Military expenditure (current USD), annual growth rate in Cape Verde
Cape Verde: Military expenditure (current USD), annual growth rate was 17.23 % change on previous year in 2024. ◆ Volatile
Military expenditure (current USD), annual growth rate in Cape Verde, 1985–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, military expenditure (current usd), annual growth rate in Cape Verde stood at 17.23 % change on previous year.
That represents a change of down 57.0% on the previous year and up 625.2% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Cape Verde peaked at 80.88 % change on previous year in 1995 and was at its lowest, -31.8 % change on previous year, in 2001.
Cape Verde ranks 48th of 164 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Cape Verde, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | -7.96 % change on previous year | — |
| 1986 | 31.24 % change on previous year | -492.4% |
| 1987 | 11.53 % change on previous year | -63.1% |
| 1988 | 2.23 % change on previous year | -80.7% |
| 1993 | -23.12 % change on previous year | -1137.3% |
| 1994 | 25.44 % change on previous year | -210.1% |
| 1995 | 80.88 % change on previous year | +217.9% |
| 1996 | -31.33 % change on previous year | -138.7% |
| 1997 | -3.81 % change on previous year | -87.9% |
| 1998 | 10.08 % change on previous year | -365.0% |
| 1999 | 10.89 % change on previous year | +8.0% |
| 2000 | 35.89 % change on previous year | +229.5% |
| 2001 | -31.8 % change on previous year | -188.6% |
| 2002 | -2.54 % change on previous year | -92.0% |
| 2003 | 27.91 % change on previous year | -1200.1% |
| 2004 | 11.57 % change on previous year | -58.5% |
| 2005 | 9.77 % change on previous year | -15.6% |
| 2006 | -1.37 % change on previous year | -114.1% |
| 2007 | 13.72 % change on previous year | -1099.2% |
| 2008 | 35.44 % change on previous year | +158.3% |
| 2009 | -21.9 % change on previous year | -161.8% |
| 2010 | -1.95 % change on previous year | -91.1% |
| 2011 | 18.43 % change on previous year | -1046.6% |
| 2012 | -0.2168 % change on previous year | -101.2% |
| 2013 | 0.8143 % change on previous year | -475.7% |
| 2014 | 2.38 % change on previous year | +191.8% |
| 2015 | -11.21 % change on previous year | -571.9% |
| 2016 | 14 % change on previous year | -224.9% |
| 2017 | -8.03 % change on previous year | -157.4% |
| 2018 | 14.54 % change on previous year | -281.0% |
| 2019 | -9.2 % change on previous year | -163.3% |
| 2020 | 15.95 % change on previous year | -273.3% |
| 2021 | -0.5816 % change on previous year | -103.6% |
| 2022 | -8.59 % change on previous year | +1376.6% |
| 2023 | 40.03 % change on previous year | -566.1% |
| 2024 | 17.23 % change on previous year | -57.0% |
Cape Verde compared with similar countries
- Cape Verde's 17.23 % change on previous year is above the median for upper middle income countries, which is 8.92 % change on previous year, 1.9× the median. (48 countries reporting)
- Cape Verde's 17.23 % change on previous year is above the median for Sub-Saharan Africa, which is 6.07 % change on previous year, 2.8× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.26 % change on previous year | -7.96 % change on previous year | 31.24 % change on previous year | 4 |
| 1990s | 9.86 % change on previous year | -31.33 % change on previous year | 80.88 % change on previous year | 7 |
| 2000s | 7.67 % change on previous year | -31.8 % change on previous year | 35.89 % change on previous year | 10 |
| 2010s | 1.95 % change on previous year | -11.21 % change on previous year | 18.43 % change on previous year | 10 |
| 2020s | 12.81 % change on previous year | -8.59 % change on previous year | 40.03 % change on previous year | 5 |
Countries ranked near Cape Verde
- 45 Finland 17.88 % change on previous year compare
- 46 Pakistan 17.85 % change on previous year compare
- 47 Moldova 17.34 % change on previous year compare
- 49 Cameroon 17.15 % change on previous year compare
- 50 Bulgaria 17.09 % change on previous year compare
- 51 Botswana 16.94 % change on previous year compare
More public sector data for Cape Verde
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Cape Verde?
- Military expenditure (current usd), annual growth rate in Cape Verde was 17.23 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Cape Verde?
- The highest recorded value was 80.88 % change on previous year in 1995.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Cape Verde?
- The lowest recorded value was -31.8 % change on previous year in 2001.
- How does Cape Verde rank for military expenditure (current usd), annual growth rate?
- Cape Verde ranks 48th out of 164 countries with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in Cape Verde?
- Over the last ten years it is up 625.2%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.