Military expenditure (current USD) in Cape Verde

Cape Verde: Military expenditure (current USD) was 20.08 million current USD in 2025. ▲ Rising

Latest (2025)
20.08 million current USD
Change on year
up 19.3%
World rank
164th
of 168 countries
All-time high
20.08 million current USD
in 2025
All-time low
2.74 million current USD
in 1993
Years of data
39
1984–2025

Military expenditure in Cape Verde, 1984–2025

5.0M10.0M15.0M20.0M1984200420251984: 3.7M current USD1985: 3.4M current USD1986: 4.5M current USD1987: 5.0M current USD1988: 5.1M current USD1992: 3.6M current USD1993: 2.7M current USD1994: 3.4M current USD1995: 6.2M current USD1996: 4.3M current USD1997: 4.1M current USD1998: 4.5M current USD1999: 5.0M current USD2000: 6.8M current USD2001: 4.6M current USD2002: 4.5M current USD2003: 5.8M current USD2004: 6.5M current USD2005: 7.1M current USD2006: 7.0M current USD2007: 7.9M current USD2008: 10.8M current USD2009: 8.4M current USD2010: 8.2M current USD2011: 9.8M current USD2012: 9.7M current USD2013: 9.8M current USD2014: 10.0M current USD2015: 8.9M current USD2016: 10.2M current USD2017: 9.4M current USD2018: 10.7M current USD2019: 9.7M current USD2020: 11.3M current USD2021: 11.2M current USD2022: 10.3M current USD2023: 14.4M current USD2024: 16.8M current USD2025: 20.1M current USD

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

Analysis

In 2025, military expenditure in Cape Verde stood at 20.08 million current USD. That is the highest value across all 39 years on record.

The figure is up 19.3% on the previous year and up 125.0% over ten years.

Over the whole period, military expenditure in Cape Verde peaked at 20.08 million current USD in 2025 and was at its lowest, 2.74 million current USD, in 1993.

That places Cape Verde 164th out of 168 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 39 years of available data.

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

Annual values for Military expenditure (current USD) in Cape Verde, 1984 to 2025.
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%
2025 20.08 million current USD +19.3%

Cape Verde compared with similar countries

  • Cape Verde's 20.08 million current USD is below the median for upper middle income countries, which is 1.48 billion current USD, 1% of the median. (48 countries reporting)
  • Cape Verde's 20.08 million current USD is below the median for Sub-Saharan Africa, which is 338.94 million current USD, 6% of the median. (46 countries reporting)

Averages by decade

DecadeAverage LowestHighest 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 14.00 million current USD 10.25 million current USD 20.08 million current USD 6

Countries ranked near Cape Verde

  1. 161 Mauritius 23.84 million current USD compare
  2. 162 Laos 22.76 million current USD compare
  3. 163 Guinea-Bissau 22.36 million current USD compare
  4. 165 Gambia 14.74 million current USD compare
  5. 166 Costa Rica 0 current USD
  6. 166 Iceland 0 current USD
  7. 166 Panama 0 current USD compare

See the full ranking of 212 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 20.08 million current USD 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 20.08 million current USD in 2025.
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 164th 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 125.0%. 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.

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Military expenditure in Cape Verde. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 08 November 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd/cabo-verde/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
212 places, 10,705 data points, 1960–2025
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)