Cape Verde vs Nicaragua: Military spending, per unit of GDP
Cape Verde
0.0058 constant 2022 US$ per US$ of GDP
in 2023
Nicaragua
0.0062 constant 2022 US$ per US$ of GDP
in 2023
Cape Verde rank
155th
Nicaragua rank
154th
Military spending, per unit of GDP over time
- Cape Verde
- Nicaragua
How they compare
Nicaragua currently reports 0.0062 constant 2022 US$ per US$ of GDP against 0.0058 constant 2022 US$ per US$ of GDP in Cape Verde, a difference of 0.0004 constant 2022 US$ per US$ of GDP.
That makes Nicaragua's figure about 1.1 times Cape Verde's.
The two have swapped places 5 times across 44 shared years of data; in 1980 it was Cape Verde ahead.
Cape Verde ranks 155th and Nicaragua ranks 154th of 170 countries.
Across the 5 decades both report, Cape Verde averaged higher in 1 and Nicaragua in 4.
Head to head by decade
| Decade | Cape Verde | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.0611 constant 2022 US$ per US$ of GDP | 0.2064 constant 2022 US$ per US$ of GDP | 0.1453 constant 2022 US$ per US$ of GDP | Nicaragua |
| 1990s | 0.0158 constant 2022 US$ per US$ of GDP | 0.1008 constant 2022 US$ per US$ of GDP | 0.085 constant 2022 US$ per US$ of GDP | Nicaragua |
| 2000s | 0.0096 constant 2022 US$ per US$ of GDP | 0.0076 constant 2022 US$ per US$ of GDP | 0.002 constant 2022 US$ per US$ of GDP | Cape Verde |
| 2010s | 0.0061 constant 2022 US$ per US$ of GDP | 0.0073 constant 2022 US$ per US$ of GDP | 0.0013 constant 2022 US$ per US$ of GDP | Nicaragua |
| 2020s | 0.0066 constant 2022 US$ per US$ of GDP | 0.0069 constant 2022 US$ per US$ of GDP | 0.0004 constant 2022 US$ per US$ of GDP | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, per unit of gdp, Cape Verde or Nicaragua?
- Nicaragua, at 0.0062 constant 2022 US$ per US$ of GDP against 0.0058 constant 2022 US$ per US$ of GDP in Cape Verde as of 2023.
- What is the difference in military spending, per unit of gdp between Cape Verde and Nicaragua?
- 0.0004 constant 2022 US$ per US$ of GDP, with Nicaragua ahead.
- How many years of comparable data are there for Cape Verde and Nicaragua?
- 44 years are reported by both, from 1980 to 2023.
- How do Cape Verde and Nicaragua rank globally for military spending, per unit of gdp?
- Cape Verde ranks 155th and Nicaragua ranks 154th of 170 countries.
- Where does this data come from?
- Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.