Military expenditure (current LCU) in Cape Verde

Cape Verde: Military expenditure (current LCU) was 1.96 billion current LCU in 2025. ◆ Volatile

Latest (2025)
1.96 billion current LCU
Change on year
up 14.4%
World rank
134th
of 168 countries
All-time high
1.96 billion current LCU
in 2025
All-time low
220.00 million current LCU
in 1993
Years of data
39
1984–2025

Military expenditure in Cape Verde, 1984–2025

0500.0M1.0B1.5B2.0B1984200420251984: 313.0M current LCU1985: 311.0M current LCU1986: 357.0M current LCU1987: 360.0M current LCU1988: 366.0M current LCU1992: 242.0M current LCU1993: 220.0M current LCU1994: 281.0M current LCU1995: 477.0M current LCU1996: 352.0M current LCU1997: 382.0M current LCU1998: 443.0M current LCU1999: 518.0M current LCU2000: 814.0M current LCU2001: 571.6M current LCU2002: 529.7M current LCU2003: 565.0M current LCU2004: 573.0M current LCU2005: 628.0M current LCU2006: 614.0M current LCU2007: 640.0M current LCU2008: 809.9M current LCU2009: 667.0M current LCU2010: 686.0M current LCU2011: 774.0M current LCU2012: 835.6M current LCU2013: 815.2M current LCU2014: 835.2M current LCU2015: 887.1M current LCU2016: 1.0B current LCU2017: 918.9M current LCU2018: 1.0B current LCU2019: 958.0M current LCU2020: 1.1B current LCU2021: 1.0B current LCU2022: 1.1B current LCU2023: 1.5B current LCU2024: 1.7B current LCU2025: 2.0B current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in Cape Verde is 1.96 billion current LCU, measured in 2025. That is the highest value across all 39 years on record.

The figure is up 14.4% on the previous year and up 121.2% over ten years.

Over the whole period, military expenditure in Cape Verde peaked at 1.96 billion current LCU in 2025 and was at its lowest, 220.00 million current LCU, in 1993.

Cape Verde ranks 134th of 168 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current LCU) in Cape Verde, year by year

Annual values for Military expenditure (current LCU) in Cape Verde, 1984 to 2025.
Year current LCU Change
1984 313.00 million current LCU —
1985 311.00 million current LCU -0.6%
1986 357.00 million current LCU +14.8%
1987 360.00 million current LCU +0.8%
1988 366.00 million current LCU +1.7%
1992 242.00 million current LCU -33.9%
1993 220.00 million current LCU -9.1%
1994 281.00 million current LCU +27.7%
1995 477.00 million current LCU +69.8%
1996 352.00 million current LCU -26.2%
1997 382.00 million current LCU +8.5%
1998 443.00 million current LCU +16.0%
1999 518.00 million current LCU +16.9%
2000 814.00 million current LCU +57.1%
2001 571.60 million current LCU -29.8%
2002 529.70 million current LCU -7.3%
2003 565.00 million current LCU +6.7%
2004 573.00 million current LCU +1.4%
2005 628.00 million current LCU +9.6%
2006 614.00 million current LCU -2.2%
2007 640.00 million current LCU +4.2%
2008 809.90 million current LCU +26.5%
2009 667.00 million current LCU -17.6%
2010 686.00 million current LCU +2.8%
2011 774.00 million current LCU +12.8%
2012 835.60 million current LCU +8.0%
2013 815.20 million current LCU -2.4%
2014 835.20 million current LCU +2.5%
2015 887.10 million current LCU +6.2%
2016 1.01 billion current LCU +14.3%
2017 918.90 million current LCU -9.4%
2018 1.00 billion current LCU +8.9%
2019 958.00 million current LCU -4.3%
2020 1.09 billion current LCU +13.9%
2021 1.05 billion current LCU -4.2%
2022 1.07 billion current LCU +2.8%
2023 1.46 billion current LCU +36.0%
2024 1.72 billion current LCU +17.4%
2025 1.96 billion current LCU +14.4%

Cape Verde compared with similar countries

  • Cape Verde's 1.96 billion current LCU is below the median for upper middle income countries, which is 55.44 billion current LCU, 4% of the median. (48 countries reporting)
  • Cape Verde's 1.96 billion current LCU is below the median for Sub-Saharan Africa, which is 122.65 billion current LCU, 2% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 341.40 million current LCU 311.00 million current LCU 366.00 million current LCU 5
1990s 364.38 million current LCU 220.00 million current LCU 518.00 million current LCU 8
2000s 641.22 million current LCU 529.70 million current LCU 814.00 million current LCU 10
2010s 872.52 million current LCU 686.00 million current LCU 1.01 billion current LCU 10
2020s 1.39 billion current LCU 1.05 billion current LCU 1.96 billion current LCU 6

Countries ranked near Cape Verde

  1. 131 Tajikistan 2.46 billion current LCU compare
  2. 132 Oman 2.30 billion current LCU compare
  3. 133 Moldova 1.97 billion current LCU compare
  4. 135 Croatia 1.86 billion current LCU compare
  5. 136 Jordan 1.81 billion current LCU compare
  6. 137 Georgia 1.80 billion current LCU compare

See the full ranking of 168 places →

More public sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military expenditure in Cape Verde?
Military expenditure in Cape Verde was 1.96 billion current LCU in 2025, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Cape Verde?
The highest recorded value was 1.96 billion current LCU in 2025.
What is the lowest military expenditure recorded in Cape Verde?
The lowest recorded value was 220.00 million current LCU in 1993.
How does Cape Verde rank for military expenditure?
Cape Verde ranks 134th out of 168 countries with data for 2025.
Is military expenditure rising or falling in Cape Verde?
Over the last ten years it is up 121.2%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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Military expenditure in Cape Verde. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 07 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-lcu/cabo-verde/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
168 places, 8,396 data points, 1960–2025
Last refreshed

Military expenditure in local currency at current prices (by calendar year)