efforts to diversify its economy and mitigate the effects of global economic trends, Cabo Verde's government revenue has not shown a consistent upward trajectory. The current level of government revenue is below its 1994 peak, suggesting that the country's economic growth has not been sufficient to sustain its revenue. A sustained increase in tourism and foreign investment could potentially alter this trajectory, however, and contribute to an upward trend in government revenue in the coming years.

Data & projection

Year Government Revenue YoY change Rank
2030* IMF 25.94% - -
2029* IMF 25.96% - -
2028* IMF 25.82% - -
2027* IMF 25.99% - -
2026* IMF 25.08% - -
2025* IMF 26.49% - -
2025 26.49% +1.46% #98
2024 25.03% −0.40% #112
2023 25.42% +3.08% #107
2022 22.35% −0.93% #123
2021 23.28% −1.97% #116
2020 25.25% −0.64% #100
2019 25.89% +0.71% #104
2018 25.18% −0.17% #105
2017 25.35% +1.43% #105
2016 23.92% −0.62% #109
2015 24.54% +3.71% #104
2014 20.84% −1.54% #139
2013 22.38% +0.16% #127
2012 22.22% −1.15% #128
2011 23.37% −2.74% #120
Show all years (1994-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.6% GDP growth 1.4% Unemployment 13.5%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Cabo Verde matched the Stagflation Risk pattern in 1991. Historically, 38% of countries showing this pattern (117 out of 307) saw government revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's government revenue?▾

Cabo Verde's government revenue was 26.49% in 2025. Ranked 98th globally. This represents a 5.8% increase from the previous year.

What was the highest government revenue in Cabo Verde?▾

Cabo Verde's government revenue peaked at 35.28% in 1994.

What was the lowest government revenue in Cabo Verde?▾

The lowest government revenue in Cabo Verde was 19.13% in 2001.

How does Cabo Verde rank in government revenue?▾

Cabo Verde ranks 98th globally in government revenue as of 2025.

What is the World Bank indicator code for government revenue?▾

The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.

What is the projected government revenue of Cabo Verde in 2025?▾

Cabo Verde's government revenue is projected to reach 26.49% by 2025 based on IMF projection.

What is the government revenue of Cabo Verde in 2025?▾

The government revenue of Cabo Verde in 2025 was 26.49%. This ranks 98th in the world.

Cite this page

APA
Cabo Verde Government Revenue. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/cabo-verde/government-revenue/
BibTeX
@misc{historysaid_cabo-verde_government-revenue, title = {Cabo Verde Government Revenue}, url = {https://historysaid.com/cabo-verde/government-revenue/}, publisher = {HistorySaid}, year = {2026} }
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