Cabo Verde—Government Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #87 of 139Updated May 2026
Latest Value
21.6%
2020
YoY Change
-0.4%
2019 → 2020
Global Rank
#87
of 139 countries
Maximum
24.7%
2006
Minimum
17.8%
2014
CAGR
-0.5%
16 years
Last
21.6%
Previous
21.6%
Highest
24.7%
Lowest
17.8%
Source
World Bank World Development Indicators
Cabo Verde's government revenue (% of gdp) was 21.6% in 2020, ranking #87 out of 139 countries. This represents a -0.4% change from 2019. Over the past 16 years, the highest recorded value was 24.7% (2006) and the lowest was 17.8% (2014). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 21.6% | -0.4% |
| 2019 | 21.6% | -5.1% |
| 2018 | 22.8% | +10.3% |
| 2017 | 20.7% | +4.4% |
| 2016 | 19.8% | -5.4% |
| 2015 | 20.9% | +17.3% |
| 2014 | 17.8% | -4.8% |
| 2013 | 18.7% | +3.2% |
| 2012 | 18.1% | -6.2% |
| 2011 | 19.3% | +5.8% |
| 2010 | 18.3% | -2.2% |
| 2009 | 18.7% | -12.0% |
| 2008 | 21.2% | +2.4% |
| 2007 | 20.7% | -16.0% |
| 2006 | 24.7% | +5.4% |
| 2005 | 23.4% |
Top Countries — Government Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 138.8% | 2020 |
| 2 | Kiribati | 81.1% | 2023 |
| 3 | Norway | 54.2% | 2023 |
| 4 | Timor-Leste | 51.5% | 2022 |
| 5 | Lesotho | 44.2% | 2024 |
| 6 | Austria | 44.2% | 2023 |
| 7 | Greece | 43.3% | 2023 |
| 8 | Luxembourg | 42.8% | 2023 |
| 9 | France | 42.2% | 2023 |
| 10 | Finland | 42.1% | 2023 |
About This Indicator
Definition
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. 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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).