Tariff rate, most favored nation, simple mean, all products in Cape Verde
Cape Verde: Tariff rate, most favored nation, simple mean, all products was 11.9% in 2022. ▬ Flat
Tariff rate, most favored nation, simple mean, all products in Cape Verde, 2005–2022
Source: Staff estimates. Measured in %.
Analysis
The most recent figure for tariff rate, most favored nation, simple mean, all products in Cape Verde is 11.9%, measured in 2022. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 17.0% on the previous year and up 17.8% over ten years.
Over the whole period, tariff rate, most favored nation, simple mean, all products in Cape Verde peaked at 11.9% in 2022 and was at its lowest, 10.1%, in 2012.
That places Cape Verde 54th out of 186 countries with data for 2022, putting it in the middle of the range.
Tariff rate, most favored nation, simple mean, all products in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 10.4% | — |
| 2006 | 10.4% | -0.1% |
| 2007 | 10.4% | +0.2% |
| 2008 | 10.4% | +0.0% |
| 2009 | 10.4% | -0.1% |
| 2010 | 10.2% | -2.4% |
| 2011 | 10.2% | -0.1% |
| 2012 | 10.1% | -0.4% |
| 2013 | 10.3% | +1.9% |
| 2015 | 10.3% | -0.4% |
| 2019 | 10.2% | -0.7% |
| 2020 | 10.2% | -0.1% |
| 2021 | 10.2% | +0.0% |
| 2022 | 11.9% | +17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.4% | 10.4% | 10.4% | 5 |
| 2010s | 10.2% | 10.1% | 10.3% | 6 |
| 2020s | 10.8% | 10.2% | 11.9% | 3 |
Countries ranked near Cape Verde
- 52 Mauritania 12.1% compare
- 53 Belize 12.0% compare
- 55 Bolivia, Plurinational State of 11.9% compare
- 56 Madagascar 11.9% compare
- 57 Maldives 11.8% compare
More private sector data for Cape Verde
- Merchandise trade 70.0% (2025)
- Food imports 32.6% (2024)
- Manufactures imports 50.8% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Food exports 86.4% (2024)
- Manufactures exports 13.6% (2024)
- Merchandise exports 96.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 182.05 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0314 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, simple mean, all products in Cape Verde?
- Tariff rate, most favored nation, simple mean, all products in Cape Verde was 11.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, simple mean, all products recorded in Cape Verde?
- The highest recorded value was 11.9% in 2022.
- What is the lowest tariff rate, most favored nation, simple mean, all products recorded in Cape Verde?
- The lowest recorded value was 10.1% in 2012.
- How does Cape Verde rank for tariff rate, most favored nation, simple mean, all products?
- Cape Verde ranks 54th out of 186 countries with data for 2022.
- Is tariff rate, most favored nation, simple mean, all products rising or falling in Cape Verde?
- Over the last ten years it is up 17.8%. The long-run trend across the full record is flat.
- Where does this Cape Verde data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups.