Military spending, annual growth rate in Cape Verde

Cape Verde: Military spending, annual growth rate was 5.71 % change on previous year in 2023. ◆ Volatile

Latest (2023)
5.71 % change on previous year
Change on year
up 432.5%
World rank
79th
of 172 countries
All-time high
72.12 % change on previous year
in 1980
All-time low
-13.32 % change on previous year
in 1989
Years of data
48
1976–2023

Military spending, annual growth rate in Cape Verde, 1976–2023

-20020406080197619992023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for military spending, annual growth rate in Cape Verde is 5.71 % change on previous year, measured in 2023.

Compared with earlier readings it is up 432.5% on the previous year and down 0.6% over ten years.

Over the whole period, military spending, annual growth rate in Cape Verde peaked at 72.12 % change on previous year in 1980 and was at its lowest, -13.32 % change on previous year, in 1989.

Cape Verde ranks 79th of 172 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 spending, annual growth rate in Cape Verde, year by year

Annual values for Military spending, annual growth rate in Cape Verde, 1976 to 2023.
Year % change on previous year Change
1976 0.9489 % change on previous year
1977 -5.67 % change on previous year -697.6%
1978 -5.99 % change on previous year +5.7%
1979 -4.72 % change on previous year -21.2%
1980 72.12 % change on previous year -1628.0%
1981 32.71 % change on previous year -54.6%
1982 -9.17 % change on previous year -128.0%
1983 -8.91 % change on previous year -2.8%
1984 -6.31 % change on previous year -29.2%
1985 -10.46 % change on previous year +65.7%
1986 12.46 % change on previous year -219.1%
1987 -0.3851 % change on previous year -103.1%
1988 -4.67 % change on previous year +1111.7%
1989 -13.32 % change on previous year +185.3%
1990 -10.85 % change on previous year -18.5%
1991 -10.69 % change on previous year -1.5%
1992 -3.98 % change on previous year -62.8%
1993 -5.84 % change on previous year +46.9%
1994 7.43 % change on previous year -227.2%
1995 12.73 % change on previous year +71.3%
1996 -6.41 % change on previous year -150.3%
1997 4.37 % change on previous year -168.3%
1998 5.76 % change on previous year +31.7%
1999 13.94 % change on previous year +142.0%
2000 -2.9 % change on previous year -120.8%
2001 -3.48 % change on previous year +19.8%
2002 -1.55 % change on previous year -55.4%
2003 7.26 % change on previous year -568.7%
2004 11.6 % change on previous year +59.7%
2005 1.11 % change on previous year -90.4%
2006 -0.955 % change on previous year -185.9%
2007 14.09 % change on previous year -1575.8%
2008 0.5793 % change on previous year -95.9%
2009 -2.06 % change on previous year -456.2%
2010 -0.4372 % change on previous year -78.8%
2011 4.71 % change on previous year -1177.9%
2012 1.37 % change on previous year -70.8%
2013 5.75 % change on previous year +318.3%
2014 4.96 % change on previous year -13.8%
2015 -0.0487 % change on previous year -101.0%
2016 5.96 % change on previous year -12356.8%
2017 1.78 % change on previous year -70.1%
2018 0.3962 % change on previous year -77.8%
2019 7.59 % change on previous year +1816.2%
2020 -1.52 % change on previous year -120.0%
2021 -0.3257 % change on previous year -78.6%
2022 -1.72 % change on previous year +427.3%
2023 5.71 % change on previous year -432.5%

Cape Verde compared with similar countries

  • Cape Verde's 5.71 % change on previous year is above the median for upper middle income countries, which is 5.16 % change on previous year, 1.1× the median. (49 countries reporting)
  • Cape Verde's 5.71 % change on previous year is above the median for Sub-Saharan Africa, which is 5.01 % change on previous year, 1.1× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2016 +12356.8% -0.0487 % change on previous year 5.96 % change on previous year
2019 +1816.2% 0.3962 % change on previous year 7.59 % change on previous year
1980 +1628.0% -4.72 % change on previous year 72.12 % change on previous year
2007 +1575.8% -0.955 % change on previous year 14.09 % change on previous year
2011 +1177.9% -0.4372 % change on previous year 4.71 % change on previous year
1988 -1111.7% -0.3851 % change on previous year -4.67 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -3.86 % change on previous year -5.99 % change on previous year 0.9489 % change on previous year 4
1980s 6.41 % change on previous year -13.32 % change on previous year 72.12 % change on previous year 10
1990s 0.6477 % change on previous year -10.85 % change on previous year 13.94 % change on previous year 10
2000s 2.37 % change on previous year -3.48 % change on previous year 14.09 % change on previous year 10
2010s 3.2 % change on previous year -0.4372 % change on previous year 7.59 % change on previous year 10
2020s 0.5366 % change on previous year -1.72 % change on previous year 5.71 % change on previous year 4

Countries ranked near Cape Verde

  1. 76 Montenegro 6.01 % change on previous year compare
  2. 77 Liberia 6 % change on previous year compare
  3. 78 Slovenia 5.95 % change on previous year compare
  4. 80 Bahrain 5.7 % change on previous year compare
  5. 81 Madagascar 5.68 % change on previous year compare
  6. 82 Jordan 5.6 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military spending, annual growth rate in Cape Verde?
Military spending, annual growth rate in Cape Verde was 5.71 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Cape Verde?
The highest recorded value was 72.12 % change on previous year in 1980.
What is the lowest military spending, annual growth rate recorded in Cape Verde?
The lowest recorded value was -13.32 % change on previous year in 1989.
How does Cape Verde rank for military spending, annual growth rate?
Cape Verde ranks 79th out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Cape Verde?
Over the last ten years it is down 0.6%. 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 spending, annual growth rate. Statizoid updates them automatically from the source API.

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CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.

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Military spending, annual growth rate in Cape Verde. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/cabo-verde/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.