Cape Verde vs Venezuela: Military spending

Cape Verde
14.40 million constant 2022 US$
in 2023
Venezuela
4.83 million constant 2022 US$
in 2023
Cape Verde rank
169th
Venezuela rank
172nd

Military spending over time

  • Cape Verde
  • Venezuela
01.0B2.0B3.0B4.0B184119322023

How they compare

Cape Verde currently reports 14.40 million constant 2022 US$ against 4.83 million constant 2022 US$ in Venezuela, a difference of 9.57 million constant 2022 US$.

That makes Cape Verde's figure about 3.0 times Venezuela's.

The two have swapped places 1 time across 49 shared years of data; in 1975 it was Venezuela ahead.

Cape Verde ranks 169th and Venezuela ranks 172nd of 172 countries.

Across the 6 decades both report, Cape Verde averaged higher in 1 and Venezuela in 5.

Head to head by decade

Decade Cape Verde Venezuela Difference Ahead
1970s 6.10 million constant 2022 US$ 1.71 billion constant 2022 US$ 1.70 billion constant 2022 US$ Venezuela
1980s 9.96 million constant 2022 US$ 1.43 billion constant 2022 US$ 1.42 billion constant 2022 US$ Venezuela
1990s 6.82 million constant 2022 US$ 1.00 billion constant 2022 US$ 995.20 million constant 2022 US$ Venezuela
2000s 9.08 million constant 2022 US$ 1.76 billion constant 2022 US$ 1.75 billion constant 2022 US$ Venezuela
2010s 12.10 million constant 2022 US$ 1.65 billion constant 2022 US$ 1.64 billion constant 2022 US$ Venezuela
2020s 13.95 million constant 2022 US$ 4.63 million constant 2022 US$ 9.32 million constant 2022 US$ Cape Verde

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Cape Verde or Venezuela?
Cape Verde, at 14.40 million constant 2022 US$ against 4.83 million constant 2022 US$ in Venezuela as of 2023.
What is the difference in military spending between Cape Verde and Venezuela?
9.57 million constant 2022 US$, with Cape Verde ahead.
How many years of comparable data are there for Cape Verde and Venezuela?
49 years are reported by both, from 1975 to 2023.
How do Cape Verde and Venezuela rank globally for military spending?
Cape Verde ranks 169th and Venezuela ranks 172nd of 172 countries.
Where does this data come from?
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.