Military expenditure in Cape Verde
Cape Verde: Military expenditure was 16.83 million current USD in 2024. ▲ Rising
Latest (2024)
16.83 million current USD
Change on year
up 17.2%
World rank
163rd
of 168 countries
All-time high
16.83 million current USD
in 2024
All-time low
2.74 million current USD
in 1993
Years of data
38
1984–2024
Military expenditure in Cape Verde, 1984–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Cape Verde stood at 16.83 million current USD. That is the highest value across all 38 years on record.
The figure is up 17.2% on the previous year and up 67.5% over ten years.
Over the whole period, military expenditure in Cape Verde peaked at 16.83 million current USD in 2024 and was at its lowest, 2.74 million current USD, in 1993.
That places Cape Verde 163rd out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 38 years of available data.
Military expenditure in Cape Verde, year by year
| Year | current USD | Change |
|---|---|---|
| 1984 | 3.69 million current USD | — |
| 1985 | 3.39 million current USD | -8.0% |
| 1986 | 4.45 million current USD | +31.2% |
| 1987 | 4.97 million current USD | +11.5% |
| 1988 | 5.08 million current USD | +2.2% |
| 1992 | 3.56 million current USD | -29.9% |
| 1993 | 2.74 million current USD | -23.1% |
| 1994 | 3.43 million current USD | +25.4% |
| 1995 | 6.21 million current USD | +80.9% |
| 1996 | 4.26 million current USD | -31.3% |
| 1997 | 4.10 million current USD | -3.8% |
| 1998 | 4.51 million current USD | +10.1% |
| 1999 | 5.00 million current USD | +10.9% |
| 2000 | 6.80 million current USD | +35.9% |
| 2001 | 4.64 million current USD | -31.8% |
| 2002 | 4.52 million current USD | -2.5% |
| 2003 | 5.78 million current USD | +27.9% |
| 2004 | 6.45 million current USD | +11.6% |
| 2005 | 7.08 million current USD | +9.8% |
| 2006 | 6.99 million current USD | -1.4% |
| 2007 | 7.94 million current USD | +13.7% |
| 2008 | 10.76 million current USD | +35.4% |
| 2009 | 8.40 million current USD | -21.9% |
| 2010 | 8.24 million current USD | -1.9% |
| 2011 | 9.76 million current USD | +18.4% |
| 2012 | 9.74 million current USD | -0.2% |
| 2013 | 9.82 million current USD | +0.8% |
| 2014 | 10.05 million current USD | +2.4% |
| 2015 | 8.92 million current USD | -11.2% |
| 2016 | 10.17 million current USD | +14.0% |
| 2017 | 9.35 million current USD | -8.0% |
| 2018 | 10.71 million current USD | +14.5% |
| 2019 | 9.73 million current USD | -9.2% |
| 2020 | 11.28 million current USD | +15.9% |
| 2021 | 11.21 million current USD | -0.6% |
| 2022 | 10.25 million current USD | -8.6% |
| 2023 | 14.35 million current USD | +40.0% |
| 2024 | 16.83 million current USD | +17.2% |
Cape Verde compared with similar countries
- Cape Verde's 16.83 million current USD is below the median for upper middle income countries, which is 1.38 billion current USD, 1% of the median. (48 countries reporting)
- Cape Verde's 16.83 million current USD is below the median for Sub-Saharan Africa, which is 293.92 million current USD, 6% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.32 million current USD | 3.39 million current USD | 5.08 million current USD | 5 |
| 1990s | 4.23 million current USD | 2.74 million current USD | 6.21 million current USD | 8 |
| 2000s | 6.94 million current USD | 4.52 million current USD | 10.76 million current USD | 10 |
| 2010s | 9.65 million current USD | 8.24 million current USD | 10.71 million current USD | 10 |
| 2020s | 12.78 million current USD | 10.25 million current USD | 16.83 million current USD | 5 |
Countries ranked near Cape Verde
- 160 Mauritius 23.01 million current USD compare
- 161 Laos 22.68 million current USD compare
- 162 Haiti 19.75 million current USD compare
- 164 Gambia 14.43 million current USD compare
- 165 Costa Rica 0 current USD
- 165 Iceland 0 current USD
- 165 Panama 0 current USD compare
- 165 Venezuela 0 current USD compare
More public sector data for Cape Verde
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, 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)
- Chief executive of the government is elected, 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 in Cape Verde?
- Military expenditure in Cape Verde was 16.83 million current USD in 2024, 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 16.83 million current USD in 2024.
- What is the lowest military expenditure recorded in Cape Verde?
- The lowest recorded value was 2.74 million current USD in 1993.
- How does Cape Verde rank for military expenditure?
- Cape Verde ranks 163rd out of 168 countries with data for 2024.
- Is military expenditure rising or falling in Cape Verde?
- Over the last ten years it is up 67.5%. The long-run trend across the full record is rising.
- 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 USD). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)