Cabo Verde—Taxes on Income, Profits & Capital Gains (% of rev)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #73 of 137Updated May 2026
Latest Value
22.7%
2020
YoY Change
-3.7%
2019 → 2020
Global Rank
#73
of 137 countries
Maximum
25.2%
2012
Minimum
20.7%
2010
CAGR
+0.5%
16 years
Last
22.7%
Previous
23.6%
Highest
25.2%
Lowest
20.7%
Source
World Bank World Development Indicators
Cabo Verde's taxes on income, profits & capital gains (% of rev) was 22.7% in 2020, ranking #73 out of 137 countries. This represents a -3.7% change from 2019. Over the past 16 years, the highest recorded value was 25.2% (2012) and the lowest was 20.7% (2010). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2020 | 22.7% | -3.7% |
| 2019 | 23.6% | -0.9% |
| 2018 | 23.8% | +1.2% |
| 2017 | 23.5% | -1.0% |
| 2016 | 23.8% | +0.7% |
| 2015 | 23.6% | +0.9% |
| 2014 | 23.4% | -1.3% |
| 2013 | 23.7% | -5.7% |
| 2012 | 25.2% | +3.7% |
| 2011 | 24.3% | +17.4% |
| 2010 | 20.7% | -7.8% |
| 2009 | 22.5% | -0.4% |
| 2008 | 22.5% | -0.5% |
| 2007 | 22.7% | +3.6% |
| 2006 | 21.9% | +4.5% |
| 2005 | 20.9% |
Top Countries — Taxes on Income, Profits & Capital Gains (% of rev)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Australia | 67.9% | 2022 |
| 2 | Papua New Guinea | 59.2% | 2023 |
| 3 | New Zealand | 56.9% | 2023 |
| 4 | United States | 56.7% | 2024 |
| 5 | Canada | 54.6% | 2024 |
| 6 | Ireland | 49.7% | 2022 |
| 7 | Malaysia | 49.4% | 2023 |
| 8 | Denmark | 48.9% | 2023 |
| 9 | South Africa | 48.0% | 2023 |
| 10 | Nicaragua | 41.8% | 2023 |
About This Indicator
Definition
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).