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Cabo Verde Tax Revenue

Tax revenue as % of GDP  GC.TAX.TOTL.GD.ZS

18.39% +0.16% (+0.9%)
Year 2020 Rank #86 Global Peak 22.74% (2006) Source World Bank

Cabo Verde Tax Revenue (2005–2020)

Overview

Cabo Verde's tax revenue stood at 18.39% in 2020, a rise of +0.16% from 2019. Cabo Verde ranked 86th globally.

Data & projection

Year Tax Revenue YoY change Rank
2020 18.39% +0.16% #86
2019 18.22% −0.71% #83
2018 18.93% +1.13% #89
2017 17.80% +1.08% #88
2016 16.73% −0.41% #77
2015 17.14% +1.60% #83
2014 15.53% −0.74% #65
2013 16.27% −0.01% #68
2012 16.28% −1.71% #70
2011 17.99% +1.16% #81
2010 16.82% −0.06% #73
2009 16.88% −2.54% #69
2008 19.42% +0.24% #72
2007 19.18% −3.57% #60
2006 22.74% +1.66% #81
Show all years (2005-2020)

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 tax revenue improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cabo Verde's tax revenue?

Cabo Verde's tax revenue was 18.39% in 2020. Ranked 86th globally. This represents a 0.9% increase from the previous year.

What was the highest tax revenue in Cabo Verde?

Cabo Verde's tax revenue peaked at 22.74% in 2006.

What was the lowest tax revenue in Cabo Verde?

The lowest tax revenue in Cabo Verde was 15.53% in 2014.

How does Cabo Verde rank in tax revenue?

Cabo Verde ranks 86th globally in tax revenue as of 2020.

What is the World Bank indicator code for tax revenue?

The World Bank indicator code is GC.TAX.TOTL.GD.ZS. Data sourced from World Bank.

What is the tax revenue of Cabo Verde in 2020?

The tax revenue of Cabo Verde in 2020 was 18.39%. This ranks 86th in the world.

Cite this page

APA
Cabo Verde Tax Revenue. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/cabo-verde/tax-revenue
BibTeX
@misc{historysaid_cabo-verde_tax-revenue, title = {Cabo Verde Tax Revenue}, url = {https://historysaid.com/cabo-verde/tax-revenue}, publisher = {HistorySaid}, year = {2026} }