Paying taxes: Profit tax in Cape Verde
Cape Verde: Paying taxes: Profit tax was 18.3% in 2019. ▼ Falling
Paying taxes: Profit tax in Cape Verde, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Cape Verde is 18.3%, measured in 2019.
The figure is down 1.1% on the previous year and up 0.5% over ten years.
Over the whole period, paying taxes: profit tax in Cape Verde peaked at 22.0% in 2005 and was at its lowest, 18.0%, in 2012.
Cape Verde ranks 78th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Profit tax in Cape Verde, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 22.0% | — |
| 2006 | 22.0% | +0.0% |
| 2007 | 22.0% | +0.0% |
| 2008 | 22.0% | +0.0% |
| 2009 | 18.2% | -17.3% |
| 2010 | 18.9% | +3.8% |
| 2011 | 18.6% | -1.6% |
| 2012 | 18.0% | -3.2% |
| 2013 | 18.2% | +1.1% |
| 2014 | 18.2% | +0.0% |
| 2015 | 18.5% | +1.6% |
| 2016 | 18.6% | +0.5% |
| 2017 | 18.6% | +0.0% |
| 2018 | 18.5% | -0.5% |
| 2019 | 18.3% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.2% | 18.2% | 22.0% | 5 |
| 2010s | 18.4% | 18.0% | 18.9% | 10 |
Countries ranked near Cape Verde
- 75 Seychelles 18.8% compare
- 76 Sierra Leone 18.5% compare
- 77 Iran, Islamic Republic of 18.4% compare
- 79 Ecuador 18.2% compare
- 79 Republic of Korea 18.2% compare
- 81 Indonesia 18.1% compare
More reference data data for Cape Verde
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0284 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0737 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0443 (2050)
- Spring temperature anomalies -0.56 °C (2026)
- Temperature anomalies by month -0.3107 °C (2026)
- Summer temperature anomalies 0.1352 °C (2026)
- Emission Totals - Direct emissions (N2O) - Manure left on Pasture 0.0967 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 2.65 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 1.45 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 3.29 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Cape Verde?
- Paying taxes: profit tax in Cape Verde was 18.3% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Cape Verde?
- The highest recorded value was 22.0% in 2005.
- What is the lowest paying taxes: profit tax recorded in Cape Verde?
- The lowest recorded value was 18.0% in 2012.
- How does Cape Verde rank for paying taxes: profit tax?
- Cape Verde ranks 78th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Cape Verde?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.